University of Virginia Library

'Milk Money'

The sequence of events that led
to the flow of "milk money" to
Nixon campaign coffers was
described in the September 27 Wall
Street Journal. On March 11, 1971
Secretary of Agriculture Hardin,
with the approval of the President's
Council of Economic Advisors and
the Office of Budget and
Management, declined to raise
government price supports for
"manufacturing" milk, used to
make butter and cheese. Dairy
farmers had requested such an
increase because it would enable
them to get higher prices for their
products.