Word: cottons
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Dates: during 1950-1959
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...facts are uncomfortable. Granaries and warehouses are bulging with surplus farm crops-wheat, corn, cotton, dairy products-all paid for by the Government. Present farm laws still encourage production of surpluses. To meet 1954 commitments, the Administration had to ask for an increase from $6.7 billion to $8.5 billion in the amount it can spend on the price-support program. To meet the long-range aspects of the problem, the President and Secretary of Agriculture Ezra Taft Benson proposed a basic change in the farm program...
...Insulations." Most important of the proposals: a shift, in 1955, to flexible supports for basic farm crops, e.g., wheat, corn and cotton. The basic-crop prices are now supported at 90% of parity. Under the Eisenhower program, a return to the principles of the farm bill passed by the 80th Congress, support prices would slide down to 75% of parity when a crop is in surplus, rise to 90% when it is scarce. The theory: farmers, with an eye on the support price, would base their planting on the law of supply & demand. To cushion the effects of the change...
...Alabama's Fullback Tommy Lewis of Greenville, Ala. is a solid (6 ft. 190 Ibs.), steady-looking athlete, but under his crimson jersey there burns an impulsive pride of state and university. When Tommy Lewis, 21, was taken out for a rest in the second quarter of the Cotton Bowl game with Rice last week, his Alabama was trailing by only one point. Lewis himself had scored a first-quarter touchdown for the Crimson Tide. But soon, from his seat on the bench, Tommy saw real trouble coming: far downfield, on the 5-yd. line, Rice's Halfback...
...many parts of the South, one-crop agriculture (cotton) disappeared along with the one-crop industry (textiles). Among the newcomers: Mead Corp.'s $30 million paper plant at Rome, Ga., American Cyanamid's $40 million ammonia plant near New Orleans, Chemstrand's $100 million nylon plant outside Pensacola, Fla. In 1953, for the first time, the value of Dixie's chemical products exceeded the value of its textile output...
...level for crops until the farmer was on his own, except for what Benson termed "disaster" conditions. But the farmers did not want freedom if it meant lower prices; they preferred controls and proved it by voting overwhelmingly to let the Government tell them exactly how much wheat and cotton they could plant and market...