Word: harvestable
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Dates: during 1950-1959
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...beginning on agrarian reform for the 800,000 country dwellers including landless guajiros (peasants) who live in dirt-floor, thatch-palm huts, subsist on the $3 daily they earn during the three-month sugar harvest...
Meantime, at Franco's insistence, agriculture has been neglected for industry. Last year's harvest of grain and oranges was only 11% above prewar output, while Spain's population is now 20% bigger than before the war. The cost of living has jumped 40% in the past two years without any compensating increase in wages. And the European Common Market is expected to spell further trouble for Spain's foreign trade, already...
Biggest trouble of all was in the hastily created people's communes, which showed signs of developing into self-contained economic empires. Some communes, "regardless of the state plan," refused to surrender any of their harvest for distribution in the cities. Complained Finance Vice Minister Wu Po: "There are even communes that make no distinction between their own property and that of the state. They freely use state materials stored in warehouses, eat state grain as they like, and take things from stockpiles without bothering to render receipts...
...Airy, Pa. Parke brought down his hammer on some of the most grandiose sales in art history. Maintaining an air of disinterested opulence, he could up bids hundreds of dollars with a shrewdly timed word, thousands with a sentence. In 1928 he sold Gainsborough's The Harvest Wagon to Lord Duveen for $360,000, also peddled such miscellaneous treasures as the manuscript of the Gettysburg Address and a lock of George Washington's hair...
...race of hardy men who for centuries wrested a precarious living from the offshore fishing banks, Newfoundlanders are turning away from the sea to more rewarding work ashore. Now the island's pulp and paper mills, its mines, its green harvest of federal social welfare payments, and the payrolls of four U.S. air and naval bases all contribute more to the economy than the island's once all-important fisheries. Before confederation, Newfoundlanders earned an average of $150 each per year; they have boosted this to $775, but their standard of living still lags far behind that...