Word: cubans
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Dates: during 1930-1939
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...future of NRA and other New Deal legislation precipitated a general break in commodities. Wheat sank 5? per bu. to the lowest price this season, 81¼?. Cotton dropped under 11? per lb. Sugar lost most of its recent gains in the wildest trading in a decade, and Cuban sugar securities nose-dived on the fear that the island's reciprocal trade pact might be annulled as an unconstitutional delegation of the Senate's treaty-making powers. And with all codes and coercion swept from the U. S. Business structure, endless readjustments were obviously in order. What those...
...Commonsense." Significant, too, are the things the stubby little Texan is generally given credit for having achieved within the Cabinet. He, as much as any one man, quashed the idea of armed U. S. intervention in Cuba when the Cabinet had it under consideration because of the series of Cuban revolutions in the autumn of 1933. Supposed dialog...
...assets-a dancer, a designer, a comedian-were old hands from Broadway and not Union Square. Spry, mad-eyed little Esther Junger (Life Begins at 8:40), clad in bold costumes by Constance Ripley, appeals to other senses than that of social injustice when she performs wildly in the Cuban sugar cane. And shy little Jimmy Savo is most capable not when he is being beset by police, or starving in the street, or dying of appendicitis in a neglectful free clinic, but when he is up against his old comic difficulty of making a complicated and terrifying piece...
Catalyst in the New Deal's complex rehabilitation formula was the Jones-Costigan Act, which established a quota system for both imports and domestic production. Hardly less important was a reduction in the tariff on Cuban sugar from 2? to nine-tenths of a cent per lb. Net result was a closed system (taking in the U.S., its insular possessions and Cuba), in which AAA could dictate supply, if not demand. Western sugar beet growers received a fat quota and benefit payment from a processing tax; duty-free producers in Hawaii, Puerto Rico and the Philippines got higher prices...
Because Cuba was the chief beneficiary of the new sugar deal, Cuban sugar securities, many of them long since written off by investors as a total loss have come suddenly to life. Cuba Cane products, the island's largest producer, was reorganized last February as Cuban Atlantic. Francisco Sugar's 7½ bonds (in default) have jumped from 23? on the dollar to 44? since the year end. Certificates of deposit for Camaguey's 7% bonds soared from 2½? on the dollar to 12?. Manati's preferred stock climbed from $4 per share...