Another wheat harvest is gathering momentum, adding inexorably to the $3.5 billion worth of government-owned farm surpluses already piled up in granaries and storage warehouses.
Last week Congress ignored President Eisenhower's search for a way to cure crop surpluses. Instead, without a record vote, House members whooped through a bill permitting sale abroad of $1 billion in farm surpluses, plus famine relief gifts of $300 million more. So hot was the fervor to unload that Congressmen struck from the bill a provision for "reasonable precautions" against any smashing of normal trade patterns by U.S. dumping abroad.
Acting to stem a further...
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