Time Clock, Dec. 26, 1955

COTTON-CROP SUPPORTS will drop below 90% of parity next year (probably to 80%) for the first time in 13 years. With an 8,000,000-bale store already in Government hands and a bumper 14,663,000-bale crop moving into the glutted market, farmers voted 13-to-1 for 1956 crop quotas to make the best of a poor bargain.

G.M.'S AEROTRAIN will be delivered to the New York Central and Pennsylvania railroads early next month. Both railroads will make exhibition runs of the low-slung, lightweight, 100-m.p.h. Aerotrains for three weeks, then return them to G.M. for tune-ups. On May 1...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!