Word: exporting
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Dates: during 1930-1939
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...price of passing the tax bill (see p. 17) they got the Senate to insert a provision repealing: 1) the Treasury's authority to nationalize silver; 2) the tax of 50% on the profits of silver speculators; 3) the requirement that Government licenses must be secured to import or export silver. The effect of these laws enacted in 1934 was to pre vent speculation in silver in the U. S., put the silver futures market out of busi ness, leave the Treasury in complete control of the U. S. silver situation. Since Mr. Morgenthau had not exercised that control...
...week (see above), forced into prominence the deep, half-hidden split between popular Nazi demagogs and Adolf Hitler's unpopular Big Business friends whose key man is Reichsbank President Dr. Hjalmar Schacht, Minister of Economics and charged by the Realmleader with finding money for everything from poor relief to export subsidies and pocket battleships...
...that the kernel carries within it a crawly worm of error. He has read what the next preceding correspondent said and he repeats it to show what a thorough study he has made of the economic conditions of the Islands. It sounds impressive, but the truth is that the export of rum never amounted to much, if any, more than 4% of the per annum exports of the Islands. ... I will leave it to you to explain how the loss of 4% of a region's annual exports can produce an economic wreck. . . . The very prosaic fact is that...
...little provocation might develop into another international struggle with disrupting and demoralizing effects to our commerce. There are those who would have us believe the U. S. to be a self-sufficient nation. On the contrary, intelligent persons know that to be prosperous our merchants, manufacturers and growers must export at least 10% of their products. In turn, we must import rubber, spices, alloy minerals, yute and countless necessities of which we produce little or none within our 48 States...
...them to share in the Board's profits, if any. More important than these provisions is the declaration of a new policy of "continuous sale" of wheat. The Board is specifically forbidden to hoard grain or conduct stabilization operations. It must pour its holdings, old and new, into the export market as speedily and profitably as possible, "at any price" it can get. Since the pool's holdings are 226,000,000 bu. and since another 250,000,000 bu. surplus will be coming in from this year's crop, the worst fears of grain exporters appeared to be justified...