Sunday Gazette-Mail from Charleston, West Virginia on August 17, 1975 · Page 29
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Sunday Gazette-Mail from Charleston, West Virginia · Page 29

Charleston, West Virginia
Issue Date:
Sunday, August 17, 1975
Page 29
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Page 29 article text (OCR)

--_A«H?ust 17,1975 Sunday CeuetteMail HUNGER PAINS World Food Crisis Worsened by Soviets By William L. Ryan The A undated Prets I* TM11°ll l 'U!!^ a " I £ 1*«. after another dreught. the R«s- more precarious than it may seem to the sians are back, contracting for 9.8 million SS.^SL'S JLtrJtt =" = * 5TS= £^= shopping expeditions of the Kremlin lurk the makings of crisis-proportion complications. The USSR's market unpredictability makes it a recurrent major threat to the lion more from other sources, all of which may be only about half what the USSR needs to cope with the new crop shortfall. The Agriculture Department wants to American grain and discounts highly ±s±£^=!±s* ^·EKTSSETM patently unwilling to cooperate with international efforts to cope with global supply problems, it is at the same time creating new problems. Soviet failures, generated by a combination of bad weather and inefficient agriculture methods, send Moscow into the market in quest of huge amounts of wheat and will again drive up prices. But until September, anyway, the department asks exporters to observe a temporary ban on further sales to Russia, pending a report then on crop prospects. There'll be much holding of breath until then. The department's August report disclosed that a spell of dry weather in key r j · m . . · ., , llVJdCU Ulal a 3UCU UL U 1 V WCClLll^l 111 n^y ±!^^^±^ areas reduced 'production estimates fo'r Bugle Head A young bugler appears to almost be all bell and plume as he belts out a number during preliminary competition for the American Legion junior drum and bugle championship in Minneapolis, Minn. The competition is in connection with the Legion's national convention. (AP Wirephoto) question of the world's dependence, year to year, on harvests of a few countries. A disaster year for one major producer could mean calamity for hundreds of millions. SOME AMERICANS involved in the war on world hunger, looking beyond the immediate impact of Soviet market activity on prices and inflation, see ahead frustrating complications in the global food picture that could produce crisis conditions. The 1972 Soviet failure story is too recent to be forgotten. Sudden Russian purchases of 19 million tons of U.S. grains sent prices soaring and had heavy impact on long-term prospects ,for feeding hungry millions in poor countries. this year's corn. Pioneer Economist Liu Dies WEST EUROPE, too, has had some unfavorable weather, and there has been some deterioration in Canadian and Australian prospects. James P. Grant, president of the Overseas Development Council, a private organization concerned with such questions, says the global food situation remains "very precarious" because actually world food stocks are less now than a year ago when stocks were at the lowest level since World War II with respect to consumption. This year's U.S. harvest is expected to be bigger than 1974 but short of the record proportions that had been projected in July. All this means keeping an eagle American eye on crops next spring and summer, Grant says. Should there be a crop disaster then in a major producing country or should U.S. crops be well short of hopes, Americans still would be bad. The current situation suggests burgeoning problems. For example, the United States had committed $1.33 billion for fiscal 1976 for food aid and its shipment. Now that the Russians have come into the market with huge new orders, food prices are likely to rise and thus the tonnage that can be snipped for the money will be down, a blow in a nation where a citizen spends 80 per cent of _ his income on food. Only a lev/ years ago the United States was the world's horn of plenty, its surpluses a cushion against disaster elsewhere, its Public Law 480--originally the Food for Peace program--geared to channel help to hungry millions. In the 20 years up to 1972 the United States had given away something like $25 billion worth of food, apart from other such aid. Now the massive Soviet purchases, the competition of other big nations for available supplies and the ever-growing populations of poor countries are factors signall- ing the end of the days of big American surpluses. in the U.S. Congress, especially as indicated in the new International Development and Food Assistance Act. This has been reported out favorably and unanimously by the House International Relations Committee. "The House committee has done a masterful job of translating into action all the rhetoric about the need for doing more on the world food