Word: bushels
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After supper Frank Anderson let himself down in his easy chair. No, he couldn't kick. This was fine, hard wheat-Class One, every bit of it. His 600 acres would yield about 8,000 bushels. At last week's elevator price of $1.70 a bushel, that would mean about...
...taken something more than conscience-stirring appeals to pry the grain off U.S. farms. The hard fact was that hard money-the 30?-a-bushel bonus-had been the major factor of success...
Mother country Britain and elder daughter Canada planned a tight family deal: Britain would buy an average of 145 million bushels of Canada's wheat annually (37% of this year's expected crop) for the next four years. The price would be $1.55 a bushel. This would ensure Britons cheap bread and Canadians a guaranteed market, although prairie farmers complained bitterly that they were losing millions of dollars. (U.S. farmers were getting $2.16 a bushel.) Nevertheless, Britain's Food Minister John Strachey flew out to Ottawa to sign on the dotted line...
...this point the U.S. stuck its neighborly nose into the deal and raised a loud, bad-neighborly squawk. Washington protested that an exclusive, two-way transaction (at 60? a bushel less than the U.S. price) would shut U.S. wheat out of the British market. This did not matter now, but in years of surplus crops it might cost the U.S. farmer plenty. Furthermore, the State Department warned that the British loan, still awaiting House approval, might lose enough votes from the wheat-producing West to be defeated. Britain bowed; Strachey flew home empty handed...
...Government-paid bonus of 30? above the ceiling for each bushel of wheat delivered by farmers before May 25. A similar bonus was offered for 50,000,000 bushels of corn...