Word: limiteds
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Dates: during 1930-1939
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...attempted to control world prices, failed. The Federal Farm Board, set up last year, has pegged the price of wheat in the U. S. but found no way of disposing of its surplus. The result may be transferring the loss from the farmers to all the taxpayers. To limit production in future, the Board has for months been urging, begging, warning U. S. farmers to plant less wheat, at least 15% less. Last week the Department of Agriculture reported a 1.1% acreage reduction in 1931 winter wheat. Meantime, the new Canadian crop is reported about 30% bigger than last year...
...which may soon overbalance U. S. curtailment. Tin. Attempts to curb tin production have been hindered by the rivalry between Bolivia and the Far East, and the introduction of much modern equipment into the latter territory. In London last week the world's tin producers met, sought to limit production. Silver. An abrupt decline in silver has accompanied the drop in other metals, but this is due more to developments in the currency situation. Last week Irving Trust Co. blamed Great Britain for the drop in silver, saying it was caused by putting India on a gold standard. Causes...
Dollars v. Rifles. As adopted last week the Draft Convention lays down as its broadest proposal that "each of the High Contracting Parties agrees to limit and as far as possible to reduce its total annual expenditures on land, naval, and air forces...
Navies & Personnel. While proposing to limit land and air "material" (fighting equipment) exclusively by the budget method, the Draft Convention, so far as navies are concerned, supplements "budgetary limitation" by tearing a leaf from the London Naval Treaty (TIME, April...
...United States cannot be ratified constitutionally by the same methods as those which affect merely a change in the machinery of government. Of this kind are the twelfth and the seventeenth, which vary the procedure in the election of the President or the Sehators, or those which limit powers of the state or federal governments. The constitution specifically provides for amendments of this nature, the shifting of power, and states that the proposed laws must be ratified by constitutional conventions elected from the various states...