Next to waging the cold war and preventing a hot one, the most gruesome task confronting the U.S. Government is coping with the farm-glut scandal. Swollen by the costs of buying and storing farm surpluses—largely created by obsolete federal price supports—Agriculture Department spending will mount this fiscal year to $6.9 billion, more than twice the combined outlays of the State, Justice, Interior, Commerce and Labor Departments.
The surplus wheat, corn, cotton, cheese, etc., in federal storage adds up to such fantastic bulk that it costs nearly $1 billion a year just to store the stuff while it slowly deteriorates. And...
To continue reading:
or
Log-In
