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Congress on surpluses and foreign trade in 1950s
A column argues the military surplus is a larger, less discussed subsidy than farm stocks. It notes $2 billion yearly dumped into the market, supporting labor and business, plus foreign aid and public works. Public Law 480 moves farm surpluses abroad without new taxes, aiding exports and diplomacy. The piece urges support for farmers amid price declines and defends nonpartisan foreign policy. It ends with a notice for Alcoholics Anonymous.
MENTIONED IN THIS ARTICLE
State Department
The
Fense Department
U. S
Department of Agriculture
Indonesia