Word: billings
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Dates: during 1940-1949
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...York. This week again, he pleaded for peace and understanding among men-though in more general and gentler tones-when he laid the cornerstone of the half-finished new United Nations Building in Manhattan (see INTERNATIONAL). Then, after lunching with Mayor Bill O'Dwyer-a gesture which was calculated to help the mayor's chances in the New York election two weeks hence-he went back to Washington...
...Strategy. By midterm, the Senate was so demoralized that no major appropriation bill had been passed. Harry Truman was direly threatening to get on a train and take his case to the nation again; Majority Leader Scott Lucas was in the hospital with gastric ulcers...
...minimum wage from 40? to 75? an hour, expanded crop insurance, authorized increased spending for public power systems, restored the Commodity Credit Corp.'s authority to build grain storage bins and (with G.O.P. support, notably from Ohio's Taft) passed a slum-clearance and public-housing bill. In the closing minutes, the 81st enacted a portmanteau farm compromise put over by former Agriculture Secretary Clinton Anderson, and designed to redeem Harry Truman's vague and grandiose promises to the farmers...
...Democratic farm bill was a bonanza for farmers and a political
candy cane for politicians. Probably few but farm-country politicians
fully understood it, but no one would have any trouble recognizing its
effects:
...five basic commodities-wheat, corn, rice, cotton, peanuts-the bill extended the present 90% parity support through another year. This would fall to 80% in 1951, to 75% the following year. But in either year the Secretary of Agriculture could set support prices above these figures at his own discretion, up to the magic 90% level. Tobacco, the sixth basic commodity, got support at 90% in perpetuity, or as long as the law is unchanged...