Word: ibs
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...turned out since to be middle-of-the-road Republican. An authority on labor law, he has written carefully worded texts on the subject, including a 1,593-page, $40 two-volume treatise on workmen's compensation, which he weighed in on the bathroom scales at $3.30 a Ib...
...political courage, announced a change likely to displease most of the dairy industry. As of April 1, he will cut the support price of dairy products to 75% of parity, which is as low as the law allows. This will slice the wholesale butter support price by 8? a Ib. (from the present 66?), and will probably cut retail prices almost as much. Benson hopes this ..will greatly increase consumption. Next decision Benson must make: adoption of a plan to move the $360 million worth of dairy products already stacked up in the Government's warehouses...
COFFEE prices may soar to $1.50 a Ib. within the next year. Brazilian coffeemen say that with inventories exhausted the losses from last June's frost are just beginning to be felt. They expect high prices for at least three years. Meanwhile, consumption keeps climbing; a supermarket survey shows coffee sales up 15% in the New York area, mostly because of scare-buying...
...insisted that the soaring prices were wholly due to frost and drought, and they resented U.S. charges that they were gouging their U.S. customers. After President Eisenhower, himself a coffee lover, told a press conference that something should be done to reduce the price of the stuff ($1.10 a Ib. in U.S. groceries last week), Rio's newspaper Diario Carioca complained testily that "our brave and dignified friend [is] making a little demagoguery and sticking his spoon into the coffee case...
...tides of supply and demand. The fact is that Latin-American coffee drinkers are in much the same fix as their North American neighbors. In the past two months, the price of high-grade coffee in Rio groceries has leaped from 81? to $1.07 a Ib.; some Brazilians have gritted their teeth and turned to a hitherto unmentionable beverage called tea. In coffee-exporting Costa Rica. President José Figueres declared roundly: "Our country's No. 1 problem today is our coffee shortage." The local retail price had just climbed to 90? a Ib., and Figueres had tried...