Word: wheatly
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Dates: during 1950-1959
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...Hong Kong, Canada's Trade Commissioner Max Forsyth Smith saw an opportunity to unload some of Canada's surplus wheat. Canada has not recognized Mao Tse-tung, and has no wish to offend the U.S. by doing so. But many Canadians blame the U.S.'s "dumping" of surplus wheat for Canada's own mountainous surplus. At week's end, with the approval of the government in Ottawa, Forsyth Smith prepared to go to Peking to see how much hard-pressed Mao Tse-tung would pay for a few million tons...
...read the Speech from the Throne written by the Conservative government and outlining its legislative aims, Prime Minister Diefenbaker's strategy came clear. His government would introduce legislation to raise pensions for the aged, needy and war veterans; it planned to provide cash advances for farmers with unsold wheat, and to embark on a far-reaching program of hydroelectric power development. If Parliament balked at any significant part of his program, confident John Diefenbaker would call an early election. Said cautious Louis St. Laurent: "It does not seem to us in the official Opposition appropriate to move the traditional...
...have risen 16% in six months. India's neighbor. Pakistan, is not much better off. Once the breadbasket of undivided India, Pakistan had virtually no industry. In the struggle to industrialize, Pakistan raised industrial output 285% between 1950 and 1955. But so much land was shifted out of wheat into such crops as cotton and jute for export (to get the foreign currency needed to industrialize) that Pakistan has to import grain for her rising population. Now with cotton prices down, throwing its foreign trade out of balance and forcing a cut in imports, prices in Pakistan have risen...
Frozen Assets. In Los Angeles, after his best loaf of whole-wheat nut bread won only third prize at last year's county fair, Antique Dealer Streeter Blair. 69, froze his second best loaf, presented it this year, won first prize...
...Soviet bloc has sent Nasser oil, wheat, and old military hardware. But the Communists have been unwilling or unable to supply many of the items his Western-oriented economy needs, notably spare parts and lubricating oils. What they have sent has often proved inferior, e.g., low-quality newsprint that tears in Cairo's high-speed Western presses. Cracked a Cairo editor: "Pravda must go to press at 6 o'clock at night." The domestic economy twitches along in austerity and torpor, with tea and sugar scarcely obtainable except at black-market prices, and the regime invoking military...