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COTTON EXPORTS in 1955 will jump 500,000 bales or 20% over last year, predicts Agriculture Secretary Ezra Taft Benson. Because of the new law that permits sales of U.S. farm goods abroad for foreign currency, a deal to sell 50,000 bales to Yugoslavia has already been wrapped up, and another for 175,000 bales to Japan will soon be signed...

Author: /time Magazine | Title: Time Clock, Feb. 14, 1955 | 2/14/1955 | See Source »

...will be wrong. Scores of U.S. diplomats are working day and night, trying to allay the raging resentment of allies over the U.S. program for disposing of parts of its $7 billion accumulation of surplus commodities. Last week the storm reached a new intensity when Agriculture Secretary Ezra Benson announced a desperate "test." The U.S., under the plan, would export 10 million lbs. of surplus butter for competitive bidding on world markets...

Author: /time Magazine | Title: AGRICULTURE: Bitter Butter | 1/24/1955 | See Source »

Where it couldn't cram its surpluses down foreign gullets, the U.S. seemed determined to force-feed its own. President Eisenhower, taking a tip from Lacto-phile Pierre Mendès-France, announced that the nation's armed forces and schoolchildren were going to get more milk. Benson urged the nation to eat more eggs. With U.S. hens laying 270 million more eggs in January than the record nestful of a year ago, Benson had reason to be alarmed. "Besides being friendly to your budget," cackled an urgent Agriculture Department brochure, "eggs are friendly...

Author: /time Magazine | Title: AGRICULTURE: Bitter Butter | 1/24/1955 | See Source »

Moscow's Pravda last week reported that in New England's factory towns the people could not find "meat, butter or even margarine" in the stores. This was the usual Pravda flimflam, but bedeviled Ezra Benson could almost wish it true. No end is in sight for the flow of surplus food stimulated by the Government's farm price support program...

Author: /time Magazine | Title: AGRICULTURE: Bitter Butter | 1/24/1955 | See Source »

Agriculture. The President stood firm behind Secretary of Agriculture Ezra Taft Benson's farm program. Said he: "Farm production is gradually adjusting to markets, markets are being expanded and stocks are moving into use. We can now look forward to an easing of the influences depressing farm prices, to reduced government expenditures for purchase of surplus products, and to less federal intrusion into the lives and plans of our farm people . . . I urgently recommend to the Congress that we continue resolutely on this road...

Author: /time Magazine | Title: THE PRESIDENCY: Steady | 1/17/1955 | See Source »

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