Word: cuba
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Dates: during 1930-1939
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...Establishment of a regional sugar control agreement to give Cuba a fairer share of the U. S. market...
...Sugar Deal? Discussing Cuba with White House correspondents, President Roosevelt minimized the Cuban general strike and the Army coup d'état. He emphasized the Congressional procedure by which Dr. de Cespedes became Provisional President, and that "the change was in entire accord with the Constitution and laws...
President Roosevelt showed his clear perception that Cuba's troubles, superficially political, actually spring from an economic misery rooted chiefly in the low price of sugar. To supply the Allies with sugar during the War, Cuba became virtually a one-crop country, suffered terrific hardship when the sugar boom collapsed. In 1924 Conservatives and Liberals united to elect Gerardo Machado who was hailed as a "businessman President" much as was Herbert Hoover later. President Machado has cooperated actively in the Chadbourne Plan of world sugar crop restriction, but with U. S. tariffs soaring higher and higher against Cuban sugar...
Last week U. S. Secretary of State Hull inspired despatches to the effect that he believes Cuba has been economically choked by the U. S. tariff policy of recent years. As the London Conference proved, Mr. Hull's tariff-slashing ideas are broadly disapproved by his chief, but in the case of Cuba and her sugar, special exceptions might be made. Cautiously the President let it be known that he favors a "New Deal" for Cuba on somewhat these lines...
...Return of Cuba to a multi-crop system with peons now employed on the large sugar and tobacco plantations being established on smaller farms where they could produce their own sustenance in case of need...