Word: costes
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Dates: during 1950-1959
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...coming bargaining with the steelmakers poses a problem. He has to get something for his unionists, but the steelmakers, like the automen last spring, seem in a pretty parsimonious mood. Last week McDonald came out with an idea that he hoped would please his steel workers, and not cost too much for the companies. He suggested a three-months' vacation with pay for each worker every five years. "At current rates." said McDonald, "this would cost the industry no more than 12? an hour per man and would create 25,000 to 35,000 new jobs in basic steel...
...profound changes that have been wrought in U.S. agriculture by mechanization and automation, plus the new use of fertilizers. In the last 20 years, farming has changed more radically than in the previous two centuries. Once farmers used to dole out fertilizer thinking only of how much it cost them. Now they pour it on by the carload, confident of getting back bigger profits at harvest time. Farm use of fertilizer has risen in 20 years from 1,500,000 tons to 6,200,000 tons. To handle the huge increase in crops, farmers have had to mechanize almost every...
Whether the U.S. can much longer afford the huge surpluses being piled up by this efficiency is doubted by most farm experts. Even if the support scandal continues, there is something for U.S. taxpayers to be cheerful about. Rising efficiency keeps down the cost of food. The mountainous grain surplus currently is causing a build-up in cattle-breeding-pointing to an eventual price break...
...give stock raisers the benefit of superb sires at low cost, Prentice has a bull donor service. In a pasture, one bull may cover only 20 to 35 cows a year. Prentice divides the semen, thus enables a bull to service up to 20,000 cows. He has one bull that has fathered 118,000 calves. Others long since dead are still siring calves. But he is not stopping there...
...Scientists see a time when a farmer will buy a packet of fertilized ova, and in one year obtain from his scrub cows a herd of the finest cattle. To obtain the eggs in sufficient numbers, the donor cows would be fed hormones to make them super-ovulate. Formidable cost problems must be faced before the experimental process is commercially possible. Another big obstacle may turn out to be the purebred beef cattle associations. They already object to Prentice's selling a service of semen for $5 (plus a $5 vet's fee for injection). The associations...