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Word: sugar (lookup in dictionary) (lookup stats)
Dates: during 1920-1929
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Senate on Sugar. In 1924 the Tariff Commission made an investigation of sugar, prepared a report recommending tariff changes, submitted it to President Coolidge. This report, at the time, was supposed to favor a substantial reduction of the sugar duty. A candidate for reelection, President Coolidge pigeonholed the report, delayed action. After he was elected, he refused to make...

Author: /time Magazine | Title: THE TARIFF: More Compromise | 5/27/1929 | See Source »

Estimators could show that the new rate would add 100 million dollars to the country's retail sugar bill. The sugar schedule immediately added to the disgruntlement of U. S. farmers who do not look upon the beet sugar industry, with its roaming alien labor, as a legitimate form of U. S. husbandry...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

...Sugar. Around sugar revolved a bitter controversy. Western beet sugar producers, representing themselves as infant-industrialists, had demanded higher tariff rates aimed at Cuban cane, and a limitation on the free importation of Philippine sugar. The House bill raised the world raw sugar duty from $2.20 to $3 per 100 Ib. which would make Cuba, which already enjoys a 20% differential, pay a tariff of $2.40 per 100 Ib. instead of the present $1.76. Swayed by the protest of Secretary of State Stimson as a onetime Governor-General of the Philippines, the House committee placed no limitation on free sugar...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

...England representatives, fondly eyeing their huge candy industry, cried out in protest against the higher sugar duties. It was recalled that in 1924 the U. S. Tariff Commission advised President Coolidge to reduce the sugar duty to $1.23 as ample protection for domestic producers. With an election approaching, the President refused to act. Cane-growers in Cuba (75% of whom operate on U. S. capital) foresaw disaster for themselves, predicted a 2¢ rise in retail sugar prices, urged a "battle of the American sugar bowl." The House was told by Chairman Hawley of the Ways & Means Committee that...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

Blackstrap. The close interrelation of Industry and Husbandry is clearly set up in the case of blackstrap?a by-product of molasses and cane sugar, used chiefly for making industrial alcohol. The present duty on blackstrap is about ¼¢ per gallon. The new duty would average between 1¼¢ and 2¢ per gallon, depending upon the sugar content. Farm groups forced this increase on the Ways & Means Committee by the argument that a higher levy on this imported article would turn the alcohol manufacturers to domestic corn as a base for their product...

Author: /time Magazine | Title: THE TARIFF: Bill Out | 5/20/1929 | See Source »

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