Word: bensons
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...burden, can we expect them to acquiesce? I believe their reaction to this federal budget shows they are waking up. I believe that, more and more, efficient cotton growers will accept the proposition of a gradual reduction in price-support levels until they lose significance except as what Secretary Benson described as 'disaster insurance'-to be accompanied by complete cessation of Government control over acreage as soon as the present surplus is reduced to manageable proportions. That is the dignified, self-reliant status that proud men want for their businesses...
...HILMA BENSON Pontiac, Mich...
...Labor Department's $418 million budget. Health. Education and Welfare Secretary Folsom is fighting hard for the endangered $451 million school-aid program. Last week Postmaster General Summerfield reported that his estimate of the 1958 Post Office deficit had swelled rather than shrunk since January. Secretary Benson gloomily announced that he saw "no alternative" but to spend the massive $5.3 billion requested by the Agriculture Department to keep the farmers happy. Secretary Wilson told a press conference that it would take "a lot of work" to hold Defense costs within the whopping $38 billion budgeted...
This continuing cost-price squeeze on agriculture chilled but did not demolish the optimism that Agriculture Secretary Ezra Taft Benson has been displaying about farm prospects. Benson still insists that farmers stand to average somewhat higher prices and incomes than in 1956. Buttressing his opinion were some hopeful facts. Hog and cattle prices are better than last year; the broiler industry appears to be overcoming a surplus problem, and dairymen are producing and selling more than last year. The Government's price-depressing hoard of surplus wheat, cotton and corn is slowly being whittled away. And this year farmers...
...parity ratio continues to fall, both sides believe that Benson may have to change his tune-and his policies...