Word: farming
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Dates: during 1950-1959
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...bill up for discussion before a caucus of Senate Republicans one day last week promised to freeze farm props for another year at the surplus-building levels that cost the U.S. $3.25 billion last fiscal year. Already passed by both branches of Congress (TIME, March 31), it was a deliberate slap in the face for Agriculture Secretary Ezra Taft Benson, who wants permission to cut farm subsidies and make a start toward whittling down the scandalous farm-surplus problem. The argument essentially was between principle and politics. It took the Republican caucus exactly 80 minutes to stand foursquare with politics...
South Dakota's Karl Mundt, who has long since jumped the Eisenhower team on farm policy, began by urging a last-ditch plea for the President to sign. Nebraska's Carl Curtis backed him up, and North Dakota's Milton Young remarked tartly that President Eisenhower had certainly not been talking about farm-prop cuts during the 1956 campaign. Quite the contrary, claimed Young, and added portentously: "Explain that to your farmers." Colorado's Gordon Allott suggested that the caucus might take advantage of the recession by casting the farm freeze as one of the antirecession...
...Ohio's John Bricker who provided the clinching argument for politics over principle. On point of principle, Bricker had voted against the farm freeze. On point of principle, he assured his colleagues, he would vote to sustain a veto. But in the interests of helping farm-belt Republicans get elected this fall, he hoped the President would sign-and he favored a petition to that effect. That did it: the Republicans voted by show of hands to urge Ike to sign the bill that he had called a "180° turn in the wrong direction...
...reaching a 1958 low of 404,500 in the third week of March. Another hopeful sign was an upturn in machine-tool orders, considered an important economic indicator. And one major segment of the economy was enjoying a springtime bloom of prosperity: the Agriculture Department announced that farm prices rose 4% from February to March, with livestock, fruit, potatoes and eggs leading the way. It was the third consecutive monthly rise, put farm prices 10% above the year-ago level...
Short-Order Pasture. A farm machine that uses the hydroponic method of growth (in a chemical solution without soil) was put on the market by Buckeye Corp., maker of chicken incubators. Housed in a 120-sq-ft aluminum building, it can match 15 to 25 acres of cattle pasturage by growing 45 tons of fresh grass a year at about $13 a ton. Lit by fluorescent lamps, it works night and day. Price...