Word: cuba
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Dates: during 1930-1939
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...line politico, the President has a conservative background but of late has grown steadily more radical, playing for the support of Cuba's restive unemployed. Last week he wanted to seize the Cuban Telephone Co., in which U. S. citizens own the greater part of an investment stake of $28,000,000, planted through International Telephone & Tele- graph which owns stock control. Nervous ministers warned President Mendieta that such confiscation would be rash indeed, but he relied on President Roosevelt's "good neighbor" policy and distaste for public utility companies...
...been about 1,000,000 tons. They were still more chagrined when Congress, after upping the quota of mainland beet-sugar producers 100,000 tons above the President's request, left the quota for Hawaii to be fixed by Undersecretary of Agriculture Tugwell. In proportioning quotas between Hawaii, Cuba, Puerto Rico, the Virgin Islands, and the Philippines, Brain Truster Tugwell used the average crops of 1931-32-33 as figures for the other islands, but based Hawaii's quota on the years 1930-31-32, to Hawaii's disadvantage. Result: Hawaii's quota was set at 917,000 tons instead...
...manufacture. American Tobacco Co. moved its Key West plant first to Tampa, then to Trenton, N. J. In 1930. President Hoover decommissioned the naval station in the name of economy. The soldiers moved away, too. Pan American Airways out of Miami took the cream off the passenger traffic to Cuba. The Florida East Coast R. R. reduced its Key West schedule to one train a day and the Atlantic Coast Line cut its through New York-to-Key West sleepers down to two a week. Seatrains from New Orleans killed the Cuban freight business. The resort crowd drifted elsewhere...
...Their desertion left sly Dr. Mendieta, who could find his way blindfolded to the U. S. Embassy, more than ever dependent on his ''good neighbor" in the White House. Obligingly President Roosevelt decreed last week an embargo which will stop all shipments of U. S. munitions to Cuba except munitions requested by the Cuban Government for the shipment of which the U. S. State Department will issue licenses...
With a balance of $3,600,000 remaining due on the $9,000,000 J. P. Morgan & Co. loan to Cuba, Partner Thomas S. Lament was in Havana last week. He seemed to set off no fireworks by proposing to the Mendieta Government repayment at the rate of $900,000 each July 1. Fortnight ago all Cuba cheered a Government commission which cracked down on Chase National Bank by advising President Mendieta to repay nothing on Chase's share of $60,000,000 worth of bonds floated in the U. S.-advice as to which the President prudently made...