Word: lande
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Dates: during 1970-1979
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...Iowa has been monitoring ownership of its 33 million acres of farm land for three years and has discovered that there are all of 27 nonresident alien owners, most of them West Germans; together, they have less than 9,000 acres...
Georgia Democrat Herman Talmadge, chairman of the Senate Agriculture Committee, has asked the Agriculture Department and the state extension services to make a study of alien buying of U.S. farm land. Last fall Congress passed a law that will force all foreigners to register their land ownership. At least 25 states have enacted constraints of some kind on foreign land holdings...
...xenophobic overreaction that has been sparked by alarmist reports in the press and on TV and by flag-waving, vote-hungry politicians. The foreign buyers, says Marcus Collins, a state representative in Georgia "come in here and pay $1,500, $1,800 or even $2,000 an acre for land that, even with inflation, should not cost more than $800." Iowa Congressman Tom Harkin warns that the oil-producing nations, which sold the U.S. $45 billion worth of petroleum last year, "could buy the whole state of Iowa, every acre of farm producing land, with just 394 days...
...plain prejudice. When asked to back up his claim that "thousands and thousands of acres are being bought up," California State Assemblyman John Thurman cited one "foreign" farm in California; in fact, it is owned by an American of Iranian descent. Under questioning, Tom Harkin admitted that foreign land buying "has not yet affected Iowa...
...affected much of the rest of the U.S. Last June the GAO surveyed 25 counties in five states (California, Georgia, Kansas, Missouri and Oklahoma) and discovered that foreigners own no more than three-tenths of 1% of the farm land. The Department of Agriculture figures that, of 1 billion acres of privately owned farm land, only 3 million to 5 million acres are in foreign hands...