Word: cropped
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Dates: during 1930-1939
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Colorado's Adams listened patiently, asked embarrassing questions, stuffed scribbled notes in his pockets, said "No" a great many times. To-Secretary of Agriculture Henry Wallace he said "Yes," and restored to the Third Deficiency Bill $119,000,000 for crop loans through the Commodity Credit Corporation-an item killed two days before by the slaughter-bent House...
Commodity price levels began at once to get out of whack. Countries which had wheat to spare-particularly the U. S., which was blessed with a bumper crop in 1914-suddenly discovered themselves in a strong seller's market, with the price per bushel rising from 85? in July to $1.28 in December. Rye went up; so did lard; so did sugar. But no general inflation of prices occurred immediately. It was as if someone had turned on a strange magnetic current which attracted certain commodities, repelled others...
...annual world supply to 25%. Havana blossomed out as a boom city, its real-estate prices spiraling dizzily. All through eastern Cuba woodcutters cleared thousands of acres of forest. Negroes from Haiti and coolies from China planted sugar cane between blackened tree stumps. To move the sugar crop, American banks opened subsidiaries in Havana, with the Chase National Bank and the National City Bank of New York taking the lead...
...crop island, St. Croix was hard hit when the bottom fell out of the raw sugar market and Crucians could no longer buy corn meal and salt fish to keep their fungee pots going. But relief cards, at first ignored as a white man's joke, soon brought an unprecedented prosperity. The Negroes, given canned goods, traded them for rations they liked better, for bright flimsy dresses, dime-store jewelry, tobacco...
Wheat and cotton are cash crops. Not so, corn. Nearly nine out of ten bushels are used to feed hogs and livestock. The lower the price, the more feed for hogs; the more hogs, the lower the price of pork. With corn at 40? there should be many pigs in 1940. If next spring's pig crop reaches 80,000,000 little grunters, pigs and pork prices will nosedive, and Washington will have still another quota on its hands...