U.S. FARM SURPLUSES
“Another Five Years”
(Rec. 11 p.m.) WASHINGTON, Aug. 6.
President Eisenhower sent a report to Congress yesterday predicting that the United States would be saddled with farm surpluses for at least another five years.
The report said this was the outlook even though 985 million dollars’ worth of surplus farm products were disposed cf overseas in the first six months of this year. These surpluses were shipped abroad under Public Law 480. which authorises the Government to sell the surpluses for foreign currency, barte. them for foreign products, or give them away as relief packages. This law expired on June 30, but Congress is expected to extend it.
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Press, Volume XCVII, Issue 28658, 7 August 1958, Page 11
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111U.S. FARM SURPLUSES Press, Volume XCVII, Issue 28658, 7 August 1958, Page 11
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