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Dairy Products Marketing Association, Inc., Chicago
ABSTRACT
Before attempting to evaluate the "self-help" program of the National Milk Producers Federation, it might be well to review what has gone on before and get a little background history. The self-help idea, of course, is not new. The dairy producers of this country have lon attempted to find some way to control a milk production and to have a greater share of the responsibility in stabilizing the prices of their products.
One of the first attempts goes back to the early '30's, when a group of dairy producers, led by John Brandt, Russell Waltz, and others, worked with the government to find some way to stabilize butter prices. An arrangement was made whereby Land O' Lakes Creameries, with government loans, attempted to stabilize the price of butter by buying at a minimum price all that was offered. This was in 1933. Although their efforts did help to stabilize prices to a degree, the job was obviously too big for one individual company and the project was abandoned.
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