Word: eastern
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Dates: during 1950-1959
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From the plains of eastern Washington to western Nebraska's prairie, wheat farmers last week voted overwhelmingly (83.3% in early returns) for continuing federal quotas-and high price supports-on the nation's No. 3 grain crop. Prime incentive in the voting: a $1.78-per-bu. federal guarantee for wheat grown under the quota system (v. $1.19 if controls were dropped). Spat Farmer D. O. Yost of Emporia, Kans.: "It's just like offering a kid the choice of 50? or 75? allowance a week, and asking him which he'd rather have...
...that everyone-especially the Communist leaders of Eastern Europe-had become disturbed and confused about Mao Tse-tung's "secret" speeches (TIME, May 27, June 24), Red China decided to publish one of them to get the European comrades off the hook. "The author," noted the New China News Agency gravely, "has gone over the text and made certain additions." Among the additions, as a sop to Moscow, was the phrase, "We do not think other countries must follow the Chinese way." And among the tactful deletions was Mao's admission that the Reds had liquidated...
Many a thriving business was born of smart shopping for surplus goods after World War II. But nothing beat the big buy that created Texas Eastern Transmission Corp., whose backers (including Houston Contractors George and Herman Brown) raised $143 million in 1947 to buy the Government's war-built 2,819-mile Big Inch and Little Big Inch pipelines. Out of an original investment on their part of only $150,000 in stock, they parlayed the Texas-to-East Coast oil lines into one of the U.S.'s big four natural-gas carriers, a giant worth $581 million...
Last week Texas Eastern was off again on another big deal. It won Federal Power Commission approval to spend $35 million on converting 1,168 miles (from Baytown, Texas to Moundsville, W. Va.) of the Little Big Inch line to petroleum products, including construction of a $13 million, 230-mile additional 14-in. spur from Seymour, Ind. to Chicago. To continue its present gas deliveries to the East, Texas Eastern will spend another $61 million on loops and compressors primarily along 453 miles of its 30-in. line from Beaumont, Texas to Uniontown...
...Liberals, 168-strong in Parliament v. the 50 seats of their Progressive Conservative challengers, went to elections with smug confidence. Just before the vote last week they canceled an advertising campaign, to save needless expense. But with the first returns, an astonishing trend set in. From half a dozen eastern constituencies that were long firmly Liberal came the flash: "Tories Leading." The Tory surge grew as it moved west. Quickly the last seat of the overwhelming Liberal majority fell, and the Liberals' 22-year rule over Canada came to an end. When final returns were in, the Conservative Party...