Word: quota
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Dates: during 1950-1959
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...backed system of upholding coffee prices has long been the dream of Latin America's coffee-based nations,* but the U.S. has shied away from coffee price supports as a nightmare just as dreadful as grain supports in the U.S. Lately, the U.S. has come to realize that quotas might stabilize the market, and prices as well, at no cost to the U.S. Treasury. In practice, the arrangement would work like the long-successful sugar quota system, which guarantees producing nations specific shares of U.S. sugar imports each year. By assigning each coffee country a sure market...
Recently, the State Department sent a squad of informal poll takers padding through the marble corridors of the House and Senate Office Buildings. Results of the poll: little or no objection to the quota system...
...highly satisfactory as the answer to an immediate problem, it should not be adopted as a permanent solution without very careful thought. Certainly, for example, the College should abolish forced commuting before moving in graduates, and it should never bring back the forced commuter system just to maintain some quota of graduate students in the Houses...
...leave the U.S., Yankus must sell his100-acre farm near Dowagiac in southwestern Michigan, finish paying off $4,562 in penalties levied against him in court by the U.S. Government. His offense: raising for his 5,000 chickens more wheat than he was allowed under the average-quota system...
...never allowed to vote on the quota issue himself, because farmers with less than 15 acres of wheat were barred from the referendum; 4) does not believe in the farm support program as a matter of principle...