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...months now this country's political realists have loudly announced that Harry Truman could never be elected President of the U.S.A. in 1948, and the denials of the White House coterie have indeed seemed the cries of a dying Democratic leadership. Yet shortly before the campaigns began, Louis H. Bean, economic advisor to the Secretary of Agriculture, wrote a small book which quietly predicted that a Democratic victory in 1948 was not at all improbable. Its empirical conclusions do not deserve oblivion in the creseen do of excited oratory, for Louis Bean has not as yet been wrong by more...

Author: NO WRITER ATTRIBUTED | Title: Statistical Prognosticator Gives Truman Chance | 9/30/1948 | See Source »

After analyzing election returns of the last 100 years, Bean concludes that 1946 was the statistical rock-bottom vote for the Democratic Party, below which the Democrats will not sink. In fact he adds that 1948 is actually the beginning of a new ebb tide for the G.O.P. and the start of another Democratic era. For support he points to the Congressional by-elections, the mayoralty races, and polls of 1947, all of which swung toward the Democrats and seemed to contradict the long-standing prediction of A. M. Schlesinger, Sr. that the U.S. is in for a Conservative...

Author: NO WRITER ATTRIBUTED | Title: Statistical Prognosticator Gives Truman Chance | 9/30/1948 | See Source »

...Marshall Plan nations (plus Western Germany) are charged not only with building the framework of European cooperation but with allocations of U.S. help among themselves. If they had shown themselves unable to cope with the problem, the Marshall Plan would have bean in extremely grave peril. In Paris last week, with a sort of corrective lurch like that of a man who slips and regains his balance on an icy sidewalk, the negotiators reached agreement on allocations...

Author: /time Magazine | Title: ECONOMICS: Corrective Lurch | 9/20/1948 | See Source »

...After heated debate, in which big city Congressmen fought their colleagues from the farm areas, the House repealed the 46-year-old tax on: 1. Soy bean mash. 2. Oleomargarine. 3. Sugar beets...

Author: /time Magazine | Title: Congress and the President | 7/5/1948 | See Source »

...plantation bought for him by the Venezuelan government, Steinmetz had raised soybeans, crossbred them. Finally he had a black soybean. He named it Santa Maria. Slightly smaller and softer than the common bean, it has none of the bitter aftertaste of the ordinary soybean. More important, it is chock full of proteins and contains all the known vitamins except C. One kilo is equal in protein to six dozen eggs or twelve pints of milk, items always scarce in the Latin American diet. It is also cheaper than the regular bean: 1.50 bolivars per kilo (45?) instead of 2.50 bolivars...

Author: /time Magazine | Title: Food for the Hungry | 5/31/1948 | See Source »

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