from a special correspondent’
The above headline appears over an article on the U.S. and world sugar merket situation in this month's cdition of "American Economic Report" from the US Information Service. The following extracts indicate just one More significant consequence of American policy towards Cuba,
“Farmers in the United States are raising more sugar beet and sugar cane than ever before, in response to a reversal in che world sugar situation that began about 1960. The extreme turnabout from a situation of excess world sugar and low prices is traced to a sharp decline in sugar production in Cuba - for years the world's largest producer - and to poor sugar beet crops in Western Europeeeesee"™
"The (US) Sugar Act apportions the US sugar market between domestic and foreign suppliers - currently 60% to domestic and 40% to forcignecee The foreign share is allocated partly by specific quotas assigned to about "25 countries and partly by a "global" quota, The global quota is an amount reserved for Cuba when, and if, normal diplomatic and economic relations with that country are resumed. Until such time, the global quota is made available to other foreign countries on a first-come, first-served basis, with a preference for Western Hemisphere countries and countries that purchase US agricultural commodities."