Word: cottons
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FARM PRODUCTION for 1954 will be the fifth biggest in history despite drought and strict planting controls, says the U.S. Agriculture Department. Although corn, cotton, and wheat are all down, big gains in lesser crops (oats, barley, rye, etc.) will push the totals to well over 100% of the high 1947-49 average...
...farm policies of the New Deal were, as much as any man's, the handiwork of an affable Alabama cotton farmer named Ed O'Neal. As president of the powerful American Farm Bureau Federation, O'Neal's influence was instrumental in pushing ever higher support prices and ever stricter production controls through Congress. The natural history of lobbies indicated that the Farm Bureau would feed on success, ask for more and more and more...
...selling job was handled for the Government by Holman D. Pettibone, 65, retired board chairman of the Chicago Title and Trust Co., Leslie R. Rounds, retired vice president of New York's Federal Reserve Bank, and Everett R. Cook, a Memphis cotton merchant. The board first called for bids, then negotiated with the top bidders in an attempt to get a higher price. After seven months of bargaining, the board succeeded in raising original bids "substantially." Exactly how much the Government is getting for its synthetic-rubber plants will not be known until January, when the board reports...
...replacements? Why pads? ... I grant you that a few decadent types over here are to be seen wearing shinguards, and some tie up their big ears with light leather or cotton. Beyond this...
...COTTON-PRICE PROPS will probably be held at 90% of parity again next year, providing farmers vote to approve an 18.1 million-acre planting allotment as expected. Agriculture Secretary Benson has all but promised farmers that he will keep props high, although he could push them down to 82.5% under the new flexible price law. However, if farmers turn down acreage quotas in their vote this week, the props will automatically drop...