From the October 2001 Idaho Observer:
Strange sign of corporate times
Foster and Gallagher bankruptcy filed in Delaware court
Foster and Gallagher, Inc., (F&G) has filed for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. F&G is the parent corporation of numerous bulb/seed and nursery icons such as the Flower of the Month Company, Gurney Seed & Nursery Corp., and the New Holland Bulb Company. The bankruptcy claim involves F&G and its 18 subsidiaries collectively.
The announcement comes at a time when corporate food supply and distribution giants such as Arthur Daniels Midland and Monsanto are maneuvering the federal government to help them control public access to crop seed and expand its monopolistic intentions regarding food production and distribution. The U.S. Department of Agriculture has currently completed negotiations that have secured patent rights to terminator gene technology developed by Monsanto.
Monsanto, with regulatory help from the U.S. Food & Drug Administration, also developed bovine growth hormone which has been linked to immune suppression and cancer in people and cattle.
The F&G bankruptcy should be taken as a strange sign of corporate times and is a strong indication that plans to place international food production and distribution into the hands of a few powerful corporate interests are going forward.
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