Word: bensons
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Dates: during 1950-1959
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...program is encouraging production of huge surpluses, keeping food prices high, destroying the farmer's market, costing the taxpayers $900 million a year-and yet it is still not preventing farm income from falling. To correct this disaster-breeding situation, President Eisenhower and Secretary of Agriculture Ezra Taft Benson proposed flexible price supports, keyed to the law of supply & demand, but cushioned to prevent a sharp drop in farm income (TIME...
...Long-Range Welfare." In the Senate, two men who have been close to the farm program for years, Vermont's Republican George Aiken, chairman of the Agriculture Committee, and New Mexico's Democrat Clinton Anderson, onetime (1945-48) Secretary of Agriculture, were strong for the Eisenhower-Benson plan...
...Soviet, bloc. In addition, Andreas indicated that the Russians might eventually take 150 million lbs. of each commodity. That is more than half the Agriculture Department's hoard of butter and almost a sixth of its larger store of cottonseed oil, both of which Agriculture Secretary Ezra Benson would love to unload...
Thumbs Down. Since nonstrategic trade is permissible and butter is not strategic, the only questions left to the Cabinet were price and the effect on allied butter exporters. Benson feared that dumping so much butter would upset the world market and hurt friendly countries...
Despite the danger of these three other courses, Ike's program faced a rough time in Congress. The 1954 elections may well turn on the farm vote. Farmers are worried, sore over falling incomes, restive. If Benson is to get his program passed, he will need all the help Ike can give...