Word: exportations
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Dates: during 1940-1949
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...control the inflation China needs now a portion of the credits we have envisaged, perhaps $75 million. The remainder of the $200 million for the first year of our Three Year Plan can await action by the Congress; but either from the U.S. foreign relief program or the Export-Import Bank, or some other source, this $75 million must be obtained in the next 30 days...
...steadily accumulating deficit? Actually, they said, the recovery program which it would set under way would "reduce the dollar deficit progressively." For example, 1948's deficit would be $8.04 billion; 1951's would be $3.4 billion. Along with a reduction of imports would go an expanding export trade with the Americas and other countries of the world...
...speculation. The Chicago Board of Trade ordered margins increased on a sliding scale. For every 10?-a-bushel increase in the price of grain futures, margins must, in effect, be increased an additional 5?. But the Board of Trade stuck to its contention that Government buying of grain for export was chiefly to blame for food prices, and not speculation...
...attributed to: swollen purchasing power flowing from full employment and higher incomes; the continual lag of purchasable goods and food behind demand; the aggravating intangible of national selfishness; the absence of anti-inflationary taxation or monetary policies; and finally, the sapping drain on the economy caused by export of goods without imports in exchange. The interplay of these factors causes the present state of prices...
...beans were down 8?, their daily legal limit; wheat fell 6 to 8¾?. Even wholesale meat prices slipped, along with livestock prices. One thing that had finally frightened the speculator into panicky selling was a decision by the Federal Government to cut purchases of grains for November export by some 50 million bu., 42% below the July-October level. And traders who had expected frost to nip the short corn crop, were upset by the Department of Agriculture's announcement that half the corn crop had matured and was safe from the frost...