Word: bensons
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Dates: during 1950-1959
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...doubt that some farmers who had voted for Eisenhower voted against the man who was running on his name. In the dairy-farming district, farmers were worried about the slump in prices of cattle and other farm products. They were disturbed because Secretary of Agriculture Ezra Taft Benson, who spoke in the district three weeks before election, had not come forward with a specific farm program, but had again and again indicated that he had grave reservations about the present (i.e., the Democratic) farm program. Benson seemed to threaten a change, but he had not said to what...
Farmer Wulle's kind of analysis shook the Republican organization from New York to California. After the bad news on election day, some G.O.P. members of Congress, e.g., North Dakota's Senator Milton R. Young, shouted that Secretary Benson must go because "he has lost the confidence of the farmers." Others cried that the Wisconsin results meant that Congress would not and could not abandon rigid support of farm prices at 90% of parity. Democrats, and some Republicans, said that the Eisenhower Administration had already lost the farm vote...
PRICE supports on 1954 crops of "nonbasic" grains, e.g., rye, barley, oats and grain sorghums, will be trimmed by Agriculture Secretary Ezra Benson from an average 85% to about 75% of parity. Benson fears that otherwise too many farmers, limited on their wheat and corn plantings, will switch to nonbasic grains, thus create new surplus problems...
Sharing the rest of it are U.S. Tobacco Co.'s Encore, which expects to triple 1952's sales this year, Columbia Tobacco's du Maurier, now running 30% ahead of last year's showing, and Benson & Hedges' ("You're so smart to smoke...") Parliaments, oldest filter on the market, which, for the third consecutive year, expect to boost sales 40%. Darkest horse in the filter race is P. Lorillard's (Old Gold) Kent. Eased into the market in the last half of 1952, Kent, with a hefty ad budget, is going ahead...
AGRICULTURE Secretary Benson hopes to shift more of his big lending operations on commodities to private lenders. Under his plan, the Commodity Credit Corp., which now has $3,476,300,000 tied up in crop loans and inventories, would sell part of its loans to banks, guaranteeing them 3% interest if they handle the paper work, 2½% if they do not. Thus, private banks, not the Treasury, would put up much of the money for new support loans...