Word: wheat
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Dates: during 1930-1939
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...inevitable seasonal progression last week the North American wheat harvest rolled into the red-gold acres of Montana, South Dakota and Minnesota. Northward away from the declining sun the harvest will sweep until the snow flies around the threshing machines in Canada's Peace River district on the Arctic's frontier. Through vast areas of Canada's Prairie Provinces the harvest's conglomerate followers will pass swiftly, for those flat lands have been seared by drought, wasted by rust until the Dominion has resigned itself to the lightest wheat crop in modern years...
Before he died he had given his son Joseph $1,000,000 as a Harvard graduation present (1891), seen him almost corner the U. S. wheat market and lose $9,750,000 (1898), become a famed horse racer and sportsman. He had seen his daughter Mary wed a Britisher who became Lord Curzon, and Viceroy of India. He had seen his daughter Marguerite marry another English title, become the Countess of Suffolk & Berkshire, and his daughter Nancy pick as her second husband Lieutenant Colonel Colin Powys Campbell of the British Army...
With a billion-dollar wheat crop in prospect in the U. S., the Department of Agriculture predicted last week that total farm income this year would top $10,000,000,000 for the first time since 1929. Industrially the picture was still more pleasing. Second-quarter earnings reports would be closely scanned for signs of shrinking profit margins but actual profits were expected to compare favorably with a year ago. Operations in the steel industry were above a year ago although strikes cut the rate from above 90% capacity in May to around 75% currently. The price of steel scrap...
While war talk is a stockmarket depressive it is always a shot in the arm for the grain market. As the bumper U. S. wheat harvest rolled north last week, the red cereal soared to a high of $1.26½ per bu. on the Chicago Board of Trade, registered a net gain of 10? for the week. Even more important than war talk was the disastrous failure of the wheat crop in Canada, where drought & rust in the past few weeks have cut 150,000,000 bu. off early estimates of the Dominion's harvest...
Definitely in jail were White Russia's Commissars (local cabinet ministers) for Agriculture and Education-the former accused of "such treasonable acts as ordering wheat planted in apple orchards"-along with that most distinguished Bolshevik, Comrade Moisel Kalmanovich. He until two months ago was Commissar for State Grain and Livestock Farms for the entire Soviet Union, has now been jailed on charges that he ordered Soviet scientists to castrate breeding bulls and inoculate cattle with cholera germs. Finally White Russia's recently executed Red Army commander, General Ieronim Petrovich Uborevich, was described last week as having been "little...