Word: farming
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Dates: during 1950-1959
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...bills, cosmetics, TV repairs, outweighing light " declines in clothing and household appliances. Up above all went the cost of food-bacon by an average 6/ a pound, round steak by 4? and frying chickens by 2?, eggs by 6? a dozen-to climb above its peak (before the farm recession) in August...
Automatically, the new inflation will bring wage increases of one to 6? an hour for 1,300,000 workers in automobile, electrical, farm-equipment and trucking industries whose contracts are geared to wage-cost escalator clauses-thereby automatically creating more inflation...
...Althea Gibson was only one year old in 1928 when her parents decided that Manhattan's swarming West 143rd Street offered more opportunity than their cotton-poor farm in Silver, S.C. (in New York, her father went to work in a garage). The Gibsons' block between Lenox and Seventh Avenues was a play street, and in summer the white lines for paddle tennis and shuffleboard slid out over the baking asphalt to hold in the aimless kids. An instructor-supervisor sent up by the Police Athletic League divided his time as the situation demanded -part coach and part...
...HUGE FARM AREA will be created along Colorado River in southwestern Arizona, where Real Estateman Stanley W. Barton made deal with Interior Department to transform 67,000 parched acres of Indian reservation into desert garden. In history's biggest lease of Indian lands for agricultural development, Barton will spend about $28 million to complete an irrigating system, also develop industrial and residential sites. Reservation's 1,400 Indians will get jobs, and much improved land will revert to them in 20 to 25 years...
...self-employed farmers retire at 65 if they paid Social Security taxes for only two years. Thus, for $252 a farmer could buy a pension of $108.50 a month for life (if single) or $162.50 a month (if married). Thousands of agile farmers came out of retirement to farm for two years in order to become eligible for benefits, then retired again. The result: some 375,000 farmers signed up for benefits, instead of the 150,000 expected-an actuarial error of 150%. In addition, under a recent revision of the law, working women or wives of pensioners can start...