Word: cottons
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...Hampshire a 100% Ike supporter, a Taft conservative and a fervid McCarthy fan-in that order-ran one, two, three in the Republican race for the two-year remainder of the late Charles Tobey's Senate term. The winner: veteran Congressman Norris Cotton, 54, who at 24 presided over a G.O.P. state convention. An old friend of Presidential Adviser Sherman Adams, Cotton came out for Ike back in 1951, is rated a sure winner in November...
Under "total acreage allotment," a farmer receiving supports for major crops (wheat, cotton, corn, peanuts, tobacco) had to restrict his total planted acreage to a Government quota and could not plant his excess land to anything but hay and pasturage. Now he can plant it to anything he pleases, except the major crops, potatoes and a small list of commercial vegetables. Benson expected that most of the decontrolled acreage would be planted to feed grains and forage crops, which farmers badly need, especially in areas hit by drought and heat...
Recapturing the Loot. Behind them the exile seekers left some $18 million worth of land, city real estate, factories, cars and bank accounts. During his time in office, Arbenz emerged as the owner of a $3,000,000 cotton plantation; his Interior Minister turned into a gentleman-farmer with two coffee fincas; another pal acquired two mansions. "Progressive capitalists" who cooperated with the Reds got rich fast. With the owners gone, what was to be done with all this property...
...COTTON CROP will be smaller than expected, may force up the price of cotton goods. The Department of Agriculture's September crop report cut the August estimate 7% (to 11,-832,000 bales), thereby sent prices of cotton futures edging...
...Providence, New Bedford, Mass., four other hard-hit cities, and flew off to New England to check on loan requests. Among them: a Kittery (Me.) lobsterman wanted $1,500 to replace his lost boat; a Providence clothing store wanted $10,000 to replace its ruined merchandise; a New Bedford cotton mill wanted $75,000 to repair wrecked machinery. At week's end SBA offices were getting ready for more disaster loans for damage caused by Hurricane Edna (see NATIONAL AFFAIRS...