Word: market
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Dates: during 1950-1959
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...cope with the farm scandal has revived talk among Democrats about the once-buried Brannan plan, devised in 1949 by Harry Truman's Agriculture Secretary Charles Brannan (now general counsel of the left-wing Farmers Union). Under that scheme, the farmer would sell his crops on the free market, and the Federal Government would send him periodic checks to make up the difference between market prices and support prices. Georgia's Senator Herman Talmadge is sponsoring a Brannan-type measure to cover the six "basics" (wheat, corn, cotton, rice, peanuts, tobacco), and Minnesota's Humphrey is working...
...Smouha's definition of his Alexandria holdings as farm land-and listed it for expropriation at his own low tax valuation of $2,800,000. Egypt's $87 million for expropriated lands is already earmarked for other British claimants; furthermore, Smouha's solicitors were pressing a market-value claim of $30 million. Britain faced the prospect of having to pay for Nasser's single biggest expropriation of British landholdings out of its own resources. "Hoodwinked in a deal that had all the elements of the Middle East bazaar business," gasped London's News Chronicle...
...Italy's financial capital of Milan last week, a lethargic stock market suddenly rallied. Conservative Italian newspapers congratulated the nation's politicians on their good sense. Ostensible cause for the rejoicing: the appointment of 68-year-old Antonio Segni as Italy's new Premier. A more fundamental cause: the fact that after months of talk about an inevitable drift toward socialism, Italian politics had taken a sharp right turn...
...growth rings of Arizona trees reveal that they grew faster during sunspot peaks, and such things as Canadian rabbits, Atlantic salmon and meningitis cases in the United States have all been found to go through cycles roughly equal in length to the sunspot cycle. Even in the stock market has been connected with sunspots. High and lows for both occurred in 1928, 1933, 1937, 1946, and 1958, but to say the least, it would be hard to prove any connection between them...
Even dogs are playing the stock market these days, and only natural-born bums can lick the Government. This seems to be the deceptively modest moral of two works of humor that have infiltrated the solemn ranks of a monumentally dull publishing season...