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First Claude Wickard, the farmers' friend, blasted more-than-parity prices in a speech in Atlanta, sent farm prices skidding. Two days later, the President issued a formal statement about the price bill he had just signed. Said he: "I am requesting the departments of the Government possessing commodities to make such commodities available to other departments in order to aid our war effort. This request, primarily, will affect the cotton stocks of the Commodity Credit Corp. and will permit such stocks to be utilized, directly or by exchange, in the production of war goods. . . . The request will also...

Author: /time Magazine | Title: PRICES: Farmers Outfoxed | 2/9/1942 | See Source »

...method by which he repealed them was exquisitely simple. Claude Wickard, red-faced and squirming but holding his ground, explained it before the enraged Senate Agriculture Committee: no law, he said, stopped him from unloading Government stocks, at Government prices, privately, for the war needs of other Government departments. He could have his surplus wheat made into bread to feed the Army & Navy, his cotton into sheets and shirts to sleep and clothe them, his corn into alcohol for their shells. When the Senators were still skeptical (the price bill prohibits "sale or disposition" of Government-held stocks except...

Author: /time Magazine | Title: PRICES: Farmers Outfoxed | 2/9/1942 | See Source »

...three alternative "floors'' were set up: 1) 110% of parity; 2) Oct. 1 or Dec. 15 market prices, whichever are higher; 3) the 1919-29 average price. Furthermore, Leon Henderson's ceiling, when set, is made subject to the veto of Secretary of Agriculture Claude R. Wickard. Further than that, the bill exempts from any price control any commodities now or in the future under marketing agreements-potatoes, tomatoes, oranges, lemons, grapefruit, walnuts, peas, cauliflower, onions, hops, plums, peaches, pears, grapes, fresh and evaporated milk...

Author: /time Magazine | Title: Price Non-Control | 2/2/1942 | See Source »

...still blessed with abundance, and the land has not yet been put to its utmost test. There is still a margin, for shipments of food to the U.S.'s allies, for replacement of oils which once came from the Far East. Agriculture Secretary Claude R. Wickard, who had announced the greatest farm program in history only last September, has revised his goals and announced others still bigger. This year the land will be asked for more & more of its wealth. And the land will respond...

Author: /time Magazine | Title: FOOD: Year of Abundance | 1/26/1942 | See Source »

...more incredible to those who recalled that the farmers had been notoriously excluded from the 1940 boom. Then came Lend-Lease, and with it Secretary Wickard's appeal for huge quantities of dairy, poultry and pork products. Although the wheat, cotton and corn surpluses remained oppressive, the demands for food crops had begun a price rise, which the Congressional hayseeds, smelling Utopia, quickly climbed aboard. It took a Roosevelt veto to stop them from freezing the surpluses; but nothing could stop them from raising the floor under farm prices, nor from demolishing Leon Henderson's gingerly attempts...

Author: /time Magazine | Title: Business: Boom, Shortages, Taxes, War | 1/5/1942 | See Source »

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