Word: quota
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...industries whose prices are 10% to 15% higher than world levels. To keep these industries going, France charges low tariffs on raw materials it needs, but imposes duties as high as 33% to 40% on finished goods, then pushes the barriers still higher with additional special taxes and import quotas. Cars, for example, are imported under a modest 20% tariff, but with added taxes, the total bite comes to 60%. Depending on how business is doing, quotas, taxes and tariffs are raised or lowered at the drop of a franc; sometimes one barrier goes down while another goes up simultaneously...
...French authorized the U.S. to build bases in Morocco, in the jittery months after the Korean war began, the French stipulated that U.S. forces should be limited to some 7,500 men at any one time. The three bases at Sidi Slimane, Benguerir and Nouasseur absorbed the full quota of Americans. The French will not let any more in: they are jealous of their own prestige, fearful of U.S. political appeal for the restive Moroccans, and no longer so worried about a general war. Last week, caught in this embarrassing spot, the U.S. Air Force in Washington insisted that...
Voting authorities last night set the quota for a councillor's election at 3,624. Today they will begin to tabulate second and third place votes in order to determine the remaining eight positions in the Council...
Almost certain to reach this quota this afternoon are Edward A. Crane (CCA), who polled 3,416 in the first count, Joseph J. DeGuglielmo '29 (CCA), 2644, and Mrs. Pearl Wise (CCA), who reached an unprecedented total of 2137 in her first Council campaign election...
Pill, a city officer for 22 years, is expected to make up his deficit rapidly with second and third place choices, while Morton, only 83 votes behind fourth-place Mrs. Wise, should also gain enough points to reach the quota...