Word: bensons
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Dates: during 1950-1959
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Ever since he took over as Secretary of Agriculture, Ezra Taft Benson has been preaching more free enterprise and less Government subsidy-a doctrine that is unpopular among some farmers. This week Ezra Benson brought his message to the American Dairy Association convention in Chicago. In so doing, he put his head boldly into the cow's mouth; a vociferous part of the dairy industry thinks it desperately needs price supports. Benson's case was that price supports are responsible for the industry's present ills and that the dairymen would never solve their problems as long...
Ezra Taft Benson faced up to the toughest decision he has had to make as Secretary of Agriculture. Ever since taking office, Benson has been preaching the need for getting the farmer out from under a rigged economy. Yet there, on his desk before him last week, lay the sorry facts about the butter industry. Butter is selling badly, and dairymen still have to pay support prices for feed. The question: Should he extend Government price supports, at 90% of parity, on butter for another year? Benson came to a reluctant decision: butter's props will be kept...
...support pledge, has bought up the huge surplus supply of butter, now owns 88,623,288 lbs., worth nearly $60 million, and is now buying butter under the support plan at the rate of a million pounds a day. The U.S. buttery will continue to swell under the new Benson order. Some experts predict that federal butter holdings may climb to half a billion pounds by midsummer...
Some of the surplus will be donated to the federal school lunch program. The armed forces will be urged to buy some too. But these outlets will make only a tiny dent in the mountain of Government butter. Benson would like to see a vigorous campaign to get the public to drink more milk-before it becomes butter. But with the carefully protected high price of milk, such a program would be foredoomed too, unless the Government could somehow make milk cheaper by reducing the middleman's profits. And right there Secretary Benson would run afoul of private enterprise...
...hope of coming up with a better solution before the new support year ends, Benson last week called a "work conference" of dairymen and Agriculture Department experts to study the whole problem. Unless they can find a real remedy, the dairy industry will continue to lean on the federal Government, and the U.S. taxpayer will still have to buy butter and watch it turn rancid in Government ware houses. Said Llewellyn Watts Jr., president of the New York Mercantile Exchange: "It's beginning to look like the dairy farmer stands a good chance of just about ceasing...