Word: exports
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...prices dropped to around 17¢. A fair price is somewhere in the neighborhood of 30¢ or 35¢. Following the War the British rubber producers were in much the same trouble that U. S. agriculture is in today?overproduction and ruinously low prices. To remedy this a special type of export tax was devised to reduce the production of rubber. It was so arranged as to discourage production when prices were low, and to allow larger production during periods of high prices. The measure went into force in 1922. This year its effects began to be felt. Rubber rose in price...
...other products listed in the resolution are or may be controlled in similar ways by various foreign countries. Brazil is protecting her coffee growers. Canada is talking of an export embargo on pulpwood to conserve her timber, etc. But at the present time rubber is the outstanding case...
...happens that the British rubber scheme involves an export tax. Imposition of export taxes is forbidden by the U. S. constitution...
...favor. Ever since 1898 the consumption of food products in the U. S. has been increasing much more rapidly than the production of foodstuffs. Only last week the Department of Agriculture made public a study confirming this fact. Of sugar, fruits, nuts and vegetables we import more than we export. We still export more grain, grain products, and animal products than we import, but the net exportation of animal products has fallen off 41% in 25 years or so, and grain and grain products have fallen off 22% in approximately the same period. On the other hand our sugar imports...
...York Bank is apparently loath to raise its rate lest it cause a similar rise of the Bank of England rate from 4% to 4½%, to prevent export of British gold to the U.S. Also the Reserve system apparently feels that too much money is now being used in Wall Street, and that as a matter of policy financial speculation can be restrained by holding the New York Bank rate lower than rates of the other Banks, and thus forcing funds from New York to other U.S. centres...