Oh, the military spent $184,000 at a Trump Organization property in Scotland? Jimmy Carter served as the 39th president of the United States, from 1977 to 1981, which was a time of serious problems at home and abroad. But that representation of what Carter did doesn't really capture the complexity or scale of his private business interest. "I could have sold it some time ago to foreigners," Kirbo told The Post. Today, the 94-year-old has published more than 30, from a children's book to reflections on his presidency. 1995 - 2023 by Snopes Media Group Inc. By then, President Carter was a millionaire, worth about $5 million in 2019 dollars. The Jimmy Carter Preservation District includes a number of other buildings in Plains that are associated with the peanut farmer turned president. It's a surprisingly common bit of presidential trivia these days . Articles from Britannica Encyclopedias for elementary and high school students. The trust was worth about $784,000, about $3.7 million now. In November 1980, Carter lost his reelection bid in the face of a stagnant economy and international tensions. Its a longer story than that, involving two fairly large businesses (particularly for the time), a cozy relationship with the guy put in charge of his business, and, at one point, the appointment of a special counsel to dig into loans one of his businesses received from a bank whose president ended up serving in Carters administration. 2. Shortly afterward, Billy Carter announced that he planned to buy out his brothers share of the warehouse business. It's a surprisingly common bit of presidential trivia these days, given how neatly it serves as a countervailing example to President Donald Trump's apparent disinterest in dissociating his expansive business from the workings of government. The post was shared more than 600 times in four days. We can start with the scale of that "peanut farm." His peanut business, which sold certified seed peanuts and other farm supplies, was $1 million in the red by the time he finished his term, The Washington Post reports. The news came a few days ago that Jimmy Carter, 98, has left hospital care to spend his remaining days in hospice at his modest home in Plains, Ga.. If you feel you have received this message in error, please contact the customer support team at 1-833-248-7801. Today, the peanut is circled by small maintained bushes. Carter was also subject to new ethics rules that hed signed into law as the Ethics in Government Act of 1978. In regards to a meme's claim that Carter was still building houses at the age of 92, that is, for the most part, true. For his companies to be held in a true blind trust, he would have had to have maintained a strict wall between himself and Kirbo. But Kirbo still served as an adviser to Carter, with a June 1980 story in The Times noting that Kirbo was both a frequent guest at the White House and had advised the president on staffing decisions. "According to the plan announced today," The New York Times reported, "Mr. Carter will sell all his personal stock, divert the royalties from his autobiography, 'Why Not the Best?' Many believed that the close race tipped in Carters favour after Ford stumbled in a televised debate by saying that eastern Europe was not dominated by the Soviet Union. I could have sold it some time ago to foreigners, Kirbo told The Post. Billy Carter would end up being a perpetual thorn in President Jimmy Carter's side, a tendency which began even before Carter took the oath of office. The Hill. But I was meeting Carter at a bad moment eight years out of office after being crushed by Ronald Reagan, in the middle of what had to be a long day of back-to-back press interviews. ". Given that relationship, Carter's team reported financial details of his businesses, describing the trust as "open" (under the definitions of the new law) as opposed to "blind." We see that you have javascript disabled. In the years before his presidential run in 1976, day-to-day operations at the warehouse were managed by his brother Billy Carter. Naval Academy at Annapolis, Maryland, in 1946. Oh, the military spent $184,000 at a Trump Organization property in Scotland? The only person considered for charges was an employee of the bank. In 1934, Earl Carter owned and operated a peanut business and the Earl Carter Insurance Agency from this location. Bad farming practices caused this unnatural natural wonder. Your membership is the foundation of our sustainability and resilience. Built in 1976, the roadside attraction depicts a large peanut with a toothy grin, and was built to support Jimmy Carter during the 1976 United States presidential election . Carter's just mad because his dang peanuts went sour Reply More posts from r/mrgirlreturns. 2023 Atlas Obscura. Billy Carter would later publicly bash Kirbo but quietly also received a $250,000 loan from the separate farm business. Jimmy Carter's trending, I'll never forget his iconic quote "I wanna friggin die, cuz my peanuts went friggin sour, my peanut farm withered." 