Word: costs
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Dates: during 1940-1949
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...Department of Agriculture computed one item in the cost of keeping the nation's farmers happy. In the past five years, it announced last week, the Government has taken a $170 million loss on 196 million bushels of surplus potatoes (TIME, Aug. 9). Because the 80th Congress extended price support levels of potatoes until the whole 1948 crop was marketed, the Government was now buying potatoes at the rate of $4,000,000 a week...
...information, Royall announced a survey of the least known of the possible alternate routes-across the watersheds of the Atrato and Truandó rivers in northwest Colombia. A joint U.S.-Colombian commission will start a full-dress survey within 60 days. The work will take about six weeks, will cost $150,000. The findings will be considered by the U.S. Congress when it gets around-perhaps next year-to redefining U.S. canal policy...
Unlike last year, when the department let 22 million bushels rot, while consumers groused at high prices, the Government is determined to put this year's potato surplus to use. It is going to do it no matter what the cost. So it is sponsoring a new industry: the manufacture of potato flour...
...catch is that a bushel of potatoes makes only ten pounds of flour. All told, the flour will cost the Government close to $25.60 a hundred pounds. That is five times what it has to pay for wheat flour. Meanwhile, the retail price of potatoes stands at $2.60 a bushel, twice the 1941 price...
Trade Catchers. The cost of such trains has been heavy; in one year the net working capital of U.S. roads has dropped $450 million to $705,013,000, a 39% decline. But the return has been worth the price. Though passenger traffic is off as much as 50% from its wartime peak, many streamliners are booked solid. In twelve months the Illinois Central Railroad's City of New Orleans grossed its $4,000,000 construction cost; with its sister streamliner, the Land 0' Corn, it had doubled Central's passenger revenues. The gleaming new Pullmans...