The Nation: A Deal in Wheat

It was a proud moment in the life of moonfaced Earl C. Corey when he was summoned to Washington in May 1959 to receive the Department of Agriculture's Superior Service Award. Agriculture Secretary Ezra Taft Benson himself pinned a silver medal on Corey's lapel, cited his "significant contributions to agriculture through his fine relationships with producing, warehousing and merchandising groups."

Corey's relationships had indeed been good. While doing his part in trying to cope with grain surpluses as head of the Agriculture Department's Commodity Stabilization Service in Portland, Ore., he was also storing the stuff as a silent partner in a commercial...

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