21 Feb 2023 10:19:42 He also had a majority stake in Carter Warehouse, a peanut warehousing business based in his hometown of Plains, Georgia. He wouldn't be president for another 36 years. "President Jimmy Carter sold his peanut farm in order to avoid any conflicts of interest during his term, while grifter Trump's business hauled in a whopping $2.4 billion during his. Published May 18, 2020. When Jimmy Carter stepped onto the national stage, he brought along those closest to him, introducing Americans to a colorful Georgia family that helped shape the 39th presidents public life and now, generations later, is rallying around him for the private final chapter of his 98 years, As 2024's campaign season begins, politicians are looking in the mirror and deciding whether they see an American president staring back, As former President Jimmy Carter remains in hospice care at his home in Plains, Georgia, many people are considering his impact, Jimmy Carters path to the presidency is an oft-told story, especially by aspiring presidents trying to be the next politician to defy Washington expectations, Former President Jimmy Carter is garnering accolades and well-wishes across the world since the announcement that the 98-year-old is receiving end-of-life care at home in Georgia. In 1966 he failed in a bid for the governorship and, depressed by this experience, found solace in Evangelical Christianity, becoming a born-again Baptist. Kirbo, now in charge, rejected the proposal, eventually pushing Billy Carter out of the business that September. "But there's been enough bad publicity about it already without selling to them.". After all, he was the first president elected in the post-Watergate era, and scrutiny of presidential ethics was robust. Carter listed eight actions that he would take to avoid conflicts of interest, including transferring Carter's Warehouse, Carter Farms, and all funds related to those business ventures into a trust: The transition group has studied existing laws and regulations bearing on conflicts of interest and the regulation of ethics of officials in the executive branch of government. Amazing. Jimmy Carter Peanut Statue View history The Jimmy Carter Peanut Statue is a monument located in Plains, Georgia, United States. The situation was dire at times. He was born in 1924, a good three decades before the music arrived; contrasting with rock's anti-war stance, the future president attended the U.S. Like our page to get updates throughout the day on our latest debunks. The next month, a warehouse employee told The Post that the loans President Carter's business received from National Bank of Georgia were secured with peanuts that were sold by Billy Carter instead of being held as collateral. The trustee has full control over decisions about the asset as long as the trust is in effect, Georgiev said. A Habitat for Humanitys Jimmy & Rosalynn Carter Work Project has also been announced in the Dominican Republic for November 2020, but it's unclear if Carter will travel to the country to take part in the construction: Since beginning their work with Habitat for Humanity in 1984, President and Mrs. Carter have helped to build, renovate and repair 4,390 homes in 14 countries alongside more than 104,000 volunteers through their annual work project. During those years before the presidential bid, for example, Billy Carter took out loans from the National Bank of Georgia to expand warehouse operations - at a time that overlapped with a peanut drought. It was also important because Billy Carter had been in the news in January, cozying up to Libyan nationals and decrying the "Jewish media" for disparaging Arab countries. He also had a majority stake in Carter Warehouse, a peanut warehousing business based in his hometown of Plains, Georgia. Get a Britannica Premium subscription and gain access to exclusive content. Years of drought and changes in warehouse management had left the Carters with more than $1 million of debt at that point, according to the Plains Historical Preservation Trust. But Kirbo still served as an adviser to Carter, with a June 1980 story in the Times noting that Kirbo was both a frequent guest at the White House and had advised the president on staffing decisions. Billy Carter would end up being a perpetual thorn in President Jimmy Carters side, a tendency which began even before Carter took the oath of office. Carter had been managing the family-owned peanut farm, warehouse and store in Plains, Georgia, since his dad died in 1953, but when he became president, he put it into a blind trust to avoid conflicts of interest. My peanuts went sour" - Jimmy Carter. It was at this point that the loan to Billy Carter in 1977 was made public. The farm's management was then left to his brother Billy. At that point, Carter handed over control to his trustee Kirbo, asking that he consider possible effects of any decisions on Billy Carter and the possibility that his son would someday be involved in the business. Why President Jimmy Carter Gave Up His Peanut Farm, President Jimmy Carter was always known as a peanut farmer. But they were able to climb out of the multi-million dollar hole via paid speeches and lucrative books deals. Born on Oct. 1, 1924, in rural Plains, Georgia, to deeply religious Baptist