Word: demands
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Dates: during 1970-1979
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...plus U.S. sugar farmers whom President Carter's advisers (and, apparently, TIME) are willing to assign to bankruptcy, produce 55% of this country's annual demand for sugar. They provide important protection for U.S. consumers against the instability of supply and wild price gyrations that characterize the world sugar market...
...ideas of how the Government should help the sugar industry meet foreign competition. The Administration favors direct subsidies; this would keep down prices to housewives and big consumers (including Coca-Cola, which is headed by Carter's old friend J. Paul Austin). But subsidizing low-priced sugar reduces demand for corn fructose. Congress favors sugar import duties and quotas, which would raise prices and help producers of both sugar and corn sweeteners...
...sufferance of country bankers from 1974 through 1977, when any businessman could see that the cost of raising steers and cows was higher than the price for selling them. Cattlemen cut their herds from 132 million in 1975 to 115 million now, and the iron law of supply and demand levied a heavy fine on the supermarket shopper. When average prices of beef cuts jumped from $1.63 per lb. in March to $2.09 per lb. in June-far faster than the cost of living-Jimmy Carter's advisers urged him to open the import gates...
...already produced two smash hits in his only previous tries, Bonnie and Clyde (1967) and Shampoo (1975), Beatty must now be regarded as a major film maker as well as a star. "He is really a perfect producer," says Arthur Penn, who directed Bonnie and Clyde. "He makes everyone demand the best of themselves. Warren stays with a picture through editing, mixing and scoring; he plain works harder than anyone else I have ever seen...
Beach: Charter bus will be available if demand is sufficient. Sign up in advance at Dean's Office...