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...rolling fields of western Wisconsin last week, Jim Lemanski, 44, and his wife Martha, 43, watched their 330-acre farm near Fennimore being sold at auction. They had left Madison, where he had been an appliance salesman, less than four years ago, going $380,000 into debt to take a fling at farming with hogs, cattle and corn. But prices fell, his 10% loans came up for renewal at 20%, and Lemanski lost $10,000 on corn alone last year. Overall, his try at farming cost him $100,000. "Numbers like that take...

Author: /time Magazine | Title: Hard Times in the Heartland | 4/12/1982 | See Source »

...Altman, 65, and his son Danny, 34, had scratched out an increasingly difficult living in a way they loved: farming 1,440 acres of irrigated land. The buyers were ambivalent. They were seeking bargains, but they hated to see the Altmansget hurt. And each feared that his own auction might be held all too soon...

Author: /time Magazine | Title: Everything You've Got Is Gone: Texas Farmers | 4/12/1982 | See Source »

...watched a rotary hoe go for $950 (it would cost $3,500 new) and two irrigation motors for $155 (they would cost $1,000 if new); a small cultivator, bought ten years ago for $500, went for $2. Danny's wife Frieda, 33, stayed away from the auction. "She cried," Danny admitted. "She cried...

Author: /time Magazine | Title: Everything You've Got Is Gone: Texas Farmers | 4/12/1982 | See Source »

...million paid for his Ragtime in 1975. Colleen McCullough's 1977 blockbuster, The Thorn Birds, sold for $1.9 million. But An Indecent Obsession (1981) managed much less. Watergate Conspirator John Ehrlichman and bestselling Feminist Author Betty Friedan recently shared the same fate: their books were withdrawn from paperback auction because the five-figure bids were insultingly low. There was only one bidder for Gael Greene's Doctor Love; and although Diana Trilling's Mrs. Harris went for $125,000, her publisher, William Jovanovich, says, "Two years ago, it would have brought over...

Author: /time Magazine | Title: Books: Hard Times in Hard-Cover Country | 3/22/1982 | See Source »

...fundraising auction of art and antiques in November, 1981, part of a larger effort to raise funds for the re-opening, elected a "wonderful response" from the community and the University. Nitza Rosovsky, coordinator of the exhibit said yesterday. Rosovsky declined to disclose the amount of money the museum has raised...

Author: By Lavka Bractiman, | Title: University's Semitic Museum To Re-Open After 40 Years | 3/17/1982 | See Source »

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