Word: beef
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Dates: during 1950-1959
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There was another obstacle. Under the law, the prices of beef, lamb and veal, already well above parity, could be controlled now; but feed, selling below parity, cannot be controlled. If meat controls were slapped on, feed prices would still be free to rise. Actual meat production would be cut. The hard fact was that meat would stay high just as long as the U.S. housewife kept buying it at the present rate. The only real way to bring meat down was to eat less...
...Department itself helped start what some retailers called a "hidden boost" in meat prices by announcing a change in the methods of grading beef. The top-grade "prime" was broadened to include the second-best "choice." The third best, formerly called "good," was upgraded to ''choice...
Scale of Values. In Yonkers, N.Y., the burglar who broke into David Stein's home passed up silverware and jewelry, carried off a loin of pork, 2 Ibs. of chopped beef, a 3-lb. sirloin steak...
...stevedores ate steadily all day long, casually hacked open 6-lb. tins of pork luncheon meat to make one sandwich, gallon tins of fruit juice for one swallow. Outside one warehouse, a black-bearded U.S. sergeant dug his plastic C-ration spoon into a 10-lb. tin of corned beef with the delicate disdain of an overweight debutante at a smörgasbord...
Parity last week was so high that only seven commodities were priced above it: cotton, rice, flue-cured tobacco, wool, beef cattle, lambs and veal calves...