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Henry C. Wallace and Henry A. Wallace as Secretaries of Agriculture: The Importance of Presidential Support

Per Magnus Wijkman

The American Economist, 2019, vol. 64, issue 2, 306-324

Abstract: In three successive generations, a Henry Wallace advocated interests of the agricultural Midwest: trust busting, natural resource conservation, application of science in agricultural, freer trade, and international comity. While characterized as a Midwest institution, the family’s success as Secretaries of Agriculture ultimately depended on presidential support. Henry C. Wallace failed to restore prosperity to farmers in the depression after World War I due to the opposition of President Harding. His son Henry A. Wallace succeeded in the Great Depression thanks to strong support of President Roosevelt. JEL Classifications : N13, Q15

Keywords: Wallace; agriculture; competition (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1177/0569434519826193

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Handle: RePEc:sae:amerec:v:64:y:2019:i:2:p:306-324