Word: grains
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...Carter. He made the judgment early that he must keep his distance from the unpopular and defeated Carter. In a newspaper interview last month, Mondale made clear that he had differed with Carter on such controversial decisions as building the MX, selling arms to the Saudis and imposing the grain embargo on the Soviets. His candor caused Mondale to be accused of disloyalty. A few days later, at a Georgia rally where six candidates appeared-to Mondale's relief, Carter was traveling in the Middle East-Mondale was the only speaker who failed to mention Carter's name...
...them is good for us in the long run." Manufacturers are now looking for ways to convert billions of dollars' worth of PIK contracts into cash that can be used to buy tractors, seed and other supplies. Last week International Harvester announced a plan to help farmers find grain merchants willing to advance them cash now in exchange for the PIK grain due to be delivered next fall. Farmers, of course, could make such deals on their own, but Harvester hopes that some of those it helps will use the cash to buy its equipment...
...Atlanta-based company called AGRI-PIK Services, Inc., intends to reap profits from the PIK program by bringing together participating farmers and their suppliers. Though farmers will not receive the Government grain until harvest time, they do have certificates showing how much grain they will get then. AGRI-PIK has devised a system whereby a farmer can use the certificate to obtain credit from a number of suppliers...
...roster. Those dealers then check the value of the certificate with AGRI-PIK, register the purchase that the farmer is making, and deliver the goods to the farmer. The dealers are, in effect, extending free credit to the farmer, assured that they will be paid when the PIK grain is sold next fall. AGRI-PIK charges manufacturers an enrollment fee of $1,000 to participate in this plan; dealers pay $100. For each transaction, AGRI-PIK will collect a l½% commission from both the farmer and the dealer. Says President Ronald Posluns: "We can move the farmer...
...scientifically selected sample, but people whom I happen to have gotten to know." The Oxford historian's wish is nothing short of becoming the cartographer of French passions; he writes that "if only as much were known about human passion as is known about the production of grain or sale of soup...world maps could be drawn showing the regional distribution of attitudes and temperments..." Impressionistic or not, it's a tall order...