Word: scandal
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Dates: during 1950-1959
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...years had the French had so intriguing and labyrinthine a scandal as L'Affaire Lacaze (TIME, Feb. 2). At stake was whether handsome and politically influential Jean Lacaze, administrator of the vast Zellidja lead and zinc mines in Morocco, his entrancing sister, Domenica, and her great and good friend, Dr. Maurice Lacour, were involved in an unsuccessful plot to murder Domenica's adopted...
Whether the U.S. can much longer afford the huge surpluses being piled up by this efficiency is doubted by most farm experts. Even if the support scandal continues, there is something for U.S. taxpayers to be cheerful about. Rising efficiency keeps down the cost of food. The mountainous grain surplus currently is causing a build-up in cattle-breeding-pointing to an eventual price break...
Failure & Scandal. The result of all this is that farm productivity is soaring at a rate that once nobody believed possible. From 1938 through 1957, overall farm labor productivity rose at an annual average rate of 4.7% (v. 2.2% for the rest of the economy). Even more significant, productivity is increasing at an accelerating rate. Last year, it jumped 8%, as much as the increase for the decade 1920-30. This technological fact, ignored by the politicians, is what has made the farm-support program such a failure and scandal. Last year, with farmers paid $620 million to put land...
Brannan Revisited. The failure of Congress and the Administration to cope with the farm scandal has revived talk among Democrats about the once-buried Brannan plan, devised in 1949 by Harry Truman's Agriculture Secretary Charles Brannan (now general counsel of the left-wing Farmers Union). Under that scheme, the farmer would sell his crops on the free market, and the Federal Government would send him periodic checks to make up the difference between market prices and support prices. Georgia's Senator Herman Talmadge is sponsoring a Brannan-type measure to cover the six "basics" (wheat, corn, cotton...
...blunt fact that came out of last week's hearings was that the farm subsidy scandal has long since ceased to be a problem to be settled by so-called farm experts. It is a $7 billion drain on the national treasury in a day when the Administration is scratching for money to buy missiles. Whether the Agriculture Secretary's name is Brannan or Benson -or Moses-the farm subsidy problem has become an ever-growing national problem with a direct effect on the national welfare...