Word: butter
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Dates: during 1940-1949
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...July 1937 was $699,000,000. Of this, $252,000,000 was in tea, coffee, rub ber, silk, bananas and other items noncompetitive with U. S. products; $141,000,000 was in imports required to supplement items affected by the 1935-36 drought-corn, wheat, barley, fodder, butter, etc. But these imports, Mr. Hull can show conclusively, did not displace U. S. farm products; they supplemented the U. S. supply, prevented a shortage. Further, they came in because farm prices were high, and their only effect on domestic prices was to check a rise to famine levels, thus benefiting...