AGRICULTURE: Soil Bank: A Winning Bet

The American farmer, as canny a speculator as ever cashed a three-horse parlay, hemmed and hawed about the new soil-bank program served up by Congress in late May, consulted his form charts and then made his decision: a heavy bet on the soil bank to win. Last week, the deadline for the 1956 signup past, the Agriculture Department reported that nearly 500,000 farmers had agreed to take 10,720,749 acres out of production, would thereby reap a cash harvest of $225 million in Government payments come fall. The 1956 bank balance more than satisfied Agriculture Secretary Ezra Taft Benson,...

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