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There was one new condition: farmers would have to accept marketing quotas on their crops if they wanted full support. There were other new features: price support for "certain non-basic" commodities -wool, tung nuts, honey, Irish potatoes and dairy products, including whole milk -were made permanent at levels up to 90%. Furthermore, the Secretary was "authorized" to support any other commodity he wanted. Even perishable fruit & vegetables will get some of his bounty-the bill set aside approximately $100 million a year from custom revenues so that truck farmers could get in on the grab. ^ Farmers had long expressed...

Author: /time Magazine | Title: National Affairs: To Keep 'em Down on the Farm | 10/31/1949 | See Source »

...cannot read or write. As newsmen worked over Nehru in a klieg-lit, stifling hot little room, Eisenhower nervously chewed his mortarboard, muttered: "This is a terrible way to treat a friend." By the time the press was through with Columbia's newest doctor-who wore a black wool achkan under his academic gown-Nehru was as wilted as the red rose in his buttonhole...

Author: /time Magazine | Title: POLICIES & PRINCIPLES: The Education of a Pandit | 10/31/1949 | See Source »

...finally we are told that this $20,000,000 loan is just hard-headed business--we loan them money to build up their mines and some war-damaged industries, and in return we get large supplies of Yugoslav-mined strategic materials. You can't pull the wool love the American businessman's eyes...

Author: By John R. W. smail, | Title: CABBAGES & KINGS | 10/19/1949 | See Source »

...hats were as fantastic as they were expensive, and sold like hot cakes. Often they really were hot cakes: Chatillon found that steaming Mexican tortillas, molded to the head and well-shellacked, made salable chapeaux. He made other hats from zacate, the maguey fiber Mexicans use instead of steel wool, and the cheap woven straw strips used to cinch saddles under horses' bellies. Among his clients: Magda Lupescu and Dolores...

Author: /time Magazine | Title: MEXICO: Showtime for Henri | 10/17/1949 | See Source »

...British cars, slashed the price of the Austin automobile from $1,595 to $1,275, trimmed all other makes 20%. Rolls-Royce dealers trimmed that $20,000 job to $15,000. Dunhill's also jumped aboard, cut British pipes and cigarette cases 20%. The prices of British wool, rubber, cocoa and other commodities from sterling areas slumped on New York exchanges...

Author: /time Magazine | Title: FOREIGN EXCHANGE: Windfall | 9/26/1949 | See Source »

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