Monday, Aug. 16, 1948

In the Red

The Department of Agriculture computed one item in the cost of keeping the nation's farmers happy. In the past five years, it announced last week, the Government has taken a $170 million loss on 196 million bushels of surplus potatoes (TIME, Aug. 9). Because the 80th Congress extended price support levels of potatoes until the whole 1948 crop was marketed, the Government was now buying potatoes at the rate of $4,000,000 a week.

This file is automatically generated by a robot program, so reader's discretion is required.