Word: wheat
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Dates: during 1930-1939
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...Wheat & corn were steady, bewildered traders by not following down with stocks & bonds...
...rumor but as fact Canadian-born Baron Beaverbrook's Daily Express reported that Canada's Bennett has persuaded the British Government to launch an Empire wheat quota scheme nearly as ambitious in regard to wheat as Baron Beaverbrook's own sweeping proposal for "Empire Free Trade" (TIME...
...wheat beginning would be made as follows: .First the principle would be established that Great Britain, which imported last year from all her Dominions 2,000,000 tons of wheat (37) bushels to the ton), must import hereafter, on the same basis, a minimum of 2,800,000 tons of such "Empire wheat...
...avoid squabbling and charges of favoritism, the Mother Country would not fix a separate quota for her imports from each Dominion. Instead British wheat importers would be required to show that a certain percentage of all their imports (55% was suggested), came from one or more Dominions. Inter-Dominion competition for the British market would thus be kept keen...
...make the quota law enforceable and prevent wheat 'legging, certificates of "dominion origin" would accompany each shipment and the British Government would check these certificates at the British importer's warehouse, then double-check at British flour mills, where each miller would be obliged by law to maintain the 55% "dominion proportion" in each & every sack of British flour...