Word: quota
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Dates: during 1930-1939
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...China promised not to melt down any coin; India, not to sell more than 35,000,000 ounces per year; Spain, not to sell more than 5.000.000 ounces. The silver-producing countries agreed to buy up 35.000.000 ounces per year and keep it off the market. The U. S. quota for silver purchases was set at 24,421,410 ounces, practically the present amount of annual U. S. production...
...Mint will pay 64 1/2? an ounce only for silver newly mined in the U. S., the world price of silver will not necessarily rise to that level, will continue to be fixed by supply & demand. The proclamation will, however, remove 24,000,000 ounces (the U. S. quota) from world supply. This is about 20% of world production. This will undoubtedly tend to raise the world price but if private hoards of silver begin to leave India and China (which hold 600,000,000 oz.) or if Manhattan's silver speculators decide to dump their...
...Federal Alcohol Control Administration was swamped with 1,000 requests for permission to bring in 50,000,000 gal. of foreign wines & spirits. In the peak pre-War years, 12,000,000 gal. had been the annual importation. Accordingly, FACA issued import licenses after drastically reducing all importers' quotas. This action wrought considerably more hardship on legitimate dealers who had applied only for their honest needs than it did on a number of unscrupulous speculators and ex-'leggers who applied for quotas in the names of from one to 30 dummy corporations, with no intention of ever importing...
...international trade game, how many bushels of apples and pears equal how many gallons of wine? All last week the U. S. haggled that point with France. The original import quota of French wines had been 784,000 gal. Most of that had been bought up in the Christmas rush. If any more French wines were to be admitted, the Federal Alcohol Control Administration politely informed the French Embassy in Washington, France would have to buy a great deal more U. S. apples and pears...
When CWTA was formed a month ago. it was to spend $550,000,000 of Federal Funds to put 4,000,000 men to work by Dec. 15. Last week CWAdministrator Harry L. Hopkins informed the President that the quota had been reached. President Roosevelt immediately announced that, to carry the program past Feb. 15 when the funds will expire, he would ask Congress for another $350,000,000, keep CWA going until...