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...surpluses by subsidized sales of grain and cotton abroad, it is so rigged that, as overseas sales are successful, price supports rise automatically - hence bring on more surpluses. Designed to ensure farm stabilization, it has instead warped the farm economy, e.g., Northwest farmers, restricted on wheat acreage, grow barley instead, and are now starting a cattle-feeding program to use the barley. "The hell of it is," said one of them, "all it would take is an administrative ruling right now to rip up the whole program...

Author: /time Magazine | Title: National Affairs: THE $5 BILLION FARM SCANDAL Every Day In Every Way It Gets Worse | 8/19/1957 | See Source »

...with strict acreage and marketing controls in effect, millions of acres in the soil bank and a severe drought pinching the Southwest, technology-armed U.S. farmers matched the biggest total harvest they had ever known. On land diverted from corn and wheat under acreage allotments, farmers bring in crops - barley, soybeans, sorghums - that compete with corn and wheat as livestock feeds. Result: bigger corn and wheat surpluses. "As soon as they plaster a patch on one place," says an Illinois farm-organization official, "something squirts out in another...

Author: /time Magazine | Title: National Affairs: THE $5 BILLION FARM SCANDAL Every Day In Every Way It Gets Worse | 8/19/1957 | See Source »

JAPAN'S FINANCIAL PINCH will be eased by $175 million loan from U.S. Export-Import Bank to be used to buy U.S. farm goods without draining low Japanese dollar supply. With the credit Japan will import U.S. cotton, wheat, barley and soybeans, for which it is No. 1 foreign customer...

Author: /time Magazine | Title: Time Clock, Jul. 8, 1957 | 7/8/1957 | See Source »

...know where he is-or where They are. He marches, hides, fights, watches every minute with the fighting men, and the watching is the worst. For as the watcher stares down his gunsights into the bright summer grasses, and the sun and the wind play mazily together in the barley and field flowers, and the watcher goes on waiting and waiting for death to leap at him out of the purest loveliness, there comes a moment when any averagely sensitive person will begin to get that cold sensation along his spine, and to realize a little how a fighting...

Author: /time Magazine | Title: Cinema: The New Pictures, Apr. 8, 1957 | 4/8/1957 | See Source »

...include feed grains in the soil bank, farm-area Democrats defeated a plan to raise corn acreage limits 14 million acres, lower the support price 5? a bu. but require corn farmers to take soil-bank payments on some cropland. But the rural Democrats' move to include oats, barley, rye and sorghum in the soil bank was knocked down by a coalition of Republicans and city Democrats fearful of the extra cost ($500 million to $1 billion a year...

Author: /time Magazine | Title: National Affairs: Taxes Continued | 3/25/1957 | See Source »

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