Search Details

Word: quota (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

Before a group of Havana University students-and a countrywide TV audience-Major Ernesto ("Che") Guevara, the scraggly-bearded president of Cuba's National Bank and the top Red in the Castro government, explained that Cuba's 3,000,000-ton sugar quota on the high-priced U.S. market (5? per lb. v. 3? on the world market) was not a good deal at all. Instead, said Che, it was a "deceitful" Yankee device designed to "enslave" Cuba by keeping it a one-crop agricultural country. "The purpose is to preclude the industrial development of this country...

Author: /time Magazine | Title: CUBA: Sweet Slavery | 3/14/1960 | See Source »

...State Department's reply was swift and to the point. If the preferential quota is so onerous, then give it up. The State Department reminded Cuba that her sugar growers "have the same status as U.S. producers." By selling to the U.S. instead of on the world market, Cuba last year got, in effect, a subsidy of "more than $150 million." In addition, a preferential tariff, 20% lower for Cuba than for sugar from other countries, gave Cuban exporters another bonus of almost $8,000,000. Said State: "It would be logical to conclude from Major Guevara...

Author: /time Magazine | Title: CUBA: Sweet Slavery | 3/14/1960 | See Source »

...purchasing arms and planes; interests that bombed our cane fields and cities." The government's Cormbate hit the streets with an extra, calling the explosion "another U.S.S. Maine,"-hinted that the U.S. had blown up the ship to compel Cuba to accept revision of Cuba's sugar quota...

Author: /time Magazine | Title: The Hemisphere: Remember La Coubre | 3/14/1960 | See Source »

Even though Congress threatens to slash Cuba's sugar quota in reprisal for Fidel Castro's seizure of U.S. property, Hawaii is in no position to step up its production to benefit. So, last week, Hawaii's leading sugar company, American Factors, Ltd., announced a plan that it hopes will help it break out of its box. It set up a new organization called Sugar International* to equip other countries with a Hawaiian-style sugar industry...

Author: /time Magazine | Title: AGRICULTURE: New Start for Sugar | 2/1/1960 | See Source »

Though subsidizing a government that has openly set out to break all historic ties with the U.S. is unpalatable, cutting the quota might spur such a reprisal as abrogating the treaty giving the U.S. the Guantanamo naval base, or might actually strengthen Castro's support by increasing anti-U.S. sentiment. Chairman Harold Cooley of the House Agriculture Committee would like to keep the quota law on a year-to-year basis. Another talked-of solution: a bill giving the President the authority to change quotas at will...

Author: /time Magazine | Title: CUBA: Protest Against Theft | 1/25/1960 | See Source »

Previous | 289 | 290 | 291 | 292 | 293 | 294 | 295 | 296 | 297 | 298 | 299 | 300 | 301 | 302 | 303 | 304 | 305 | 306 | 307 | 308 | 309 | Next