AGRICULTURE: Butter Fingers

After years of debate, Congress last week repealed the 64-year-old federal tax on oleomargarine, effective July 1. But oleo will still not be easily mistaken for butter; oleo sold at retail must be conspicuously identified on the wrapping, while yellow margarine served in restaurants must be either triangular in shape or clearly identified. Quipped one Congressman: "Maybe we should require Florida orange growers to sell all their artificially colored oranges in a square shape." In addition, 16 states will continue to prohibit the manufacture and sale of yellow margarine, and six states will still levy special taxes on it.


Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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