AGRICULTURE: Thorn of Plenty

The Administration last week called in an expert food salesman to help move a mountain. The expert: lean-jawed Clarence Francis, 65, who will retire next month as board chairman of General Foods Corp. (Maxwell House coffee, Birds Eye frozen foods, Swans Down cake mixes, etc.). The mountain: the Government's vast and growing stocks of surplus agricultural products, which now total $2.7 billion. Francis took over a White House desk as presidential adviser on surpluses and chairman of a new interdepartmental committee on disposal plans.

Getting rid of farm surpluses, even in the form of gifts, is a tough job, despite...

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

Learn more about the benefits of being a TIME subscriber

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