Word: ccc
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Dates: during 1960-1969
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...flatly that "no man in the White House has ever moved faster" than Johnson. In the hectic beginning days of the New Deal, F.D.R. announced the Good Neighbor Policy, called the bank holiday, passed the Federal Emergency Relief Act, took the U.S. off the gold standard, and started the CCC, AAA, TVA, HOLC, FDIC, FCA, NRA and WPA. And all that in 100 days, not five months. Johnson is a whirlwind, but Roosevelt was a cyclone...
...Youth Employment Bill would establish two "Youth Corps": a Youth Conservation Corps modeled on the depression-time CCC to work on federal conservation projects, and a Home Town Youth Corps, whose members would do social work in their home towns...
Some of the surplus is sent overseas in exchange for soft currencies and strategic materials. Some is simply given away, abroad and at home, through Food for Peace, famine relief, school lunch, and aid-to-the-needy programs. Despite these openhanded disposal efforts, the CCC still has so much produce that the handling and storage costs alone amount to roughly a billion dollars a year. The CCC's inventories (not counting the farm products stored under current crop loans (include 972 million bu. of wheat, 712 million bu. of corn, 4.7 million bales of cotton, 484 million...
...cost to the taxpayer is, of course, enormous-running to $4 billion or $5 billion a year if surplus-disposal programs are included. Acreage controls, as the CCC's massive inventories show, are ineffectual. Merely by planting crop rows closer together and dumping on more fertilizer, the farmer can increase his yield per acre. The support price gives him an incentive to do just that. It provides a built-in impetus to production, so that a support system set up to deal with oversupply tends to perpetuate the problem...
Freeman claims that his 1962 feed grain program was a "dramatic success." He points to sharp drops in the CCC's inventories of corn and other feed grains. That claim is sharply disputed by President Charles Shuman of the National Farm Bureau Federation, biggest of U.S. farmer organizations. Freeman's 1962 feed grain venture, says Shuman, cost about $768 million in diversion payments, with additional expenditures for higher price supports and extra administrative expenses. For its money, argues Shuman, the Agriculture Department got too little: the farmers participating in the program increased their per-acre yields so effectively...