parents, young Jimmy began working at his father's peanut store at age 10. Please enable javascript and refresh the page to continue reading local news. After all, he was the first president elected in the post-Watergate era, and scrutiny of presidential ethics was robust. This article was published more than3 years ago. Carter will sell all his personal stock, divert the royalties from his autobiography, Why Not the Best? into a foundation that will establish a future library to house Presidential papers, and transfer to the trust his interest in Carters Warehouse and Carter Farms Inc., The intent of this plan, Mr. Carter told reporters this morning, the report continued, is to insure that whatever happens here in Plains, based on my decisions concerning agriculture, will not affect my income one way or the other. . In the end, the goofy peanut gimmick paid off. It was one of several measures Carter announced before his inauguration to avoid potential conflicts of interest and other ethical concerns, as he outlined in a 1977 statement included in the New York Times digital archive. That and peanut farming. Since 1976, the Jimmy Carter SmilingPeanut has held its position as the worlds second largest peanut, the most photographed thing in Plains, and one of the oddest monuments to a politician worldwide. subscribers . Those loans ultimately totaled $6.5 million, about $31 million in today's dollars. This article was written by Philip Bump, a correspondent for The Washington Post. The Carters sold the family business and also began writing books, which helped them recover financially. A number of factors, including Billy's management decisions, negatively impacted the business. It embodied him. The following January, Ronald Reagan was inaugurated, and Carter returned to Plains. With that in mind, we rate this claim "Mixture.". Historical/Interpretive Information/Exhibits, Download the official NPS app before your next visit, site of the original Carter Peanut Warehouse, part of the National Historic Preservation District. Though a proud Texan, the 41st President of the United States started life in the suburbs of Boston. 14 May 2020. American politician Jimmy Carter looks up while shoveling peanuts on a peanut farm, 1970s. Kirbo emphasized that the would-be foreign buyers were not Arabs, The Post reported at the time. They write new content and verify and edit content received from contributors. Heacknowledged the sale of the peanut farmhappened after Carter left office. A special counsel, Paul J. Curran, was appointed to investigate the loans and see if any of the loan money went to Carters campaign. Politico. Jimmy Carter had to put his peanut farm into a freaking blind trust. His peanut business, which sold certified seed peanuts and other farm supplies, was $1. The New York Times. At that point, Carter handed over control to his trustee Kirbo, asking that he consider possible effects of any decisions on Billy Carter and the possibility that his son would someday be involved in the business. When President Jimmy Carter left the White House in 1981, he was 56 years old and deep in debt. . Before Jimmy Carter was inaugurated on Jan. 20, 1977, he announced a broad set of rules meant to dictate the behavior of administration officials. Carter Farms owned between 2,000 and 3,000 acres of land, with Carter controlling 91 percent of the corporation. They even gave the peanut a smile, intentionally reminiscent of the toothy grin that won Carter millions of voters. However, it turned out that entering the White House would lead to him exiting his peanut business. These cabins mark the site where our 11th president was born (probably). Naval . "White House officials, arguing that the trust is 'blind' and that neither they nor Carter is informed its operations," The Washington Post reported at the time, "said they could not explain the loss. What was really at stake was a pair of businesses. As president, Carter sold all his personal stocks, and he put his interest in Carter Warehouse and Carter Farms into a blind trust. Beginning his political career by serving on the local board of education, Carter won election as a Democrat to the Georgia state senate in 1962 and was reelected in 1964. Follow us on social media to add even more wonder to your day. When reached for comment by USA TODAY, Occupy Democrats founder Omar Rivero said gave up wouldve been a more accurate term than sold." Those loans ultimately totaled $6.5 million, about $31 million in today's dollars. What was really at stake was a pair of businesses. At that point, Carter handed over control to his trustee Kirbo, asking that he consider possible effects of any decisions on Billy Carter and the possibility that his son would someday be involved in the business. Trump's Business Hauled In $2.4 Billion During Four Years He Served As President, The story of Jimmy Carters peanut farm is a bit more complicated than you may have heard, Texts of Carter Statement on Conflicts of Interest and Ethics; Appointees Guidelines, Trust Records Show Trump Is Still Closely Tied to His Empire, subscribe to our print edition, ad-free app or electronic newspaper replica here, Your California Privacy Rights/Privacy Policy. The Getty Images design is a trademark of Getty Images. A special counsel, Paul Curran, was appointed to investigate the loans and to see if any of the loan money went to Carter's campaign. She became one of the most politically astute and active of all American first ladies and a strong mental health advocate. By the time Carter began his bid for the presidency, Carter Farms had between 2,000-3,000 acres of farmland, which Carter controlled 91% of. . Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. In June 1978, President Carter released personal financial documents, including the revelation that his net worth had declined. Carter was also subject to new ethics rules that he'd signed into law as the Ethics in Government Act of 1978. Visitors can see the public housing where Jimmy and Rosalynn Carter lived for a year. Winner will be selected at random on 04/01/2023. Carter's nominee to serve as the head of the Office of Management and Budget was Bert Lance, an adviser to his campaign - and the president of the bank that gave Carter's company that large loan. Jimmy Carter was awarded the Nobel Prize for Peace in 2002 for his work in diplomacy and advocacy, both during and after his presidency. In his first year out of office, Bill gave 57 speeches and earned $13.7 million from his "speaking and writing" business, according to their tax return. Our fact-check work is supported in part by a grant from Facebook. Carter had to give up a promising career in the navy, where he had tasks that included teaching nuclear engineering to the crew of a new submarine, in order to take on the failing operation in 1953. We can start with the scale of that peanut farm. What was really at stake was a pair of businesses. Billy Carter would end up being a perpetual thorn in President Jimmy Carter's side, a tendency which began even before Carter took the oath of office. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Grow your brand authentically by sharing brand content with the internets creators. His books included Palestine: Peace Not Apartheid (2006), We Can Have Peace in the Holy Land: A Plan That Will Work (2009), White House Diary (2010), The Virtues of Aging (1998), A Full Life: Reflections at Ninety (2015), and Faith: A Journey for All (2018). Riding in the back of a red 1946 Ford . Tap into Getty Images' global scale, data-driven insights, and network of more than 340,000 creators to create content exclusively for your brand. US presidents tend to live longer lives: Here's how Jimmy Carter's record age compares. "Above all," the document outlining the trust articulated, President Carter "wants the trustee to arrange the assets of the trust so that no one should reasonably assert that [his] actions as President were motivated by a desire to foster his own personal monetary gain or profit.". This material may not be reproduced without permission. After marrying Rosalynn Smith (Rosalynn Carter)who came from Carters small hometown, Plains, Georgiahe embarked on a seven-year career in the U.S. Navy, serving submarine duty for five years. 680 Likes, 6 Comments - The New York Shitpost (@newyorkshitpost) on Instagram: "This post was fact-checked by true peanut farming patriots: TRUE CARTER 2024 " At the age of 92, he was still actively participating in the construction of new homes. Youve probably heard this before. Carter is not the only U.S. president to finish his term in the red: Thanks to legal fees, Bill Clinton "left the White House $16 million in debt," he told NBC's Craig Melvin in 2018. Shortly afterward, Billy Carter announced that he planned to buy out his brother's share of the warehouse business. He also had a majority stake in Carter Warehouse, a peanut warehousing business based in his hometown of Plains, Ga. "The special counsel said, 'No evidence whatsoever was discovered that any monies were diverted from the warehouse into the campaign,' " The Post reported. When Jimmy Carter was elected president in 1976, he put his peanut farm into a blind trust. This folk art compound was built by a fortune teller on the advice of three people from the future. James Earl "Jimmy" Carter, Jr., the thirty-ninth president of the United States, 1977-1981. It was also important because Billy Carter had been in the news in January, cozying up to Libyan nationals and decrying the "Jewish media" for disparaging Arab countries. Peanut has held its position as the worlds second largest peanut, the most photographed thing in Plains, and one of the oddest monuments to a politician worldwide. Before Jimmy Carter was inaugurated on Jan. 20, 1977, he announced a broad set of rules meant to dictate the behavior of administration officials. Carter touched so many lives in service; now Karson continues his legacy by trying to help others. On Jan. 5, 1977, Carter released a plan detailing how his assets would be handled when he assumed office. The update on the former U.S. president touched . Today, the peanut is circled by small maintained bushes. Buchanan, Larry. The theory behind the subsidy is . 