Word: kern
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Dates: during 1950-1959
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Howrey's place as a Commission member will be taken by Norwegian-born Sigurd Anderson, 51, who stepped out after two terms as South Dakota governor last January. Next month there will be another new face on the FTC: Democrat William C. Kern, 52-year-old Indianapolis lawyer and son of the late Senator John W. Kern, Democratic vice-presidential candidate in 1908). Kern, now assistant director of FTC's Bureau of Litigation, will succeed 69-year-old Commissioner James Mead, former New York Senator, whose six-year term is expiring...
...livestock, and then sell it to the boys at cost. Then he and his students began experimenting with feed, found that the blemished cull potatoes discarded by farmers could provide, when dried, 90% of a fat steer's diet. So a whole new industry grew up in Kern County. Instead of paying $65 a ton for corn and $42 for barley, local farmers now had a good substitute for only...
...scrap oil pipes, they turned out portable cattle shelters. The boys have made everything from children's glider swings to an 18-ft. "tillpack" to break up clods of earth before planting. For seven years straight, they have won 90% of the mechanics' prize money at the Kern County Fair...
Once farmers pooled their money to buy a tractor or a combine, shared it from farm to farm. Now every farmer wants his own. Any new development catches on with prairiefire speed. In California's Kern County, for example, cotton now accounts for 40% of the county's $224 million annual income from agriculture, largely because of mechanical cotton pickers. Says one equipment dealer: "In 1946, we sold six cotton pickers For the next eight years we never sold less than 100 machines, and in 1951 our sales-went over 200." Today, there are about 1,500 cotton...
...Kern, said a colleague last week, "it's been a long, uphill pull. He kept his equilibrium, which is no small feat in the Hearst empire." As general manager of the newspapers, Kern will have a chance to communicate his sense of equilibrium where it is needed most-on the Hearst company's balance sheet. Last week Hearst directors voted to pay no quarterly dividend, though they noted "a distinct improvement in earnings over last year," when nine-month losses ran to more than $1,000,000 (TIME...