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Four-State Experiment. Benson's 1956 soil bank plan was supposed to cut farm production, but after an expenditure of $61 million, out popped the new heads: while letting a farmer bank part of his land, it left him free to boost output on the unbanked acres, and surpluses set new records. Last week Benson announced a new plan that might at least keep the struggle even: get entire farms out of crop production. Beginning right away, he said, the Agriculture Department will let farmers in four scattered test states-Illinois, Maine, Nebraska, Tennessee-submit land-rental bids. When...

Author: /time Magazine | Title: AGRICULTURE: How to Fight a Hydra | 12/23/1957 | See Source »

...case started in 1955, when the United Gas Pipeline Co. of Shreveport, La. asked the Federal Power Commission for permission to boost the rates for the 600-plus cities and industries it serves. Since FPC raised no objections during the usual six months' waiting period, United raised its rates. But then the city of Memphis, one of the cities that was hit by the raise, appealed to the federal court. The court held that United's increase was invalid because the company failed to get the consent of its customers. The court ordered United to return the millions...

Author: /time Magazine | Title: OIL & GAS: The Customer Comes First | 12/23/1957 | See Source »

...McVey showed the potential that made him such a standout last season. The Black Knights simply could not steal the puck from him. The same was true with the more calculated playmaking of Higgenbottom, who added an important boost to the sextet's third line...

Author: By Bruce M. Reeves, | Title: Sextet Scores 2-1 Clarkson Win | 12/18/1957 | See Source »

...gathering hue and cry proclaims that the academic professionals have been subsidizing undergraduates for half a century. Although this theory has received its latest boost from Devereux Josephs' Committee on Education beyond High School, its inventor and leading local proponent is Seymour Harris, who should know better...

Author: NO WRITER ATTRIBUTED | Title: Dollars for Culture | 12/17/1957 | See Source »

...railroaders cite impressive statistics. The Southern Pacific says it spends 57? for every 48? of revenue from its 14,200 San Francisco commuters. The Illinois Central has netted a profit on its $42 million Chicago commuter facilities only twice since 1947. The I.C. says it needs a 55% fare boost just to get a 2.1% return. Its estimated $955,000 loss on the service this year will still be the lowest of any Chicago commuter line; Rock Island alone will drop $1,500,000. In Philadelphia, the Pennsylvania rings up a yearly $4,000,000 commuter deficit, which a requested...

Author: /time Magazine | Title: THE COMMUTER PROBLEM,: Higher Fares Alone Are Not the Answer | 12/16/1957 | See Source »

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