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Under "total acreage allotment," a farmer receiving supports for major crops (wheat, cotton, corn, peanuts, tobacco) had to restrict his total planted acreage to a Government quota and could not plant his excess land to anything but hay and pasturage. Now he can plant it to anything he pleases, except the major crops, potatoes and a small list of commercial vegetables. Benson expected that most of the decontrolled acreage would be planted to feed grains and forage crops, which farmers badly need, especially in areas hit by drought and heat...

Author: /time Magazine | Title: AGRICULTURE: Toward Less Control | 9/27/1954 | See Source »

LATEST STEEL merger may be blocked by the U.S. Justice Department. Worried that the combine of second-place Bethlehem Steel Corp. (after U.S. Steel) and sixth-place Youngstown Sheet & Tube Co. might restrict competition, Antitrust Chief Stanley Barnes is holding up approval, may carry his problem to President Eisenhower...

Author: /time Magazine | Title: Time Clock, Sep. 13, 1954 | 9/13/1954 | See Source »

East Coast coffee traders are just as adamant that speculation on the New York exchange had little to do with coffee's rise. Speculation, say the traders, was no greater than normal. They also dispute FTC's contention that exchange rules that restrict trading to Santos coffee only-about 10% of U.S. annual consumption-result in a narrow, rapidly fluctuating market. The fact is, according to coffeemen, that about 40% of all U.S. coffee is traded on the exchange. The price rise, they insist, was simply due to heavy demand coupled with the fear of a low, frost...

Author: /time Magazine | Title: COFFEE PRICES: Can the Jumping Bean Be Tamed? | 8/30/1954 | See Source »

...Oklahoma would restrict the suffrage to those who had something more in their heads than can be gotten from "country" music and singing commercials, no candidate would ask for votes on the ground that he was "the best damn cowboy singer in the world." Democracy should not be degraded to a device for the amusement of morons...

Author: /time Magazine | Title: Letters, Aug. 9, 1954 | 8/9/1954 | See Source »

...record of [Oppenheimer's] actions reveals a frequent and deliberate disregard of those security regulations which restrict a man's associations. He was engaged in a highly delicate area of security; within this area he occupied a most sensitive position. The requirement that a man in this position should relinquish the right to the complete freedom of association that would be his in other circumstances is altogether a reasonable and necessary requirement ... It was particularly essential in the case of Dr. Oppenheimer. It will not do to plead that Dr. Oppenheimer revealed no secrets to the Communists...

Author: /time Magazine | Title: National Affairs: What the AEC Said | 7/12/1954 | See Source »

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