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Word: beetly (lookup in dictionary) (lookup stats)
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...price rises and even trade shortages in flour, canned goods, lard, and especially sugar, which rose from 4.40? to 5.75? a pound in one week. But by last week few housewives were laying by sugar any more. And speculators wondered whether sugar is still a good short sale. The beet price had fallen to a new all-time low, just .04? below the 3.426? a pound bottom hit in the dreary month...

Author: /time Magazine | Title: COMMODITIES: Sugar Cloudy | 7/8/1940 | See Source »

...chronic depression, divided into a number of tough and coony political pressure groups. The U. S. consumes about 6,750,000 tons of sugar a year. The big cane importers and refiners are equipped to serve a market for 8,000,000 tons. Besides this, the relatively high-cost beet operators of the Mountain States, California and Michigan, can turn out 2,000,000 tons. Under a free economy, beet sugar would not get a smell of the domestic market until demand broke all records and exceeded 8,000,000 tons. But the beet growers, chief of whom...

Author: /time Magazine | Title: COMMODITIES: Sugar Cloudy | 7/8/1940 | See Source »

Every session of Congress is punctuated by the sniping of seven main sugar groups at each other and the public weal. As the balance of power has worked out since 1934, the Mountain beet lobby has grudgingly accepted something between a 1,342,000 and 1,584,000 ton quota. Another 4,700,000 has gone to the refiners of imported cane, allocated as follows: 2,000,000 tons to Cuba, whose cheap cane competes with domestic beet after paying a .9? tariff; the rest to four duty-free areas, the Philippines (nearly 1,000.000 tons), Puerto Rico...

Author: /time Magazine | Title: COMMODITIES: Sugar Cloudy | 7/8/1940 | See Source »

Maneuvering to up their quotas in the current session, the Mountain beet lobby and its friendly rival, the Cuban cane lobby, have sought to limit imports from U. S.-owned sugar countries. This "unholy alliance" drew Humanitarian Roosevelt's wrath-as it would also draw the wrath of Libertarian Wendell Willkie. President Roosevelt reminded Congress that Hawaiians. Puerto Ricans and Virgin Islanders "are American citizens . . . with local governments that lack the protection of statehood," i.e. Senators...

Author: /time Magazine | Title: COMMODITIES: Sugar Cloudy | 7/8/1940 | See Source »

...materiel and men, France lost great wealth and war resources in the north. Calais is a main source of cement. From Calais through Lille to Valenciennes runs France's richest coal belt. Lille makes textiles and chemicals. Mezieres and Valenciennes are important steel towns. France's beet-sugar industry was in the north, and the entire area, with 85 inhabitants per square kilometer (2/5 sq. mi.) was a rich farm area for corn, barley, cattle, horses. The Germans would go methodically about rehabilitating all these resources, "to make the war pay for itself...

Author: /time Magazine | Title: WESTERN THEATRE: Defense of France | 6/10/1940 | See Source »

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