Word: breadbaskets
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...Bulgaria, Czechoslovakia and Hungary. So far, however, U.S. wheat dealers have managed to sell only half that amount-1,700,000 tons to Russia for some $135 million, and 300,000 tons to the satellites. Eventually, the satellites may buy more wheat, but the Russians claim that their own breadbasket, stocked with some 12 million tons of Western wheat, is full...
...Nation. German Chancellor Ludwig Erhard, who counts on the farm vote to help him in the next elections, probably was happy to put on a show of resistance before agreeing to lower farm prices. France, whose aim is to become Europe's breadbasket, feels that it has made only short-term concessions to its partners and no commitments at all to allow such outsiders as the U.S. to be big suppliers of food to the Market. The U.S. may not like the terms that the Market will present in the forthcoming general negotiations, where the President...
Penalties of Failure. There was still a possibility that the negotiations could collapse and that De Gaulle would bring down the whole Common Market. But failure this time would mean that France would lose the chance to become the Market's breadbasket, that Germany would lose the opportunity to expand its industrial exports, and that the U.S.'s postwar policy goal of establishing a united, free-trading Europe would be crushed. The best grounds for optimism is that failure would cost everyone-including France-so dearly...
...broad prairie wheat fields of Canada are fast becoming a breadbasket for the Communist world. Last month, scooping into its gigantic surplus, Canada closed its second big grain sale to Red China-this time for more than $360 million. Last week the Russians came to call and quietly negotiated the biggest single one-year wheat export deal in Canadian history...
Measured on the Richter scale, which counts any jolt over 7 as "major,"* the five biggest of Chile's shudders ranged between 7.25 and 8.5, striking along a fault line (see chart) that cuts through Chile's southern wheat-growing breadbasket and close to coal-mining, fishing and light-industrial towns...