Word: tariff
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...refinery near Bombay. Specifically, the government would scrap the law that Indians must own 51% of the stock of a foreign company. It would give unbreakable guarantees against nationalization for 25 years at least. The refinery will be allowed to import crude oil free of duty, and will get tariff protection...
There is no quick way to boost copper imports, either. The U.S. last May shelved its 2?-a-lb. tariff, and agreed to pay a premium price of 27½? for Chilean copper, which accounts for most U.S. imports. But the U.S. also had to agree to let Chile sell a big chunk of her copper in Europe and elsewhere, where the price has been as high as 50? a Ib. Result: imports have dropped...
...Myrtle Ehrlich, was married to a Brooklyn wholesale grocer who imported the firm-bodied, pear-shaped Italian tomatoes which make the best spaghetti sauce. She later divorced the grocer, but she remembered the tomatoes, even when she went to work selling securities in Wall Street. In 1934, when a tariff sent the price of Italian tomatoes skyrocketing, Tillie began to think of growing them in the U.S. Everybody told her it was impossible ("the soil isn't right"). But on a trip to Italy, she got seed and talked an Italian importer into staking $50,000 on a project...
...laugh from many townspeople. It was not quite so amusing to local customs men and Mounties, currently engaged in trying to stop the growing traffic in cigarettes (23? a pack in Maine; 46? in N.B.). There was no chance that the government would act on Stuart's tariff-toppling recommendations. But in a week when the cost-of-living index passed 190 for the first time in Canadian history, he had dramatized the soaring prices of consumer goods as no other M.P. has yet managed...
Marshall Davidson, of Manhattan's Metropolitan Museum of Art, wanted a new kind of U.S. history book and decided to write it himself. Instead of rechewing the dry bones of political campaigns, Civil War battles and tariff disputes, he went looking for the marrow in the U.S. past: the way Americans really spent their days...