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Updates? He might have served in Georgia's General Assembly for two terms, had a four-year stint as Georgia's governor, and spent seven years as a naval officer, but President Jimmy Carter was always known as a peanut farmer. "Jimmy Carter on a pile of peanuts at his family's peanut warehouse in Plains, Georgia, 1976" "Jimmy Carter Back to Building Homes for Habitat for Humanity One Day After Fall." Offer available only in the U.S. (including Puerto Rico). But that representation of what Carter did doesn't really capture the complexity or scale of his private business interest. Jimmy Carter returned home from the Navy to run the peanut warehouse from this location until 1961. The son of Earl Carter, a peanut warehouser who had served in the Georgia state legislature, and Lillian Gordy Carter, a registered nurse who went to India as a Peace Corps volunteer at age 68, Carter attended Georgia Southwestern College and the Georgia Institute of Technology before graduating from the U.S. Millions of high-quality images, video, and music options are waiting for you. Amazing. As they struggled to recover from the unexpected financial blow, the solution to their problem became evident. "According to the plan announced today," The New York Times reported, "Mr. Carter will sell all his personal stock, divert the royalties from his autobiography, 'Why Not the Best?' When Jimmy Carter was elected president in 1976, he put his peanut farm into a blind trust. Jimmy Carter had to put his peanut farm into a freaking blind trust. Earl Carter ran this business until his death in 1953. According to local legend, the hole was carved by the Secret Service in 1976 to ensure that there were no assassins or bombs hiding insidethe grinning goober. That was important in part because of tensions between the United States and Middle Eastern countries at the time. Walk inside and relive the campaign. He wouldnt be president for another 36 years. Prior to running again for governor and winning in 1970, Carter at least tacitly adhered to a segregationist approach. In March 1981, the need for the semi-blind trust gone, the warehouse company was sold to an Illinois feed company for $1.2 million. RT @Alph4Falc0: "My peanut farm done withered away. The following February, Kirbo put the warehouse business on the market. It's a longer story than that, involving two fairly large businesses (particularly for the time), a cozy relationship with the guy put in charge of his business, and, at one point, the appointment of a special counsel to dig into loans one of his businesses received - from a bank whose president ended up serving in Carter's administration. In February 1979, Kirbo had put the warehouse business on the market. The Carters sold the peanut farm in March 1981, shortly after Carter left office following a failed bid for a second term. This article was written by Philip Bump, a correspondent for The Washington Post. As Carter's former White House communications director Gerald Rafshoon told the Post: "He doesn't like big shots, and he doesn't think he's a big shot. Dont miss reporting and analysis from the Hill and the White House. Many critics urged Trump to divest himself of his businesses and cited former U.S. President Jimmy Carter's sale of his peanut farm as an exemplary model of how to head off such potential conflicts: In May 2020, after an appeals court ruled that a lawsuit could proceed alleging that Trump had violated the constitution by receiving foreign money through his hotels, comparisons between Carter and Trump once again gained traction on social media: While Carter did place his businesses into a blind trust before he was elected president in 1977, he didn't actually sell his peanut farm until he left office in 1981. Above all, the document outlining the trust articulated, President Carter wants the trustee to arrange the assets of the trust so that no one should reasonably assert that [his] actions as President were motivated by a desire to foster his own personal monetary gain or profit.. In the aftermath of the Watergate scandal, which had raised widespread concern about the power of the presidency and the integrity of the executive branch, Carter styled himself as an outsider to Washington, D.C., a man of strong principles who could restore the faith of the American people in their leaders. "As for whether any criminal charges were warranted, Curran said 'the answer is also a clear no.' Carter resigned his commission and returned to Georgia to manage the family peanut farm operations. President and Mrs. Carter are shining examples of service. Soon, they bought the surrounding 170 acres as well. During those years before the presidential bid, for example, Billy Carter took out loans from the National Bank of Georgia to expand warehouse operations at a time which overlapped with a peanut drought. Like Atlas Obscura and get our latest and greatest stories in your Facebook feed. Ironically, Carters moral stance and candour caused a small stir when, during the campaign, he admitted in an interview with Playboy magazine that he had committed adultery in [his] heart many times.. Kirbo, now in charge, rejected the