Word: fibers
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Eisenhower outlined 14 recommendations--some requiring legislative action and others not--for setting up what he called a new farm, food and fiber program to help farmers to adjust to today's rapidly changing economy...
...when it is hopping mad, the grasshopper sends down a nervous impulse that "inhibits the slow nerve fiber and puts it out of action." All further impulses go on the fast-action fiber. How far the grasshopper leaps depends on the number of impulses it sends its leg muscles: one impulse produces a hop; two a "moderate jump"; three an all-out effort. Somehow the grasshopper gets all this done in one-thirtieth of a second. Marvels Grasshopperman Hoyle: "A superb example of natural economy...
...nonpolitical" C.E.D. sees it, the basic farm-policy difficulty is that too many people in the U.S. are trying to make a living at farming. Farm productivity has soared so fast over the past two decades that despite a steep drop in the number of farmers, food and fiber production has kept outrunning demand. Since demand is not big enough to support all U.S. farmers at free-market prices, the Government has tried to prop up farm income with price supports. But the price-support approach has been a costly, ineffectual flop (TIME...
From Taiwan came Feng-Jang Leu, managing director of the China Artificial Fiber Corp. in Tapei, which manufactures five tons of rayon filament a day, netted some 20% on its $2,000,000 gross last year. He wants a backer with $1,000,000 to build a mill that will 'produce 15 tons a day of fiber, his raw material, thus fill his own needs and those of other Taiwan firms...
Krupp engineers are also in Russia discussing details of a $3,000,000 synthetic-fiber and chemical plant now on Krupp's order books. In Greece the firm is building a $23 million oil refinery near Athens, is interested in setting up a steel plant to tap Greece's rich ore deposits. Kruppmen are at work on yet another steel plant in Pakistan. Other projects, from bridges to whole new industrial areas, are being pushed in Spain, Thailand, Bolivia, South Africa, Indonesia...