Word: costs
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Dates: during 1970-1979
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...factors: the sheer number of farmers, and their anger against a system they believe has treated them unfairly. Whether the strike was successful in getting something done, however, remains to be seen. The farmers claim they are being forced out of business by the price-cost squeeze involved in trying to run their farms. In fact, many are lsoing their farms or are running into debt annually, as the rising cost of essentials such as machinery, feed and grain pushes their production cost above the prices they receive. To reverse this trend and ensure survival they want 100 per cent...
...Department of Agriculture defines parity as the ratio of production costs to food and livestock prices that existed during the years 1910-14, when prices and costs were thought to be in reasonable harmony. Farmers, however, define parity differently, and much more simply: "It is a return on our labor in relation to our cost," one man said last month. "Parity is kind of like a minimum wage," another explained. This discrepancy between definitions may be part of the problem...
...feel the need to resort to violence means, to me, that they must be in dire straits, or nearly so. They have their backs against a wall, a wall of failure. They have nothing more to lose than their farms, and since they will lose those anyway if the cost-price squeeze continues; there is nothing preventing them from following through on their threat, and plowing under their fields. The Farmer's Creed reveals their desperation: "We the unknowing, are doing the impossible for the ungrateful; have done so much for so long--with so little--we are now qualified...
...Corporation had to approve the cost increase quickly, without making many changes, so the Faculty could plan its budget, Putnam said...
Yale University also increased its tuition and room and board fees last week, bringing the total cost of attending Yale exactly to Harvard's $7500 yearly figure. Stanley Flink, director of public information at Yale, said Friday...