ECONOMICS: End of a Crisis

Western Europe's harvest was almost in. In the rolling green hills of northern Bavaria, tanned, pipe-smoking farmers loaded the last of the rutabagas onto their creaking, unpainted wooden carts. Parisian housewives clucked approvingly at stalls piled high with vegetables, meat, butter and cheese (although they gaped in dismay at the high prices). In Rome last week, delegates to a regional conference of the U.N. Food and Agriculture Organization met to assess the food situation in eleven European nations. After six days, they emerged with cheerful news: Europe's food crisis was over.

Said the FAO report: "1948 marked the ending of...

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