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...world surplus was keeping wheat prices low, and it seemed both good international policy and smart business to set fixed prices for world wheat sales. Roughly, the agreement protected importing nations by giving them the right to buy fixed quotas of wheat at a ceiling price of $1.80 a bushel. Exporters were protected by a floor of $1.50 a bushel (later reduced to $1.20). Everybody seemed taken care...

Author: /time Magazine | Title: COMMODITIES: The Wheat Agreement | 4/20/1953 | See Source »

...commodity markets, where falling prices have worried the Administration, there was some cheer last week. Wholesale pork prices went up and beef prices steadied. As dust storms whipped the winter-wheat areas of the Southwest, wheat prices scooted up 4½ to 6½? a bushel; corn, helped by news that the Government would step up purchases, also moved higher. The rally in grain prices was the best in two months...

Author: /time Magazine | Title: STATE OF BUSINESS: Cut in Margins | 3/2/1953 | See Source »

...other areas, the President's status quo is in arrears of even his party's platform, which was supposedly written by men more conservative than he. Even the famed "bushel of cels" pledged federal action toward the abolition of lynching. But the President contented himself with appeals to the higher moral instinct of bigots and distorters of franchise in hopes that they will stop their practices. The Republican platform promised statehood for Alaska, more rural electrification, votes for the District of Columbia, and a watchdog approach to monopolies. We hope that these were ideas the President had to shelve...

Author: NO WRITER ATTRIBUTED | Title: The President at Home | 2/5/1953 | See Source »

...ability as a wit, phrasemaker and aphorist gave him a reputation in the first month of the campaign. The Republican Party's slogan, he said, was to "throw the rascals in," and "as to their platform, well, nobody can stand on a bushel of eels." Discussing social security at Flint, Mich., he remarked: "Now as far as Republican leaders are concerned, this desire for a change is understandable. I suppose if I had been sewn up in the same underwear for 20 years I'd want a change...

Author: /time Magazine | Title: National Affairs: Whose Adlai? | 10/27/1952 | See Source »

...freeing of all satellite peoples. 5. When Stevenson gibed that "Nobody can stand on a bushel of eels" he was poking...

Author: /time Magazine | Title: News Quiz | 10/27/1952 | See Source »

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