Word: governmental
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Dates: during 1940-1949
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When he grew more wheat or collected more eggs than the public would buy at his price, the Government's Commodity Credit Corp. bailed him out. That was all right during the war, when CCC, with $4,750,000,000 to draw on, could sell whatever it bought. Even...
By such buying, the U.S. Government had become the nation's No. 1 warehouse, currently stuck with more corn, wheat and cotton than that held by aU the private firms in the nation. Among the items laid up in Government storehouses, grain elevators and cold-storage caves:
"It seems to me," he said in London, after a week of studying the Labor Government's plan at first hand, "that this program is working remarkably well and that it is a good thing for Britain. I can see now that most of the critics of our proposal...
The Fair Deal: It would add $20 billion to the U.S. budget. "The Government would tell everyone when to work, what to do and when to sleep . . . It would lead to totalitarianism and a labor-socialist Government . . ."
Pensions: To pay $100 a month to everybody over 65 would cost $12 billion a year, and raise the question "whether our economy can stand that tremendous burden without deterring industry as well as the worker." He wanted a basic Government study of pension plans.