Agriculture: Double Your Money

The annual farm-program battle—so vital to farmers, so incomprehensible to everyone else—will be fought this year not on the Hill but on the hustings. President Kennedy made that plain in a remarkably unambitious agricultural message to Congress: in general, he asked for hold-the-line legislation to continue programs already in effect. Under those programs, the taxpayers' 1962 investment in farm surpluses reached $7.7 billion. This was an increase of a mere $95 million over the previous year, a pretty good record in the scandalous history of U.S. farm programs.

Rather than stir up Congress, which in recent years has been increasingly...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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