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Just Peanuts. Trained as a lawyer (Washburn College in Topeka), Garvey gave up law practice in three years, was soon building a 100,000-acre wheat 'and cattle empire. In 1947 he became the world's No. i grower with a crop of close to 1,000,000 bushels. As any U.S. taxpayer should know, wheat is one of the basic commodities supported by the federal farm program-and in the last four years Garvey has received $791,488 in support loans for wheat he raised, plus $405,647 in cash from the federal soil bank program...

Author: /time Magazine | Title: AGRICULTURE: Garvey's Gravy | 6/8/1959 | See Source »

Also in Congress last week: ¶ The Senate and House passed separate wheat bills, both opposed by the Eisenhower Administration. The Senate pegged price supports at 65% of parity for farmers who plant full allotments, 75% for a 10% acreage cut, 85% for a 20% cut. It also set $35,000 as the maximum individual payment in any calendar year. The House offered a choice of planting full acreage at 50% of parity, or 75% of acreage at 90%, made $50,000 the maximum payment. Agriculture Department experts estimated that the Senate bill would cost an additional $150 million...

Author: /time Magazine | Title: National Affairs: The Cliffhanger | 6/1/1959 | See Source »

...requested last January: an increase of 1? a gallon in the federal gasoline tax to keep the pay-as-you-go highway program going, increased mortgage-insurance money for the Federal Housing Administration, a new bill to correct the dramatic failure of the support and control program for wheat...

Author: /time Magazine | Title: THE PRESIDENCY: Reflections of a Spirit | 5/25/1959 | See Source »

Relaxed Approach. In contrast to O'Brien, who practices constantly, eats wheat germ, honey, and high-energy foods, and works himself into a competitive swivet before a meet by listening to his own tape-recorded pep talks, Long is casual and easygoing. He does not go all out in workouts, eats whatever is served at the Sigma Phi Epsilon fraternity house, is so relaxed in competition that he often does not bother to watch his competitors perform. A steady B student, he works in a local drugstore one night a week, takes many night classes (he is planning...

Author: /time Magazine | Title: Sport: Long Put | 4/27/1959 | See Source »

Thinking Boy's Filter. This week, plump with ads and solid with facts, the four regional editions of the Farm Journal dropped heavily into country mailboxes across the land. "Hold wool for higher prices," it briskly warned. "Finish selling wheat. Prices are at their peak." As always, the features were gingham-crisp; "New Pay-Offs with Plastic Mulch," "How to Sell Bulls for 30% More," and "Need Bees? Make a Bed for 'Em." The farmer's wife got a new recipe for Danish raspberry pie, and the farmer's daughter learned that if she had light...

Author: /time Magazine | Title: The Press: Farmer's Friend | 4/27/1959 | See Source »

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