Word: bushell
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Dates: during 1930-1939
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...free entry for five years to all Canadian products now duty free, reserving the right to impose duties after three years on dairy products; 2) preference to Canada by imposing duties on foreign dairy products, certain fruits, unwrought copper (2d. a lb.), wheat (25. a quarter, or 6¢ a bushel); 3) continuation of the 10% ad valorem duty on foreign timber, zinc, lead, asbestos, fish (Canada had wanted the tariff on timber increased); 4) a ten-year extension of the preference on Canadian tobacco...
...just because 1) at the time the money was borrowed with wheat at $3 a bushel, money was cheap, and now with wheat at one-sixth that price, money has far greater purchasing power; 2) while the services and lives of individuals were conscripted during the War, money was not. Cancellation of Liberty Bonds will erase that injustice...
...bargained for Farm Board wheat to be delivered to his European cartel. Last month he announced the formation of International Commodities Trading Corp., Swiss-chartered, to barter among countries commercially hobbled by foreign exchange restrictions. Last week he concluded his first deal-an agreement to trade 1,000,000 bushels of U. S. wheat and a small amount of cotton for some $500,000 worth of Indo-China zinc and tin. The wheat will be traded on a basis of 50? a bushel at Chicago...
...should decide our Debt action? Besides, these people-yes, our bankers and industrialists-are the ones who most clearly realize what is true-that debts paid now are paid in dollars of far greater purchasing power than the dollars that England and France borrowed when wheat was $3 per bushel. Finally, add up what France and Britain have already paid back and figure out how much better it would be for us to have, from now on. like sums in trade from those countries, so it would come direct to our pockets instead of draining down through the Washington pork...
...figuring each hog at 240 Ib. Another boon to hog farmers has been the low price of corn. It is generally assumed by farmers that they can make money if they can sell their hogs at a hundredweight price ten times higher than the cost of a bushel of corn. Corn on the Iowa farm last week was selling at 20-21¢ a bushel while hogs on the farm brought $4.25, or twice as much as usual. Only thing that disturbed farmers was the prospect of a rise in corn prices. Rain sent the corn stalks much beyond...