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Word: cubanize (lookup in dictionary) (lookup stats)
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...right . . . wrong . . . indefensible!" Republicans calmly retorted that, if leaks there had been about the new tariff bill, they were "unintentional." Certain tariff facts loomed large in ad vance of the bill's presentation: Sugar. The prospect of a higher sugar duty brought to Washington agitated representatives of the Cuban producers. The proposal to limit the free entry of Philippine sugar to 500,000 tons per year accounted for the presence in Washington of Speaker Manuel Roxas of the Philippine House, President Pro Tempore Sergio Os-mena of the Philippine Senate, and Philippine Secretary of Agriculture Rafael Alunan. They...

Author: /time Magazine | Title: THE TARIFF: Sweet Leak | 4/29/1929 | See Source »

...toward a dependent people." He argued that Philippine sugar, less than one-fifth of U. S. consumption, does not affect the domestic market, that the attempt to limit Philippine sugar came not from the U. S. beet-sugar industry but "directly from those interests which have invested in Cuban sugar." He denied that domestic sugar interests could increase their production if importation from the Philippines were restricted...

Author: /time Magazine | Title: THE TARIFF: Sweet Leak | 4/29/1929 | See Source »

...appendix, attached not only by trade and finance but semi-politically by the Platt Amendment. Said this provision (tacked on to the 1901 Army Appropriation Bill and never since retracted): "The government of Cuba consents that the United States may exercise the right to intervene for the protection of Cuban independence, the maintenance of a government adequate for the protection of life, property and individual liberty. ..." It was under this authority that the U. S. Army occupied Cuba from 1906 to 1909 to suppress uprisings and restore constitutional government. On the theory that Cuban sovereignty can be suspended at will...

Author: /time Magazine | Title: National Affairs: Appendix | 4/29/1929 | See Source »

...Cuban restriction plan, like England's rubber restriction experiment, achieved quite opposite results. The rest of the sugar producing world saw a golden opportunity to make money. And while Cuban production fell from 5,125,970 tons in 1925 to 4,011,717 tons in 1928, the world crop, swelled by many a new cane and beet plantation, rose from 23,687,000 to 25,326,000. Cuba then supplied only 16% of the whole. World markets were seriously unsettled...

Author: /time Magazine | Title: Business & Finance: Babst Demand | 4/15/1929 | See Source »

...sources (including income from the ¼-owned National Sugar Refining Co.) totaled $9,614,432, as against $6,618,740 in 1927. Its holdings are wide and diverse. Not only does it own sugar refining plants but also a cooperage company, a coal company, and 300,000 acres of Cuban sugar land, equipped with factories and a railroad. This property produces 12% of all the company's raw sugar requirements...

Author: /time Magazine | Title: Business & Finance: Babst Demand | 4/15/1929 | See Source »

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