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Facts Forum News, Vol. 5, No. 4, April 1956
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Facts Forum. Facts Forum News, Vol. 5, No. 4, April 1956 - File 008. 1956-04. University of Houston Libraries. University of Houston Digital Library. Web. November 11, 2019. https://digital.lib.uh.edu/collection/1352973/item/1119/show/1057.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Facts Forum. (1956-04). Facts Forum News, Vol. 5, No. 4, April 1956 - File 008. Facts Forum News, 1955-1956. University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/1352973/item/1119/show/1057

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Facts Forum, Facts Forum News, Vol. 5, No. 4, April 1956 - File 008, 1956-04, Facts Forum News, 1955-1956, University of Houston Libraries, accessed November 11, 2019, https://digital.lib.uh.edu/collection/1352973/item/1119/show/1057.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Title Facts Forum News, Vol. 5, No. 4, April 1956
Series Title Facts Forum News
Creator
  • Facts Forum
Publisher Facts Forum
Date April 1956
Language eng
Subject
  • Anti-communist movements
  • Conservatism
  • Politics and government
  • Hunt, H. L.
Place
  • Dallas, Texas
Genre
  • journals (periodicals)
Type
  • Text
Identifier AP2.F146 v. 5 1956; OCLC: 1352973
Collection
  • University of Houston Libraries
  • Facts Forum News
Rights No Copyright - United States: This item is in the public domain in the United States and may be used freely in the United States. The item may not be in the public domain under the copyright laws of other countries.
Item Description
Title File 008
Transcript DOW N TO EARTH ON continued Nine-Point Farm Plan The foregoing "adjustments," according to Eisenhower, could be brought about by a Soil Bank Program. This would consist of two parts — the Acreage-Reserve Program, and the Conservation-Reserve Program. The Acreage-Reserve Program has as its purpose a deferred-production plan. If the term appears ambiguous, it means simply that the farmer would reduce voluntarily his acreage planted to surplus crops; namely, wheat, cotton, corn and rice. The farmer, being rewarded for his participation in the program, would be allocated certificates for commodities, the value of these certificates being in line with the average expected yields from his acreage withheld from tillage. These certificates would be negotiable, and could be converted into cash — all payable at normal crop harvesting time. There would be the stipulation that the farmer not graze or harvest any crop from the "fallow" acreage in reserve. Additionally, his acreage allotment for marketing quota purposes would not be affected. The plan is to finance this Acreage-Reserve Program with commodities owned presently by the government. Their argument is that time, shrinkage, storage and various costs are nibbling away at the values of these commodity stockpiles. Thus, the net cost in the final scheme of things would be less than if the government kept and added to the stockpiles. For, if no more surpluses are added, the stockpiles could be utilized and done away with. Virtues of the plan, according to Eisenhower, are as follows: it will help remove the crushing burden uf surpluses, the essential precondition for the successful operation ot a sound farm program. It will reduce the massive and unproductive storage costs on governmenl holdings — costs that are running about a million dollars a day. It will provide an element of insurance, since fanners are assured income from the reserve acres even in a year ot crop failure. It will ease apprehension among our friends abroad over our surplus-disposal program. It will harmonize agricultural production with peacetime markets. The Conservation-Reserve Program, being the second part of the Soil Bank Plan, has as its purpose the restoration to pasture and forest some of the acreage now devoted to surplus crops. This would, because of previous wastage of soil and water resources, restore to pasture some of the kind now being tilled, which would, in certain areas, eliminate or substantially decrease dust storms. The Conservation-Reserve Program, according to Eisenhower, would bring the following awards: It will result in improved use of soil and water resources for the benefit of this and future generations. It will increase our supply of much-needed farm-grown forest products. It will help hold rain and snow where they fall and make possible more ponds and reservoirs on the farm. It will reduce the undue stimulus to livestock production and consequent low livestock prices, induced by feed-grain production on diverted acres. It will similarly provide protection for producers of the many small-acreage crops whose markets are threatened by even a few diverted acres. In combination with the acreage-reserve program for crops in surplus, the conservation-reserve program will help during the next several years to reduce the total volume of farm production and improve the balance among different farm commodities, both of which are important to a general improvement in farm prices. THE "Antinued 'on in the l>e amount •inversely, dually ini) kn assist i We have °n in the s f leaving it This par p. Our fa, ' whether Jd been fa 'S farmers "r Commit h legally Edition on >f been cot ferendums, reage by a !per cent. However, 5 to bolste 'eve justifi Pnitted to "idreds mot »'ness; tlie sccompan Also, and equally attractive to both rural and urban Pndant dai people alike, is the fact that the plan, according to Mr- fgerous, w< Eisenhower, would not cost the taxpayer additional 'tli jj |owere money, for it would be paid for by the use of the surpln5 entire eco products now on hand. The big flaw in the plan is tha' many farmers would doubtless want their pay in cash (Continued en Page 81 Secretary of Agriculture Ezra Benson examines "transient real estate" on a farm fifteen miles east of Denver, Colorado. The Conservation-Reserve Program, as the second part of Eisenhower's Soil Bank Plan, would be of great help to farmers in this drought- battered area. WIDE WORLD PHOTO Page 6 Facts Forum News, Api
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