Word: rico
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Dates: during 1940-1949
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Economically, producing sugar is a terrible risk: it requires big capital investment and reaps a microscopic profit margin. This has led to cutthroat competition between the domestic beet bloc and the cane producers in Cuba, Hawaii, Puerto Rico and the Philippines. To protect themselves, the beet men for 25 years operated an intense and effective lobby to get Congress to erect tariff walls and pay subsidies. In 1934 they jammed through a quota system that gave them 25% of the 6,000,000 tons of sugar consumed in the U.S. One of their most cogent arguments for protection: a strong...
Further auto ferry routes will be opened later, between Cuba and Haiti (fare: $40 a car), and between the Dominican Republic and Puerto Rico ($30 a car). Also a Cuba-Jamaica line is under consideration...
...Open negotiations to buy Cuba's and Puerto Rico's 1946 crops at once. (Reluctantly the U.S. has raised the price of raw Cuban sugar from 2.65? a lb. to 3.1? and probably will have to go higher, but it is just as important to make the contract before planting instead of just before the harvest, as has been done...
...Navy prompted Berlin newspapers to attack him as a "warmonger." For some other remarks he made about the regimentation of labor in Soviet Russia he was obliged to make a public apology. In 1939, his tour of duty as CNO completed, Mr. Roosevelt sent him to Puerto Rico to govern that hot and troubled island. The President did not pack him off to get him out of the way. Puerto Rico needed a steadying rein. It got it. The retired Admiral governed with a fair, gloved hand. A newspaper columnist nicknamed him El Lija, a Spanish play on his name...
Government bungling (failure to offer the Cubans enough to induce heavy planting), the use of 900,000 tons of sugar to make synthetic rubber, plus 26% greater demands by the services, plus strikes in Puerto Rico, plus a drought in Cuba, had cut the amount of sugar available for U.S. civilians from last year's 6.1 million tons to less than five million...