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Even by Texas standards. Billie Sol Estes stood out as a spectacular example of a man who got very rich very quick. At 37, he owned or was a partner in some three dozen businesses, including grain-storage facilities, a fertilizer firm, cotton plantations, a newspaper and even a funeral parlor. Estimates of his fortune ran as high as $150 million...

Author: /time Magazine | Title: Texas: The Taut Miles from Pecos | 5/11/1962 | See Source »

...rival dealers out of business and quickly making himself one of the biggest anhydrous ammonia distributors in the U.S. His losses ran into millions-but the reckoning with Commercial Solvents was still in the future. Estes used the proceeds from his money-losing fertilizer sales to buy or build grain-storage facilities. He expected to reap hefty profits from U.S. Government fees for storing crops deposited by farmers under federal price-support programs...

Author: /time Magazine | Title: Texas: The Taut Miles from Pecos | 5/11/1962 | See Source »

...past decade, Western Canada's wheat farmers have produced such vast surpluses that the federal government has urged them to plant trees instead. Last week, thanks mainly to his $425.6 million sales of grain to Red China, Agriculture Minister Alvin Hamilton happily reversed field, called on Canadian farmers to put every acre into grain. This they could do, said he, "with complete confidence that there will be hungry markets, good prices, and more space available for grain in country elevators than at any time in the past ten years...

Author: /time Magazine | Title: The Hemisphere: Feast to Famine | 5/11/1962 | See Source »

...lamely, the more so since Tory strategists had every reason to prefer June to September. The Tories recently boosted old-age pensions by $10 a month, and this gift was likely to be fresher in mind. Western farmers, grateful to the Tories for selling of $228 million in surplus grain to Red China, are in a better mood now than they are apt to be after the summer's expected drought. And by fall, if Britain joins the European Common Market, Canada may lose its low Commonwealth tariffs on its $900 mil lion exports to Britain, bringing trouble...

Author: /time Magazine | Title: Canada: Date in June | 4/27/1962 | See Source »

State Fair (20th Century-Fox) sure is a lucky little old title. In 1932 it was a bestselling novel by Phil Stong, in 1933 a hit movie with Will Rogers, Lew Ayres and Janet Gaynor, in 1945 a second hit movie with Dana Andrews, Jeanne Grain and Dick Haymes. And now State Fair has been turned into a (side bets accepted by Producer Charles Brackett and Director Jose Ferrer) third hit movie-with Pat Boone, Bobby Darin. Tom Ewell, Alice Faye, Pamela Tiffin, Ann-Margret, Wally Cox and an 800-lb. Hampshire hog named George...

Author: /time Magazine | Title: Cinema: Country Corn | 4/27/1962 | See Source »

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