Word: farmers
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Dates: during 1940-1949
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With the Senate's passage of the aid bill came word of the President's first choice as director of the arms-for-Europe program: 56-year-old James Bruce, ex-Maryland stock farmer and international banker, who recently resigned as U.S. ambassador to Argentina. If he takes the $16,000-a-year job, Bruce will direct the flow and placement of U.S. weapons in Europe as ECAdministrator Paul G. Hoffman now directs Marshall...
...Commodity Credit Corp. will soon be scraping the bottom of its financial barrel. Additional funds must be made available . . . if the Government is to keep its promises . . . to the American farmer under the present price support program." With these politicking words for the folks on the farm, Michigan's Republican Congressman Jesse Wolcott, 28 years in Congress as "a friend of the farmer," last week suggested a bill to raise the CCC's borrowing power to $5.7 billion, an increase of a cool $1 billion...
...farmer by profession," says Bishop O'Hara. He was born 68 years ago in a family of eight children on a farm near Lanesboro, Minn. After a chaplaincy in World War I, he was assigned to Eugene, Ore., where he founded the Na tional Catholic Rural Life Conference to promote Catholicism in rural U.S. Today the conference has 10,000 members and operates on a yearly budget of about $30,000. Explained Bishop O'Hara last week...
About 40% of the presidents had once worked at something besides education. The University of Kansas picked a vice president of the Hawaiian Pineapple Co.; Iowa chose a Chicago lawyer. There were a physician, a dirt farmer, two journalists, a rear admiral and a former state governor...
...then slipped off to $2.69. Last week it bounced back up under brisk bidding to $3.25. Nor was the end of the boom in sight. Onions usually start coming into the market for delivery n November. But if the price is rising, and the crop short, many a farmer will probably hold out his onions and the short sellers scurry to cover their sales. Commented a trader happily: "That's when prices will really begin...