Word: farms
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Dates: during 1930-1939
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...like hawks hovering over a sidehill cornfield, were some 30 Senators intent on: 1) restoring the prevailing-wage principle to Relief, 2) softening the rule furloughing all WPA workers who have been on the rolls more than 18 months, 3) reviving the Federal Theatre project under WPA, 4) authorizing Farm Mortgage Corp. to refinance mortgages when normal farm income yields insufficient margin for debt service...
...first $3,000 of earnings cutting off about $65,000,000 in taxes; 3) to liberalize old-age benefits by commencing payments in 1940 instead of 1942, and to allow benefits to persons becoming 65 in 1939; 4) to add 1,300,000 seamen, bank clerks and farm association members to the rolls; 5) to obligate the Government to match States dollar for dollar up to $20 per month for old-age pensions; 6) sharply to limit the size of the old-age reserve account to three times the maximum yearly benefit payments expected in the next five years...
Soon after Henry Wallace tackled the farm problem in 1933 with AAA, the God of Drought came to his aid. Drought as well as subsidy and legal restriction reduced wheat surpluses, corn surpluses, even cotton surpluses. But three years ago Drought began to withdraw its assistance. This year Drought turned its attention (selectively) to the Northeastern States: May was bone dry and July was desert (until rains came last week) and both did plenty of damage to truck and fruit crops. But eastern Drought did not reduce the crops that are Mr. Wallace's big problems...
Irony of the Secretary's trouble is that most of it comes of his having struggled so long with the farm problem. Former farm editor, mathematician, agriobiologist, he spent 15 years before becoming Secretary of Agriculture in developing hybrid seed corn (through Pioneer Hi-Bred Seed Co., originally the Wallace family's), which increases yields 10 to 20%. In corn-growing Iowa, 79% of this year's acreage was planted with yield-increasing seed. Lately Henry Wallace on his daily walk to his office in Washington has taken to stopping in Washington Monument grounds to practice with...
...Large-flock commercial breeders account for only a fraction of the total output. Largest egg factory is California's Runnymede Farm. Its top capacity: 325,000 laying hens...