front," says Grant. CLEAR-OUT! DISCONTINUED MACHINES Huge discounts! Limited quantities-including floor samples and demonstrators. Once these machines are gone, that's rt...act now! STYLIST STRETCH STITCH MACHINE Model 514 ;'. ITHACA, N.Y. - i/Pl -- Private service · will be held here today for economist Ta- lChung Liu, a pioneer in the development ' of models used to make economic predic- ' tions. \ Liu died Thursday at Tompkins County -Hospital after a long illness. He was 60. '. Born in Peking, Liu earned his bache- '.lor's degree from National Chiao-Tung University there in 1936. He earned a mas- I ter's degree in civil engineering at Cornell * University in 1937 and his doctorate in economics from Cornell in 1940. Before joining the Cornell faculty in 1958, he was a Rand Corp. consultant, an economist for the International Fund and professor of economics at the national Tsing-Hua University in Peking. In 1969, he was named chairman of the Cabinet Commission on Tax Reform for the Republic of China on Taiwan. .Liu served a term as chairman of Cornell's Department of Economics and was the school's Goldwin Smith Professor of Economics. FIRST, FOOD prices would soar and refuel the inflation process. Federal Reserve studies suggest that in 1973-74, rising food prices contributed to worldwide inflation about equally with the spiralling prices of petroleum. And because food is so basic there would be ample cause for alarm about the world picture. There are already 400 million people in the world permanently hungry or near starvation. About 800 million, all told, in the "Developing" nations suffer from malnutrition. Once again, this poor world now is highly'vulnerable to possibilities inherent in a bad crop year. THE 1NTERRELIGIOUS Taskforce on U.S. Food Policy, an interdenominational group based in Washington, says it is happy with the bill on several counts: in that it aims to improve and increase food production in developing countries and "mandates changes in our assistance program which could assure a more forthcoming U.S. response to the world hunger crisis." "It is a significant step forward," says Larry Minear of the council. World hunger experts have noted that much has been said on the U.S. official level about American intentions to combat threats of famine around the globe but not much had been done until this bill was reported out. They feel its prospects for passage by the Congress are good and that it will signal to other nations that the United States has consciously chosen the question of world hunger as an area for American leadership. Orig. $239.95 Reduced to SI 99.95 NOW 5179" · Exclusive Smger* front drop-in bobbin · Quick'n easy buttonhbler. Carrying case or cabinet extra » CLOSEOUT! TOUCH SEW" MACHINE Model 758 1383 take 1 of 2 Hunf 1383--gm 00 Orig. Price ·Wide range of interchangeable stitches *"·"' ·2-stepbuilt-inbuttonholer«ExdusiueSinger* push-button drop-in bobbin* All-dial controls. Orig. S389.95, reduced to $329.95, now $289.95. Carrying case or cabinet extra SELECTED CABINETS mm A*VAIIVI «M%SSrrBenningtonModel222Orig.$150 NOW$75 CLOSEOUT! 1/2 OTM Genoa Model 223 Orig. $180 NOWSSO A Trademark of THE SINGER COMPANY SINGER 121 |l»l«a ST., CMItESTM,«. IK.-PktM 34J-H4I WITH 40 YEARS BEHIND US... WE'RE FORGING NTO THE FUTURE WITH OUR FRIENDS IN THE SURFACE MINING HEAVY DUTY CONSTRUCTION INDUSTRIES TOM L HORN SR. FOUNDER CHAIRMAN 'KAKAWHA STEEL EQUIPMENT COMPANY this week celebrates its fortieth anniversary in service to the surface mining and heavy construction industries. Started by the present Chairman, Tom L Horn, Sr., in the depression year 1935, the Company has expanded from a small store room in Charleston to a network of six warehouse facilities in West Virginia and Kentucky. Operations extend into all neighboring states. Primary emphasis of the business is upon sales of specialized expendable parts and services to the surface mining and heavy construction industries. Adequate inventories of parts produced by many leading manufacturers are maintained at all locations. Kanawha Steel Equipment Company expresses upon this occasion deep gratitude to its many fine customers and salutes its own highly qualified and loyal personnel who have made possible the growth of the enterprise. Fork Road Intersection. 1935 1975 . 1 KANAWHA STEEL EQUIPMENT CO. noAkiru rtccircc AKinu/ADCunilCEC. ^ PRESIDENT BRANCH OFFICiS AND WAREHOUSES: BRANCH HIGHWAY 85, EAST MADISOmiE,KY.42431 P.O. 101144 SIEKME 51212M83I BRANCH 100 N, FOURTH AVENUE NBENCmMf.VA.2il$) re. in mini email 337-sm GENERAL OFFICES Route U5.21 At Eden* Fork Road CHWESTOI,W.YA.25332 P.O. !OI 32S3 UU CME 394 343-MD1 BRANCH NORTH 19th STREET MIDDLESBORO.XY. 40965 P.O. In SMEXCOIEtli 241-215* BRANCH Mayo Trail South PIEYHIUY. 41501 P.O. B W 2845 ARE* CODE 686 432-5195

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