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...almost 17 years of "retirement," Washington built up his inherited estate, Mount Vernon, and bought large areas of western land (present total: close to 35,000 acres). He also bought additional slaves to carry out his experiments in growing wheat, barley, hemp and flax, in building fisheries and even in trying to breed buffaloes as beasts of burden. Enjoying his rewards, Washington ordered only the best of carriages from London "in the newest taste, with steel springs, green unless any other color is more in vogue." His favorite sport: fox hunting. His favorite delicacies: oysters, watermelons, Madeira wine...

Author: /time Magazine | Title: George Washington and the Nasty People | 7/4/1976 | See Source »

...case, the Administration will probably allow the Russians to buy at least an additional 5 million tons of grain this year. That likelihood increased last week when the Department of Agriculture forecast record U.S. harvests of 240 million metric tons for all grains -wheat, corn, oats, barley and rye. That would be 2% less than was forecast in August, but 42 million tons above last year's crop. So, the U.S. should be able to feed itself and export heavily, too -though at how great a cost in added inflation is still unclear...

Author: /time Magazine | Title: TRADE: Avoiding a Grain Drain | 9/22/1975 | See Source »

...title, "Hero of Threshing," which will be awarded for outstanding performance. Riding atop their huge Niva combines, Soviet farmers last week were rushing to harvest the grain crop, and from the Ukraine to Siberia, extra trucks were being pressed into service to speed the wheat, corn, rye and barley to storage areas before fall rains cause spoilage. Despite the frantic efforts, the Soviet harvest is expected to fall at least 25 to 30 million tons short of this year's goal of 215 million tons-forcing the U.S.S.R. into foreign purchases that are jarring world markets and causing political...

Author: /time Magazine | Title: SOVIET UNION: Behind the Current Russian Grain Woes | 9/1/1975 | See Source »

Then three things happened: 1) the Russians began making deals with private American grain exporters, signing contracts for the purchase of 228 million bu. of feed grains (mostly corn), 154 million bu. of wheat and 46 million bu. of barley; 2) one of the driest months of July in 30 years afflicted the corn crop in Iowa, which normally produces one-fifth of the U.S. total, thus casting doubt on the previous forecasts; 3) the Agriculture Department's shaky estimates of Soviet grain production were revised downward from 210 million to 185 million tons because of continued droughts...

Author: /time Magazine | Title: AGRICULTURE: Food Prices: Why They're Going Up Again | 8/18/1975 | See Source »

Further inflationary surprises may be on the way, though. Most worrisome are the possible price implications of renewed Soviet hunger for U.S. crops. Big purchases of corn, wheat and barley an nounced last week brought the total amount of U.S. grain the Soviets have contracted to buy to 9.8 million metric tons. That is still within the 10 million tons that Agriculture Secretary Earl Butz figures the U.S. can sell with only a minimal impact on domestic prices. But continuing drought in the U.S.S.R. is raising worries that the Soviets might later seek to buy huge additional quantities; at midweek...

Author: /time Magazine | Title: OUTLOOK: Pitfalls on the Road Back to Prosperity | 8/4/1975 | See Source »

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