Word: important
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Dates: during 1930-1939
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...travels every year to Europe, observes more new talent, signs more big new conracts than any one man in his risky profession. Solomon ("Sol") Hurok has always had a weakness for Russian perormers. He has managed Efrem Zimbalst, Mischa Elman, Feodor Chaliapin, Anna Pavlova. He spent $75,000 to import the Monte Carlo Ballet Russe (TIME, Jan. 1, 1934 et seq.). Last week in Manhattan Manager Hurok introduced still more Russians: 19 choristers from Paris who call themselves the Moscow Cathedral Choir...
...granting a fabulous cash endowment of well over $100,000, 20,000 acres of land, and an annual income that shot up like a pre-depression graph. This was garnered from an export duty of two cents on every pound of tobacco, another on all skins and pelts, an import tax on all liquors, and one-sixth of the fees of all public surveyors. Around 1750 this amounted to $15,000 annually, arousing the admiration and envy of William and Mary's poor, struggling contemporaries in the other colonies...
...consumption of about 650,000,000 bu. annually. This year, moreover, the 595.000,000 bu. harvested is light in weight, requiring the use of more bushels per barrel of flour. The surpluses piled up prior to 1933 are nearly exhausted, and before the next harvest U. S. millers must import perhaps 50,000,000 bu. of high-grade Canadian grain over a 42¢-per-bu. tariff...
...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...
...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...