Word: brannans
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
FARM-SUBSIDY CEILING is getting strong support in President Eisenhower's Cabinet. Treasury Secretary Humphrey is privately urging Agriculture Secretary Benson to adopt the idea (once part of the controversial Brannan Plan), possibly put a $25,000 limit on the price support any one farmer can collect...
...fated Brannan plan, a proposal of the last Democratic Secretary, had many faults, but it recognized that the government must finance agriculture's readjustment to modern economic conditions. Distasteful as a continuation of high price supports may be, they are the cornerstone of any long-range solution to agricultural readjustment...
...Democrats made what hay they could out of discontent on the farm. Democratic National Chairman Paul Butler last week proposed 90% parity for basic crops on family-size farms, plus the extension of supports to hogs, eggs, poultry, beef cattle, whole milk and butterfat. Democrats generally favor the Brannan Plan, under which the farmers would sell their goods in the marketplace for what they could get, and the Government would make up the difference to a predetermined "fair return." Senate Majority Leader Lyndon Johnson, still recovering from a heart attack, announced that new farm price-supports would be a first...
...dropped 10% in the past year.* As a result, the Department of Agriculture seemed to have a choice of three courses: 1) apply more and tougher controls on acreage; 2) adopt an entirely different kind of farm program, e.g., a subsidy for the agricultural end product (the old Brannan Plan), or 3) try to improve the market for U.S. farm products overseas...
...when aging Ed O'Neal retired, the strongest farm lobby in the U.S. replaced O'Neal with Allan Blair Kline, a prosperous Iowa hog farmer (who had managed well enough during the Depression to build a swimming pool on his farm). Kline damned controls, helped kill the Brannan Farm Plan and then helped Secretary of Agriculture Ezra Taft Benson push a flexible price-support law through Congress this year. Last week at the Farm Bureau's annual convention at New York, President Kline announced he was resigning because of ill health. In this change of leadership, however...