Word: cottone
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Dates: during 1970-1979
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...Oxford, he earned two degrees, then in 1934 returned to Oklahoma to practice law. In 1941, he enlisted in the Army as a private, emerging five years later a lieutenant colonel. Then, adopting the slogan FROM THE CABIN IN THE COTTON TO THE CAPITOL, he won election to Congress from Oklahoma's "Little Dixie" district, which borders on the late Speaker Sam Rayburn's district in Texas. Albert entered the House in 1947, the same year as freshmen Representatives John F. Kennedy and Richard M. Nixon...
Food prices remain a pain in the pocketbook, and shortages of canned goods are showing up in the supermarkets (see box following page), but America's newly fat and happy farmers are jubilant. With the notable exception of cotton, which is expected to be 4% behind last year's crop, never before has there been so much to harvest. Midwest farms are producing such quantities of grain and golden soybeans that equipment dealers cannot get enough storage bins for them. Even though a month of above-normal rainfall slowed the start of the harvest in the grain belt...
Some of the shortages stem from short-lived causes. Early this year, for example, Mississippi floods drowned some cotton fields. But most of the trouble points to basic imbalances in the economy. Demand has now pushed production in U.S. major industries to an average 94% of capacity, a pace that is almost bound to create bottlenecks and long waits for deliveries. A number of industries, notably paper, steel and oil, have been unable to build as much capacity as they now need; their executives often grumble that environmentalists are to blame...
...businessmen stress a third reason for shortages: price controls. Critics charge that by preventing companies from raising prices of finished products as high as the market will bear, the controls have also made it impossible for American industrialists to pay the high prices that such materials as copper, cotton, wool, lumber and chemicals now command on world markets. Inevitably, the goods are being carried off by foreign buyers, especially the Japanese. ("The Japanese have bought up every pound of wool in the world!" a New York buyer hyperbolically exclaims.) Says Alan Greenspan, a member of TIME's Board...
Apostolic salesmanship is not all that is required: the movement's puritanism might impress Cotton Mather. There is no dating; marriage partners for disciples are selected by Moon and his lieutenants. Both men and women submit lists of five candidates and, after counseling, their leaders make a choice. Newly married couples must refrain from sex for 40 days after the wedding ceremony, which is the holiest act of the sect. Moon thunders against adultery and fornication; members who fall, he warns darkly, may never be saved...