Word: farms
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Dates: during 1970-1979
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...somewhat surprised that you made no mention at all of Israel's experiment in social democracy, which has certainly played a major role in successfully reshaping Jewish society in its country. The kibbutz, Israel's collective farm, is perhaps the most original and certainly the most successful working model of a socialist idea...
...President's desk urging a variety of actions to curb the Government's own role in promoting inflation. The politicians, however, persuaded Carter to do nothing, at least until he returns on April 3 from Africa and South America. Meanwhile, the Senate last week passed a farm subsidy bill that the Council on Wage and Price Stability (COWPS) condemned as "one of the most inflationary actions of the Federal Government in recent years." The council estimates that the law could further push up retail food prices anywhere from 2% to 5% next year...
...farm bill is only one, though the most egregious example of spending bills that threaten to swell the federal deficit next fiscal year beyond the already frightening $60 billion that Carter had budgeted. Connecticut Democrat Robert Giaimo, head of the House Budget Committee, figures that it could rise as high as $70 billion. Consequently, the memorandum presented to Carter urges him to pledge publicly that he will hold the deficit to $60 billion and at least implicitly threaten to veto big-spending bills. Says one high economic adviser: "If we go above $60 billion, the stock market will be affected...
...damage apparently had already been done, although who, if anyone, is to blame remains unclear. On Aug. 28, Gainesway Farm, syndicators of such champions as Canonero II and Cannonade, imported a $6.6 million French stallion named Lyphard, son of Northern Dancer. Just before the deadline, Spendthrift Farm, stud managers of Nashua and Majestic Prince, flew in the stallion Caro from France. Both horses arrived with French certificates of health and passed the standard USDA tests. Moreover, both Caro and Lyphard were cleared by a specific test for CEM conducted in midwinter by the anxious USDA, which feared that some horses...
Even so, when CEM showed up in Kentucky in early March-the first outbreak of the disease ever in the U.S.-it was quickly found in Caro and Lyphard. A frantic search also detected CEM in three other stallions at Gainesway and 21 mares on various other farms. The state banned any movement of horses from one Kentucky farm to another and stopped all shipments of horses out of state. Gainesway Farm's John Gaines and Spendthrift Owner Brownell Combs II shut down breeding operations altogether. Since he has 33 stallions, valued at $57 million, Combs was losing hundreds...