Word: lows
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Dates: during 1950-1959
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When President Eisenhower and Agriculture Secretary Ezra Taft Benson asked for authorization to peg farm subsidies as low as 60% of parity, the Democratic Congress rammed through a 75% parity freeze-which Ike brusquely vetoed. Then 1958's farm prosperity (TIME, May 12) began splitting the congressional farm bloc: the House refused even to consider a wild, catchall Democratic farm bill, and the Senate passed a strong bill which would 1) significantly lower price supports, and 2) loosen acreage controls for corn, cotton, rice and grains. Benson pronounced himself satisfied with the Senate bill-and fought to keep...
Shaping up for the new TV season, frog-voiced Arthur Godfrey, with familiar humility, let three oldtime helpers out of the pond. No longer little Godfreys: easygoing Singer Janette Davis, since 1956 producer of Arthur's low-rated Talent Scouts show; her husband, Frank Musiello, associate producer of the same program; Robert Bleyer, director of both Talent Scouts and Godfrey's morning two-hour TV sales pitch...
...emotions, because to such a large extent in his work, feeling takes the place of a specific talent. He is no actor, singer or dancer. He is a gifted comedian, but not in the Lindy stand-up-and-knock-'em-dead sense. His comedy is low pressure and has to be, if it is to be tolerated on a nightly 1¾-hr. show. "Nine hours a week," says one awed performer of Paar's stint. "My God, that isn't overexposure, it's practically nudism." But Paar seems to have found the formula for beating...
...keep his members in line-until the 1959 models are getting ready to roll off the assembly lines, a time when a strike will hurt more than it would have in June. Stocks of unsold '58s have been whittled from 900,000 to a four-year July low of 672,000, which is only a two-month supply at current selling rates. (While automakers reduced January-July production from 3,913,043 last year to 2,574,566 this year, six-month sales have gone down at a much slower rate, from about 3,000,000 last year...
...McKeen said: "Pfizer never engaged in a conspiracy, never misused its patents, never fixed prices, and wields no monopolistic powers." Although recognizing that the newer wonder drugs do command high prices, the manufacturers long since have cut the price of the older standbys, such as penicillin and streptomycin, so low that they are added in large amounts to animal feed. Said Bristol-Myers' President Frederick N. Schwartz: "Our average profit on all antibiotics sold in 1957 was less than 1? per dose...