Of all the harvesters of the U.S.'s scandalous farm subsidy program, none have harvested more profitably than a bulky (6 ft., 190 Ibs.), hearty Kansan named Ray Hugh Garvey. Wichita's Garvey, 66, is a businessman of wide and wealth-producing interests: he controls a 500-well oil company (with a 27½% depletion allowance on federal corporate income taxes), a loo-house-a-year building firm (most with FHA-insured mortgages), a fuel-distribution company selling to farmers (who often use gas unstintingly because of a 2½-per-gallon rebate on federal taxes). But it is from his more direct agricultural...
To continue reading:
or
Log-In
