Word: demands
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Dates: during 1950-1959
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Agriculture does not obey traditional laws of supply and demand. Drouth can suddenly shut the valve in the supply pipe; military crises and fluctuating foreign markets unsettle the demand. Because framers may be caught in a severe depression while the rest of the economy prospers, Democrats and Republicans alike have regarded farm price supports as essential disaster insurance...
During years when crops are poor or demand runs high--as in 1946 or 1947--prices naturally stay well above "parity" (the calculated fair price for a commodity). A support program needs only to buoy up farm income during unfavorable years when farm prices drop in comparison with the rest of the economy, so that farmers can earn enough to pay for supplies and labor...
...veteran who can pass the qualifying examination is placed ahead of qualified applicants, no matter how high their scores, who do not have wartime military records. Disabled veterans automatically rate the top of the list. Although many state jobs require little skill, certain others, such as highway engineer, demand considerable aptitude and training. In these instances, Massachusetts may be forced to bypass more qualified men in hiring the highest ranking veterans. Today, when nearly all applicants are veterans, the law makes little difference; in ten years, such a preference system may mean a real loss in administrative efficiency...
...DRINKERS, who have increased their consumption between 10% to 20% since the first of the year because of the high price of coffee, will pay for it probably with a 25?-a-lb. price increase within the next few months. The increased demand has caused importers to raise prices to packers and blenders 18¶ to 24? a lb. on popular grades, and the jump will be passed on to consumers as soon as retail stores start replenishing their stocks...
...program has the approval of the American Management Association," said Kenneth E. Iverson 4G, who will teach a course in Data Processing, "and the great demand for men in this field assures their obtaining excellent jobs right after graduation...