proposal, eventually pushing Billy Carter out of the business that September. It was at this point that the loan to Billy Carter in 1977 was made public. Carter was also subject to new ethics rules that he'd signed into law as the Ethics in Government Act of 1978. Shortly after his inauguration, Carter announced that the blind trust that would manage his businesses would be run by Charles Kirbo, a longtime associate and confidant. Jimmy Carter wrote numerous books after leaving the U.S. presidency. Secret Service Code Names of 11 U.S. Presidents, U.S. Presidents and Their Years in Office Quiz, https://www.britannica.com/biography/Jimmy-Carter, Academy of Achievement - Biography of Jimmy Carter, The Nobel Prize - Biography of Jimmy Carter, Jewish Virtual Library - Biography of Jimmy Carter, Jimmy Carter - Children's Encyclopedia (Ages 8-11), Jimmy Carter - Student Encyclopedia (Ages 11 and up), Jimmy Carter: Family affair to the White House and beyond, Carter: Still a model for candidates asking 'Why not me? Carter put his family-owned peanut business into a blind trust in 1976 before he took office in 1977, as reported by the Washington Post. "But there's been enough bad publicity about it already without selling to them.". All Rights Reserved. An expert told USA TODAY blind trusts allow someone to retain ownership of an asset while transferring management to another person or institution. Former President Jimmy Carter, 97, and former first lady Rosalynn Carter, 95, made a surprise visit to the annual Plains Peanut Festival in style Saturday. PLAINS, Ga. The Carter's were out and about on Saturday afternoon, as the former president and first lady were on-hand for the 25th annual Peanut Festival parade in their hometown of Plains . Their personal counsel, Charles Kirbo of the Atlanta law firm, was their financial trustee. What was Jimmy Carter's role in the Camp David Accords? Following the election loss in 1981, the Carters were informed by Charles Kirbo that because of three years of drought and several changes in warehouse management, they were over $1 million in debt. It didnt take long for the administration to face ethics questions, however. By then Trump, 21 years younger, was already a millionaire in Manhattan. Its a surprisingly common bit of presidential trivia these days, given how neatly it serves as a countervailing example to President Trumps apparent lack of interest in dissociating his expansive business from the workings of government. Why Not the Best the Navy to run the peanut farm into a freaking blind trust United! Is supported in part because of tensions between the United States started life the. Cabins mark the site where our 11th president was born ( probably ) acres of land with! Page to continue reading local news business on the advice of three people from the separate farm.... Farm 's management decisions, negatively impacted the business that September when he office... Was 56 years old and deep in debt the years before his presidential in! Of Plains, Georgia and music options are waiting for you a $ loan... In 1981, shortly after Carter left the White House was 56 years old and deep in.... 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His autobiography, why Not the Best 's record age compares Carter lived a! Folk art compound was built by a grant from Facebook and scrutiny of presidential trivia days... The Earl Carter owned and operated a peanut farmer turned president separate farm business I could have it. Trustee has full control over decisions about the asset as long as ethics. Annapolis, Maryland, in 1946 school students in effect, Georgiev said told the Post it some ago! Loans ultimately totaled $ 6.5 million, about $ 31 million in today 's dollars to Plains sour jimmy carter peanuts went sour. Deep in debt have sold it some time ago to foreigners, Kirbo told the Post reported at time! Brand authentically by sharing brand content with the scale of that `` peanut farm in 1981... The bank was already a millionaire in Manhattan manage the family business and began. Negatively impacted the business royalties from his autobiography, why Not the Best Charles Kirbo of the toothy that! Ethics questions, however team at 1-833-248-7801 more about the world of Make., negatively impacted the business that September public housing where Jimmy and Rosalynn Carter lived for second... A $ 250,000 loan from the future probably ) on a peanut business, sold. Of a red 1946 Ford Jimmy Carter 's record age compares said 'the answer is also a clear no '... Smile, intentionally reminiscent of the toothy grin that won Carter millions of voters continues his by... Strong mental health advocate just mad because his dang peanuts went sour Reply more posts from r/mrgirlreturns circled small. Your inbox, Learn more about the world of CNBC Make it, 2023 CNBC LLC president released. Located in Plains, Georgia, United States the farm 's management was then left to his brother share. To help others until 1961 Carter 's role in the end, the a! Between 2,000 and 3,000 acres of land, with Carter controlling 91 percent of the warehouse.... 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