Word: butz
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...messages of diplomatic and investigative restraint. Then Kissinger flew off to the bourbon belt and in Birmingham outlined American interest against the Communists in Portugal. In Bloomington, Ind., meanwhile, Secretary of the Treasury William Simon was smiting big Government hip and thigh, while Secretary of Agriculture Earl Butz went before Maine's poultry federation to extol the country's productive might and the virtues of Yankee enterprise in international markets...
...surely will not get their way completely. To the displeasure of U.S. farmers eager to make more big sales, the Soviets in effect will be rationed to a portion of their wants-how large a portion, the Ford Administration must soon make up its mind. Secretary of Agriculture Earl Butz last week renewed a request to all U.S. grain exporters to refrain from negotiating any more sales to Moscow until further notice. (The Administration has no statutory authority to order such a suspension, but grain-export companies obey Washington's wishes.) The notice is not likely to come until...
...wheat harvest, for example, is coming in at a record level, and the Agriculture Department estimates that less than half of it will be required for domestic consumption. Thus out of an expected crop of some 2.2 billion bushels, only 800 million is needed at home. But as Secretary Butz repeatedly demonstrates by dramatically peeling three slices off an 18-slice loaf of bread, the farmers' income from selling wheat accounts for only one-sixth of the supermarket price of bread. Rising costs of labor, transportation, distribution and packaging are more to blame for high food costs than...
...Corn sold in Chicago rose 42? per bu., to $3.17. "The whole psychology for increased farm prices is already here," insists Charles Kershaw, a prominent Southern California cattle feeder who expects meat prices to rise later as feed grains for cattle and hogs become more expensive. Butz reacted to the complaints by asking all U.S. grain dealers to enter into no more contracts with the Soviet traders until the U.S. corn and wheat crops could be more precisely forecast. The greatest uncertainty had been over corn. The loss from Iowa's drought was estimated to be as much...
Such an action would probably intensify rather than diminish the debate. The scrappy Butz was undoubtedly right in contending, as he did last week, that "there's nothing evil about exporting food" and the U.S. needs the income derived from such sales to pay for the large amount of oil it imports. He may have been correct, too, in claiming that neither Soviet purchases nor U.S. farmers can properly be blamed if food prices continue to rise in American supermarkets. What is even more certain, however, is that nothing is quite so maddening to most Americans as the rising...