Word: hogging
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Dates: during 1950-1959
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...undulating dairylands from Wisconsin eastward, the world's healthiest cows placidly ruminated the rich grass which magically replenished their udders faster than the nation could consume the flow of milk and cream. It was corn-cultivating and hog-fattening time in the black-soiled heartland fed by the Mississippi and her tributaries. In Iowa, the corn already stretched six inches toward the Midwestern sky, was building toward another big crop...
...modest percentage of the value those crops brought in the nostalgic golden days of 1909-14. But it was not long before the law covered almost everything that springs from the earth and a goodly share of the products that are raised above it (e.g., eggs, butter, cheese, hogs, etc.). Such operators as tung-nut raisers, linseed growers and peanut producers got their products into the parity money, although nobody knew why in Ceres' name they were basic to the U.S. economy. The big engine spewed subsidies in crazy profusion. Worst of all, programs intended to lessen the farmer...
...wiry, high-domed man gnawed a massive cigar, paced briskly back & forth, and spewed memoranda in a loud Midwestern twang. Occasionally, hypnotized by his own train of thought, he ducked briefly into an open anteroom behind his desk, to stalk an idea among the stuffed heads of a water hog and an antelope, the skins of a lion and a jaguar, the sawed-off feet of an elephant and a rhino. Working in relay, three stenographers dashed into the huge office to scribble notes, dashed out again to rush the words down through the hierarchy of the 20th Century...
Instead, the market turned as contrary as a razorback hog. Without any Government supports whatever, and in spite of the huge supply, pork prices started to climb, and kept right on climbing. By last week Chicago hogs were at $20.25, a fat $4.05 above the old support level...
Confronted by such theory-defying behavior on the part of a free market, Brannan's experts dug out plenty of explanations: with its $220 billion national income, the U.S. was eating a lot higher off the hog. (This year's pork consumption is approaching 82 Ibs. per person, compared to 70 Ibs. last year, a lean 48 Ibs. in 1935.) Moreover, even at present prices, pork was still a bargain compared to beef and lamb, and many housewives were buying more of it instead. But the lesson that seemed to have been lost on Charlie Brannan was that...