Word: wheats
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Dates: during 1950-1959
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...bill gave the President the soil bank program (backed by an authorization of $1.2 billion) that he had asked for as a cure for surpluses. But the conference committee had coupled with it an utterly contradictory, surplus-producing, one-year restoration of mandatory supports for five basic commodities (cotton, wheat, corn, rice and peanuts) at 90% of parity...
...Dual parity, an arrangement that would set up two methods of calculating parity prices on wheat, corn, cotton, rice and peanuts and give farmers the higher of the two. (Said Benson: "This would make a joke of parity. Parity . . . would become a statistical stairway to the promised land...
Peanuts in the Parks. Corn Senators, milk Senators, wheat Senators, cotton Senators, hog Senators, rice Senators and peanut Senators had formed a series of log-rolling alliances. They pushed through an increase in corn acreage, a two-price system for wheat, a dual parity plan covering cotton, wheat, corn and peanuts, a two-price plan for rice, mandatory support prices for feed grains and higher supports for dairy products. Then, in a crowning touch of irresponsibility, they voted to "set aside," i.e., ignore, much of the stored surplus commodities. Asked Vermont's exasperated Aiken: "Why not a formula which...
...that without British subsidy Jordan would starve. It was the Biblical land of Sodom, and some say that the curse has never been lifted. Only 5% of its land was cultivated at all. Among the flints and pebbles on the treeless brown hills around Amman grew scattered stands of wheat. Flanked by rich oil lands, Jordan had no oil of its own, got revenue only from tolls on the two pipelines that cross it from Iraq and Saudi Arabia. "A cement factory and a cigarette plant constitute Jordan's heavy industry," an economist observed wryly. Abdullah accordingly took Britain...
Price: $885,000. After an hour's stormy debate, enlivened by some outraged oratory (the price "represents about 650,000 bushels of wheat, or 6,000 grain-fed steers"), Parliament agreed to pick up the tab for Rubens' The Entombment of Christ, Martini's St. Catherine and Chardin's The Governess and Returning from, the Market...