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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Jan 04, 1972
Page
3
Boone Iowa AP report shows farmers facing low prices and rising costs despite record 1971 corn output. Net farm income may not top 15.7 billion, while prices and inflation squeeze independent farmers who rely on second jobs. Nixon administration pledges relief as Butz faces confirmation.
Farmers report age net income from product sales of 1059 dollars while off farm jobs average about 8000 dollars. Interviewees express worry and skepticism about economic shifts. E B Gee Sr states some do well, others don’t, the old generation fears hard times. Stanley Ewald notes dairy farmers are busy though they lack time to spend money. Donald Crane cites loss of faith in the federal government as farmers feel like victims of an economic shuffle for the consumer dollar.
First Lady Pat Nixon led the U S delegation at William Tolbert's inauguration in Monrovia Liberia praising a fabulous welcome. The event marked Liberia's 150th anniversary with celebrations, a parade, and a ball while Evangelist Billy Graham urged a spiritual future.
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