Word: grains
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Dates: during 1970-1979
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...similar stance. After hearing McGovern on the stump for a week, it is fair to say that this assertion is simply not true. McGovern consistently attacks the Nixon administration for selling out to "special interests" and proceeds to attacks the President for the ITT affair and the Russian grain deal. McGovern says repeatedly that in his administration "the government will be turned over to the people." He told crowds all over the northeast last week that if he were elected he would close $22 billion dollars worth of tax loopholes which now exist. In his rhetoric, McGovern also tries...
Distribution of part of these purchases is expected soon to alleviate scarcities of staple foods, especially bread. The Russians intend to mill the fine-quality American and Canadian wheat for flour. Their own sparse grain crop will be used to provide cattle feed. But present shortages of feed have forced the Soviets to slaughter precious livestock herds that are insufficient even in the best of times. Although this may provide a temporary bonanza of meat this winter, it will also diminish supplies of dairy products...
Around him swirl a vast collection of characters: the eccentric genius in grain futures, the Texas oil man (named Tanker!), blackmailers, thieves, underground Communists, wives, children -and mistresses, mistresses, mistresses. There is no plot, only the fitfully told story of Jules' inevitable catastrophe. Mostly to affront the pretensions of a speculator he despises, Jules bets on the pound shortly before it collapses. Though there is still time to hedge, Bertillon of Bertillon goes down with his pride...
...Beard case, the Republicans overlooked a violation of antitrust law when ITT promised to underwrite the Party convention in San Diego. In a similar manner, Nixon changed his mind and permitted the artificially supported price of milk to rise after sizable campaign contributions from the National Dairy Association. Small grain farmers did not profit from the U.S.-U.S.S.R. trade agreement because big grain dealers, informed of an impending contract by their close Department of Agriculture contacts, simply bought up wheat and waited for the Russian deal to raise prices." The greatest scandal of all, of course, is the Watergate farce...
Recently McGovern has talked about his own proposals less and Nixon's supposed corruption more, a prudent change in light of the polls. But the Watergate incident, the ITT case, and the grain deal (even presuming, as is commonplace nowadays, that these are as sinister as the Democrats charge) are not the stuff of a winning campaign. Nor are McGovern's charges that Nixon is our trickiest President particularly damning...