Word: quota
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...recent whirlwind tour to visit Budweiser wholesalers around the U.S., Busch bet every man he met a brand-new hat-900 in all-that he could not top his local sales quota for the year. So far, the challenge seems to be paying off. For May and June, Budweiser's wholesalers jumped their sales 5% over 1954 levels. Says Anheuser-Busch's President Gus Busch: "By the end of the year, I'll either have a houseful of hats or I'll be the biggest hat buyer in the country...
...crop, Secretary Benson cut the proposed support price again, to reduce production further. In last week's election, farmers were faced with a hard choice: to accept the quota restrictions and a support price of $1.81 a bushel for their wheat (76% of parity), or to reject the quotas and sell all they can at whatever price the market would bring. Without quotas, the supported price would be only $1.19 a bushel and to get that, farmers still would have to accept acreage restrictions. "It's not too good a choice," said South Dakota's Senator Francis...
...apathy of the public toward this monstrous practice ... is frightening . . . Not infrequently people, especially those who have neither money, family nor influence, are killed as a result of "interrogations" by savage or, at best, callous police officers who work as though they had a quota to fill; these deaths usually being reported as suicides or "due to natural causes" . . . We should turn at least some of our concern toward the two things that present the gravest danger to the preservation of our civilization: the bewilderment of our youth in a world they never made . . . and the widespread, arrogant, contemptuous...
...French, who insisted that the German ftrength be held to twelve divisions so that the French would always be stronger, have never succeeded in meeting their 'NATO quota of 14 divisions. First there was Indo-China; since then the French have raided their forces in Europe to provide reinforcements for Africa. Last fall, over U.S. protests, they withdrew the equivalent of two light divisions to garrison Tunisia. To the U.S., which has promised to keep its five divisions in Germany, and to Britain, which reversed a policy of centuries by guaranteeing to maintain an army...
...after the U.S. Congress passed the first Reciprocal Trade Agreements Act in 1934. Under that act, the U.S. signed bilateral tariff agreements with France, Great Britain, Belgium and 26 other nations. As each of these nations signed similar agreements with dozens of other countries, a tangled net of concessions, quota restrictions, special licenses, etc. was created. To simplify matters, the U.S. helped sponsor a meeting of interested nations after World War II to write a single, broad General Agreement on Tariffs and Trade. GATT contained thousands of tariff concessions and a rule book on trading, e.g., a signing nation would...