Word: grains
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Dates: during 1960-1960
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...wanderings carried him to Puebla, where he went into small businesses (grain brokerage, real estate) and became the U.S. consular agent in the chaotic days following the 1910 revolution. His financial talents were frustrated by a shortage of funds until he had a fortunate stroke of bad luck. In 1920 Jenkins was kidnaped by General Manuel Peláez, one of the bandit enemies of then-President Venustiano Carranza, and held for $25,000 ransom. Rather than offend the intervention-prone U.S., Carranza paid off- and through an unlikely stroke of generosity on General Pelÿez' part, Jenkins...
...Korean war, but the Reds say that by 1956 it was already back to prewar levels, and that since then output has doubled and even trebled. They claim that last year the North produced ten times as much steel as South Korea, five times more cement, just as much grain. Unfortunately, South Korea, badly led in the last days of Syngman Rhee and hardly led at all now, is suffering from economic confusion. It has received $2.5 billion in American aid and is urgently asking for more, yet has announced a further devaluation of its debased currency. Many...
Solid for Nixon: The Vice President can bank on the traditional G.O.P. strongholds in New England (Maine, Vermont) and in the Midwest grain belt (Iowa, Kansas, Nebraska, North Dakota). Votes: NIXON...
Against this background, it is apparent that neither candidate's platform could substantially raise the farmer's buying power to the level which urban businessmen enjoy. However, one of them offers a gimmick which could very well reduce the grain stockpiles...
...Republican program, offers to repay the farmer in kind for land which he agrees to take out of production. Under this program, no farmer would receive funds from the Federal government. Instead, for example, a wheat-grower will allow his land to lie fallow, receiving the equivalent amount of grain from the Federal storage bin. He would then sell this wheat at market prices...