Word: di
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Dates: during 1950-1959
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...period. WSB also ruled that the productivity increase could not be used by automakers as a wedge for higher auto prices. In Detroit, however, some automakers, e.g., Ford, Packard, were still totting up new cost figures to bolster their case for a price boost before Price Boss Michael V. Di Salle...
...usual, most of the fire was directed at Price Boss Michael V. Di Salle, whose 18% rollbacks of livestock prices start going into effect next week. On short notice, Di Salle was hauled before the House Agriculture Committee to defend his order. Who, asked Cattle Congressman W. R. Poage of Waco, Texas, will bear the brunt of the rollbacks? Won't it be the ranchers? And what immediate relief, asked another representative, can consumers expect? For hours Mike Di Salle took it on the chin, supplied generalities rather than facts & figures. Finally, he stepped wearily down with the comment...
...reporter asked for figures showing just how the various segments of the meat industry would be hurt by Di Salle's rollbacks. Admitted Loren C. Bamert, president of the American National Cattlemen's Association: "I raise cattle, and I don't think these regulations will hurt me. Maybe some of the other gentlemen can tell you how they will be hurt." They couldn't. With beef at 152% of parity, asked one newsman, how could the meatmen complain about the rollback ordered by Di Salle? President Allan Kline of the American Farm Bureau Federation answered...
Trouble in the West. While the fight raged in Washington, more troubles were piling up for Mike Di Salle in the West. Feeders, who bring the cattle from the range and fatten them for slaughter, were threatening to stop feeding entirely. Furthermore, the severest drought in 30 years had forced Texas ranchers to hurry their cattle out of the state for pasturing much earlier than usual. With good pasture land filled up, many an animal will have to be slaughtered before it is properly fattened...
...said, and by Oct. 1 beef should be down about 10? a Ib. In New York and other cities, beef prices are the highest they have ever been, and there is also a shortage of beef, although the U.S. cattle population is 2% to 3% higher than last year. Di Salle's men said that even after they had rolled back livestock prices 18%, farmers would still be getting 120% to 125% of parity...