Word: banana
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...Owns or charters 73% of all banana-carrying ships controlled by banana importers...
...Imported 63% of the bananas brought into the U.S. from 1935 to 1953, except for three banana-short war years, when Unifruit's ships were in military service...
Testifying last week at a hearing of the House Committee on Small Business, which (like Barnes) is chiefly interested in the plight of U.S. banana jobbers who depend on United Fruit for their supplies, the trustbuster reported that the company...
...Owns or controls 85% of the land in the American tropics suitable for banana growing (except in Ecuador where government encouragement keeps banana-growing mostly in the hands of local producers...
Fewer Imports. The once profitable banana business, almost wiped out by disease during the early '40s, was rescued by development of a disease-resistant variety, and exports have doubled in the past eight years. During and after the war, Jamaica expanded its sugar planting and built up a $21 million-a-year British market (and a current surplus that may soon force a compulsory cutback). Rice, a staple food that had always been imported, was grown locally under government direction, and production was boosted to the point where Jamaica is now nearly self-sufficient. In trying to encourage manufacturing...