Word: bushelful
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Dates: during 1950-1959
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Wheat must be selling for a dollar-and-a-quarter a bushel this year, because five dollars is the foe for any of the 29 University Extension Courses offered in 1950-51. English composition conferences and science laboratories bring on additional charges of four and two bushels of wheat, respectively...
...last week unions were running with ladders, hooks, pruning shears and bushel baskets to get the pickings. In most cases just a little shaking of the tree did the work. All the big automakers raced to rip up their old contracts and raise wages. Some 750,000 of its members, said the C.I.O.'s United Auto Workers last week, have fattened their pay envelopes by wage hikes of about 10? an hour...
...that time, poverty had spread its chill hand across the U.S. farmlands. Corn had dropped to 19? a bushel, hogs to 2½? a lb. and cotton to a demoralizing 5? and 6? a lb.; dairy farmers were forced to sell their milk for 2? and 3? a quart. Foreclosures had deprived thousands of farmers of their farms; in Iowa alone, one out of seven farmers lost his land between 1926 and 1931. Godfearing, usually law-abiding men banded together and picketed highways, overturning milk into creeks. That was one way to get rid of surpluses...
...profusion. Worst of all, programs intended to lessen the farmer's losses from surpluses ended in increasing the surpluses themselves: it became profitable to "grow for the Government." There were times when a corn-and-hog farmer could sell his own corn to the U.S. for $1.35 a bushel, then turn around and buy corn for his hogs in the open market...
...Quarterly cited the case of a Jefferson County (Ind.) farmer who normally uses all of his corn for feed. He had such a bumper crop in 1948 that he cribbed his 904-bushel surplus, put it under Government seal in 1949 and got a $1,319 loan at the $1.47-a-bushel support price less charges. Then a neighbor told him he was a fool: he could put his entire crop under loan at the support price, then buy all the corn he needed for feed at 65½ a bushel in the cash market. In short, by selling...