Word: quotas
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Dates: during 1940-1949
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...which caused the U.S. to run an export surplus when, as a creditor, it should have collected its interest in the form of an import surplus, were hiked even higher by the Hawley-Smoot rates of 1930. The Ottawa Agreements, raising a tariff wall around the British Commonwealth, the quota systems, the blocked exchanges, the abandonment of gold - these were the complex but natural sequences of U.S. unwillingness to play its part. Long before the League of Nations had shown its inability to keep the peace, the U.S. had kicked away the economic fruits of peace...
Today only a handful of virtuoso ocarinists rate the honor of membership in Boss James Caesar Petrillo's American Federation of Musicians. But the "sweet potato" has its quota of passionate partisans...
When the Treasury last week totted up final returns of its Second War Loan Drive, it found total subscriptions of $18,533,000,000-$5,533,000,000 more than the goal set. And commercial banks had been allowed to subscribe only their $5 billion original quota. Most of the over-subscription had come from noninflationary quarters: from business firms, insurance companies, savings institutions. Thus $13½ billion was taken from noninflationary sources, $2½ billion (from individuals) directly out of the yawning inflationary...
Rule-of-thumb rationing down the line to the ultimate consumer has resulted in all kinds of inequalities. States with local liquor control compounded the confusion; 13 of the 17 liquor-monopoly states have instituted rationing. Thus the per capita quota runs from a pint a week in Virginia to as much as two quarts a day in Vermont. But, on a national basis, liquormen figure that U.S. stocks of domestic whiskeys (404,000,000 gal.) will last for about three sober, 70% years, leave another year's supply aging for the peace...
...first, with the administrative aches and growing pains of any big, new organization. Director Oveta Culp Hobby announced that enrollment had reached 58,100 by mid-April. That unvarnished figure meant, at first sight, that the Corps had achieved little more than a third of its quota (150,000) at the three-quarter mark of its authorized enrollment term ending July...