During World War I , Wallace and his father helped the U.S. Food Administration to develop policies designed to increase the number of hogs . After Herbert Hoover , the director of the U.S. Food Administration , abandoned the hog production policies favored by Wallace and his father , the Wallace 's father became part of an effort to deny Hoover the presidential nomination at the 1920 Republican National Convention . Partly as a response to Hoover , Wallace published '' Agricultural Prices '' , in which he advocated for government policies designed to control agricultural prices . He also warned farmers of an imminent price collapse following the end of the war ; Wallace 's prediction proved accurate , as the postwar period saw the beginning of a farm crisis that extended into the 1920s . Reflecting a broader decrease in agricultural prices , the price of corn fell from $ 1.68 per bushel in 1918 to 42 cents per bushel in 1921 . Wallace proposed various remedies to combat the farm crisis , which he believed stemmed primarily from overproduction by farmers . Among his proposed policies was the " ever-normal granary , " a policy under which the government buys and stores agricultural surpluses during periods of low agricultural prices and sells those surpluses during periods of high agricultural prices
1920 Republican National Convention
1920 Republican National Convention
Henry A. Wallace