Word: minimum
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Dates: during 1920-1929
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...credit charges. On the other hand London bankers, nervous over the long and steady drain of gold from England, saw in the bank's announcement the only possible way of bolstering the gold reserve, down ?20,000,000 this year and now ?17,000,000 below the irreducible minimum of ?150,000,000, set by the Cunliffe Currency Commission...
...appropriation is allotted, the admission should be made primarily to your superiors in Washington, instead of 'passing the buck' to the State law-enforcing officers. Your plan would necessitate increasing the police personnel by 5,000 men, costing the taxpayers of the City of New York a minimum of $15,000,000 per annum...
...Cunliff Currency Commission that such a reserve was "desirable" (i. e. indispensable in the Commission's opinion) if the gold parity of the pound was to be maintained. The seriousness of the situation, last week, may be judged from the fact that for the first time since the Cunliff Minimum was laid down, the Old Lady's gold-in-pocket fell below the "desirable" limit...
...bottom $1. Cuban imports would still benefit by a 20% differential. When sugar was exactly at $6 per 100 lb. the tariff would be $2.20, the present duty, with Cuba paying $1.76. The duty would decline as the price rose to $7.20 per 100 lb. at which point the minimum rate-$1 per 100 lb.-would come into effect. The duty would increase as the price fell below $6 until at $5.20 the maximum rate of $3 would be levied on world imports. Sugar tariff changes would be on a weekly basis, measured by the previous week's average...
Passenger Traffic. Railroad passenger traffic has steadily declined since 1921, but every month since November 1928 the rate of decrease has grown smaller. Railroad men feel that passenger traffic has reached its minimum, will improve in the future. As 60 passengers can be hauled in the same coach and at the same cost as 30, an increase in passenger traffic would be very healthy for net incomes...