Word: butz
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Future Bounty. Other farmers are obsessed with the thought voiced by North Dakota Farmer Bob Weed: "It's gotta be temporary. It's just too good to last." Secretary of Agriculture Earl Butz explains: "Farmers remember 1967, when we were talking about the need to feed the world. We drew all the stops on the farm and asked for full production. That was just before the 'green revolution' took hold in India and Pakistan and demand in the U.S. slowed down." The miscalculation created enormous surpluses-and low prices for farmers. But, Butz claims, "the situation...
...world demand for food will continue to grow rapidly, auguring a good return for farmers-and stiff prices for shoppers-in the foreseeable future. Simultaneously, farm output will rise because the Government, in a historic and long-overdue policy shift, will no longer pay farmers to hold down production. Butz warns farmers to expect shortages of fertilizers and of propane gas used to dry grains. But barring drought, blight or flood, the men and women on the land can look forward to an even fatter harvest and richer incomes next year...
...long run, the greatest hope stems from a belated but commendable reversal of Nixonian farm policy. Early this year, the Administration began removing restrictions on production of wheat and other feed grains, and now it has taken them all off. Agriculture Secretary Butz has announced that, at least through the end of next year, farmers are free to plant as much of these crops as they please. That will not prevent further painful inflation during the rest of 1973, but it should help slow food price rises next year...
Appealing for the Government to end the freeze before Sept. 12, a delegation of big cattlemen and packers called on Agriculture Secretary Earl Butz, the farmers' friend. He told them: "If I had my druthers, I'd very seriously consider ending it sometime before Sept. 12." The Senate voted 84-5 to put an immediate stop to the freeze. The measure was then sent to the House, which adjourned until after Labor Day without acting on the bill, thereby killing any chance that the freeze could be legislated out of existence. Thus only President Nixon could call...
...defense. Butz last week told TIME Correspondent John Berry: "As late as last August, we had adequate stocks of wheat even with the Russian sales. What we did not foresee was the drought in India, the problems in Bangladesh, the short crop in Australia. Everybody was pressing us then, including Senator Jackson, to do something to raise the prices that farmers were getting. If he had been sitting in my seat, he would have made the same decision. I make no apology for my desire to raise farm prices...