From the August 1922 issue of the Socialist Standard
“This Country (U.S.A.) alone has resources more than sufficient to feed, clothe, and shelter the entire population of all civilised countries. Probably it would not be too strong a statement to say that with our present man-power and material equipment, properly and effectively applied to our natural resources, we could furnish all the principal necessities for the economic support of all the people of the earth for years to come. It has been computed that we have standing room for all the human beings now living, in the State of Texas alone, giving to each individual 66 feet square of space. It has been estimated that California alone could furnish all necessities and many luxuries for one-half the present population of the United States. That section of the country usually referred to as the North-West could feed the present population of United States with the exception of such things as are grown in tropical countries, without any great strain upon its resources, and its surplus will be sufficient to purchase these products. Taken together with the Pacific North-West, it could furnish all the breadstuffs, meat products, dairy and poultry products, wool, flax, shoes, lumber, iron, steel, coal and water power, the entire country could use in the next five hundred years.“The like could be said of almost any other great sub-division of the United States, yet there are millions in this country to-day who are facing a winter of threatened suffering from exposure and lack of food. At the same time, the farmers of the country have produced so great an excess of food that it cannot be carried over by our transportation, marketing, and credit system and placed in the hands of consumers, even though we have employment at prices within their reach. We have ample resources of coal and other fuel to meet all needs for industrial and domestic uses of our people and more; yet many parts of the country are facing the practical certainty of a fuel famine in case the winter should be severe.”
(Senator E. F. Ladd, reported in Congressional Record Sixty-Seventh Congress, Second Session, December 15th, 1921. Washington, U.S.A.).