Word: grained
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Argentina, a land of spreading pampas, beef and grain, whose 20 million people are more than 90% European-descended, has been ruled by a puppet President and a military dictatorship for 3½ months. The treasury is about bankrupt, the peso has fallen from 83 to a dollar to as low as 137, the cost of living has risen 42.7% since April, and one of the most powerful of the Peronista unions last week threatened to take over the factories themselves unless they were paid long-overdue wages. Economics Minister Alvaro Alsogaray is flying...
...wool. Now, with Britain dickering for membership in the Common Market and the whole system of Commonwealth tariff preferences threatened with extinction, Australia is looking around anxiously for other agricultural customers. And its eye has lit on Red China, whose own monumental crop failures have forced it to buy grain abroad. During the past two years, with the purchase of $180 million worth of Australian wheat, barley, oats and flour, Red China has become Australia's fourth biggest export market (after Great Britain, Japan...
...ready for harvesting, and is eager to sell more to Peking. The Hong Kong business community is full of reports that the Australians will offer more liberal credit terms to the Chinese Reds in the hope of undercutting the Canadians, who last year sold $120 million worth of grain to Peking...
...poor corn yields ("The crop was pilfered, stolen, and yet you say weather prevented growing a good harvest?"). But by the time of the next harvest, Podgorny could report better news. With a smile, he told Khrushchev at the October congress that the Ukraine had doubled its sale of grain to the state, and had "honorably passed its examination." So had Podgorny. In April he was named to the government Presidium...
They swept the big cities, particularly Montreal and traditionally Conservative Toronto, but the prairies held fast for Diefenbaker, the small-town prairie lawyer, whose $425 million grain deal with Red China has helped the farmers prosper. Mike Pearson, the Nobel prize-winning diplomat, had proved to be an attractive Liberal candidate, but an insufficiently forceful one. The laborite New Democrats grabbed another 19 seats...