"The 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.
Would even that...
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