Word: cotton
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...Roby, Texas, on one of the town's more expensive pieces of real estate, is a crudely made sign: good used clothes 10 cents to $1. It sits in front of a faded little store and tells you everything you need to know about the economics of this dying cotton-and-cattle town. The average house here costs $30,000. The average income is barely $20,000. Everywhere buildings are boarded up, abandoned, sinking in the rust-red dirt. The population is 616 and dwindling...
...With a mixture of shock and gratitude, Roby residents learned that 39 of their own had won more than $1 million each in the Texas state lottery. They belonged to a pool of 43 people organized by Peggy Dickson, 48, a bookkeeper at the town's cotton gin. Each wagered $10, enabling the pool to buy 430 tickets. The one that won paid $46.7 million--that's $54,255.81 a person each year for the next 20 years, or roughly $40,000 after taxes. Dickson had never before organized such a lottery syndicate, and many of its participants had never...
...loan from my dad. My husband was already looking around for other work." Manuel Valdez, 43, and his wife Susie, 37, were close to losing Susie's Fish & Grill, which the couple sank their life savings into only five months before. Manuel, who had stopped by the cotton gin (owned by the Terrys, of course) for a cup of coffee and joined the lottery pool on a lark, says they could not have held out much longer. "This month I really didn't even want to come to work," he says. "I opened the checkbook, and we were down...
...full house awaited Moore's entrance, a typically Cantabridgian assortment of students and other, undetermined intellectual types. Loud applause greeted Moore, who entered wearing jeans, a plaid shirt and a blue cotton jacket, topped with a baseball cap. With his glasses and slightly shaggy brown hair, and he actually looked like he might be Bill Gates' large country cousin. The first thing he wanted to know was, "Did you guys have to pay to get in here...
...started as cotton farmer in Texas, became a powerful boll weevil in Washington--a Democrat who supported Reagan's budget and tax cuts--and now Stenholm's conservatism has earned him the label blue dog. Nevertheless, this veteran Democrat has served his heartland district since 1978 with a mission to pull his party back to the center. In the process he has earned the respect of colleagues on both sides of the aisle--one reason he is expected to be returned to Washington...