Word: drought
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Dates: during 1930-1939
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...City judged that President Cardenas and his associates have only just realized what economists have known for months: that his agrarian decrees of the past year have had many disastrous results. Total production of such Mexican staple crops as wheat, corn and cocoa has shrunk sharply partly due to drought, partly to inefficient working of lands divided and parceled out among the peons...
Next plea came from cattlemen forced because of 1936 drought to sell their beef at any price. The July slaughter was 25% over the previous year and many a rancher faced ruin. But the chains, with the aid of numerous packers, put on sales pressure. Chain-store beef sales jumped 34% in August over August 1935; the price of choice steers rose from $8.58 in June to $10 in September; cattlemen received more August income than the previous five-year average; the Government had to buy only 5,000 head to hold up the market instead...
...refute the popular impression that farmers were better off than industry in 1937, Secretary of Agriculture Henry A. Wallace offered a set of statistics: "The 1937 production of 53 crops was 13% greater than the 1929 production and 40% greater than the 1936 production, which was considerably curtailed by drought. The effect of this increase in the face of declining business activity and urban purchasing power has been a sharp drop in farm prices. Since December 1936 they have shrunk from 126% of the pre-War level to 104% of the pre-War level. The present level of farm prices...
...even more important cycle of 46 years. Matching the cycles with actual weather records has provided, he declares, partial confirmation. Testifying last week on the Smithsonian's budget needs before a House appropriations subcommittee, he gave it as his opinion that the U. S. is emerging from a drought period which began about...
...believe, on the very verge of recovery from the drought of the last 46-year period," said Dr. Abbot. "We have no expectation of another one of such great consequence until 1975, although . . . there will be a minor one during the decade...