Word: quotas
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Dates: during 1940-1949
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...worse than any Christmas rush the department stores had ever seen. From New York City to San Francisco, sales of silk stockings were rationed: usually three pairs to a customer. Guards in uniform were posted to keep order. Customers bought their quota, walked away, then stood in line for hours to buy again. In Denver, women bought $125,000 worth of stockings in two days-enough to provide every woman over 14 in Denver with a pair, at 92? apiece...
Rackets are almost inevitable when trying to centralize control of a complex modern economy. So far in Britain, most racketeering is small-time: selling rationed food on the black market, dodging quota restrictions...
Having journeyed nearly a million miles to make some 200 one-reel travelogues of exotic spots since 1928, Traveloguist FitzPatrick's wanderings have been limited by World War II. The Voice will fill his 1941 quota of twelve Talks within the boundaries of the U.S. and Canada, then quit. Last week he and his crew prepared to do North Carolina...
...State Department is a party to the Inter-American Coffee Agreement, by which coffee quotas were allocated among all the coffee republics last fall. The State Department in fact represents the only major coffee customer these republics have left. The original quota for U.S. consumption was set at 15.9 million bags, 2 million more than the U.S. had ever drunk in a year. The U.S. had 1.5 million bags on hand when the agreement started, and has since upped the quota by another 260,000 bags. But the inventory plight of the small U.S. buyers was Latin America...
...Brazil, which gets 58.49% of the U.S. quota, surplus coffee is still being systematically burned (54,000 bags last month). Yet Brazil's standard grade, Santos No. 4, has nearly doubled in price since last August. Colombia (19.8% of the quota), producing valuable special grades, raised its minimum prices nine times last winter. Brazilian growers and speculators, with 2,300,000 bags of quota coffee still to ship, are holding it back, waiting for still higher prices. Meanwhile shipping space is getting scarce and ocean freight costs are mounting. Brazil is also toying with the idea of setting...