Word: grained
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...industrial effort and transformed the largely agrarian Canadian economy into a high-powered industrial unit. After V-J day, he presided over the return to a well-balanced peacetime economy. He runs Canada's atomic-energy program, directs its national scientific research, sells its billion-dollar grain crop. As boss of all foreign trade, he has helped make Canada the fourth largest of the world's trading nations, surpassed only by the U.S., Britain and France. Since the Korean war, he has also been bossing the country's defense production...
...Canadian Board of Grain Commissioners offered him the job of chief engineer. Howe declined: "No, thanks. I've never seen a grain elevator." But when the offer was renewed, Howe took out his Canadian citizenship papers* and left Nova Scotia for the West...
...being replaced by modern concrete terminal elevators when Howe first went to Western Canada. "I knew nothing about elevators," says Howe, "so there was nothing to hamper me." He worked out new ways of speeding up construction and designed cost-cutting improvements. To replace the slow process of unloading grain with hand shovels, he developed the Howe Car Dumper, a machine which can lift a boxcar full of grain off the railway track, tip it over and empty it in eight minutes. It is still in use at most Canadian terminals...
...their scheme. Every year, CCC lends billions of dollars to farmers on their crops. CCC also buys crops, for the support price, holds them in Government-leased warehouses until the market price rises above the support price, then sells them. A handful of warehouse operators had been selling the grain when prices were high, hoped to replace it later with cheaper grain. But like the bank teller who borrows money from the till to play the horses and plans to pay it back when he hits a winner, many a warehouseman never got around to making up the shortage. Explained...
...Management. When the grain crop fell off last year and prices rose, the Government began reclaiming its crops to sell. When it found that some warehouses couldn't honor their receipts, the scandal broke. To Brannan the shortages seemed piddling compared to the $10 billion in crops stored by CCC during the past three years. Said Brannan lightheartedly: "Five million dollars worth [of grain] could almost slip through cracks in the floor." Furthermore, he was pleased that no one in the committee had accused Agriculture of skulduggery. Said he as he left the hearing: "Our case is made. They...