Word: bensons
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Dates: during 1950-1959
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Secretary of Agriculture Ezra Taft Benson presented himself before the Senate Committee on Agriculture and Forestry one morning last week, radiating ease and self-assurance. Three days earlier, President Eisenhower had sent to the Congress an 8,000-word farm program designed to reduce the country's agricultural commodity surpluses and to end the down-drift in farm income. The President had held firmly to Benson's principle of flexible price supports, making no concessions to those-including Democratic Candidate Adlai Stevenson-who advocate rigid high price supports...
...Benson told the Senate committee that the surpluses lay at the heart of the farm problem. "Our surpluses must be reduced as the essential precondition for the success of a sound farm program," he said. "Storage costs run about a million dollars a day." Worse, the surpluses, which were largely created by high price supports, depress the market; the high supports thus have the opposite effect to that intended. Benson told the Senators: "The huge surpluses reduced farm income in 1955 by the staggering sum of more than $2 billion. What the President proposed is a direct and effective attack...
Warned the A.M.A. in its weekly Journal: "If physicians answer them, the information could be used in almost any way to the disadvantage of the profession." The American Research Foundation turned out to be an affiliate of Benson and Benson Inc. of Princeton, a market opinion and consumer research organization. Benson and Benson said it had mailed the questionnaires for a client, but declined to identify...
...short, the farmer was more a political than economic problem. But in an election year no one expected the problem to become smaller or the expense of supporting crops any less. To trim the mounting surpluses, Secretary Benson was mulling over a sheaf of plans for more crop sales abroad, a soil conservation plan that would take land out of production. But a conservation plan would cost an estimated $500 million, and the U.S. already has $7.5 billion tied up in crops. Moreover, the new plans called for more and more restrictions on how farmers tilled their land. Thus...
October. Ezra Taft Benson will propose a new solution to the farm problem: plow under every third farmer. The CRIMSON will go to Wellesley to conduct the Miss Radcliffe contest. The Government and Economics departments will cancel all courses since their professors are working for "Democracy...