Robert A.Watson, Hearing Before a Subcommittee ..., on S.373 ..., Feb 4, 19361936 - 19 pages |
Common terms and phrases
12 cents agreement American Trading American Trading Co April 26 Argentine sugar change asked Attorney General Palmer B. H. Howell BALDWIN bill bring in sugar bring sugar British West Africa BURRWOOD DALY CAVICCHIA cents a pound cents per pound CHAIRMAN claim of Robert Claims to hear Committee on Agriculture COMMITTEE ON CLAIMS conferring jurisdiction corporation cost price Court of Claims Department of Justice EAST ORANGE EKWALL ernment Exactly exceeding 20 cents extra copies Government agreed Guy Goff Haugen House Committee implied contract increase or decrease June 18 Lever Act loss ments opened an office original letter PITTENGER Post Office Building pound profit President Wilson price of sugar propose to market proposition prosecution refined Argentine sugar render judgment resumed negotiations sale price SEGER sell shortage of sugar Sixty-ninth Congress sold SUBCOMMITTEE sugar arrived sugar had gone take the sugar thousand tons United wanted Washington York City
Popular passages
Page 9 - debts' includes those debts or claims which rest upon a merely equitable or honorary obligation, and which would not be recoverable in a court of law if existing against an individual. The nation, speaking broadly, owes a 'debt' to an individual when his claim grows out of general principles of right and justice, — when, in other words, it is based upon considerations of a moral or merely honorary nature, such as are binding on the conscience or the honor of an individual, although the debt could...
Page 2 - ¡i position to accept offers for refined Argentine sugar, which it was proposed to market in this country. In order to obtain the sugar, it was necessary to present the proposition to financial institutions so that proper arrangemens could be made to establish credits necessary to finance the purchase. You will appreciate that the regulations concerning the export of sugar, issued by the Government of the Argentine Republic, and the attendant hazards in connection with the purchase and sale of this...
Page 9 - What are the debts of the United States within the meaning of this constitutional provision (art. 1, sec. 8)? It is conceded, and indeed it cannot be questioned, that the debts are not limited to those which are evidenced by some written obligation or to those which are otherwise of a strictly legal character. The term "debts" includes those debts or claims 'which rest upon a merely equitable or honorary obligation, and which. would not be recoverable In a court of law if existing against an individual....
Page 9 - Argentine sugar, approximately 171,4 cents per pound cif American ports, I propose to market the sugar at not exceeding 20 cents per pound. 2. Should the cost price to me of refined Argentine sugar change, the sale price by me would increase or decrease proportionately, as the case may be, so that the sale price might be either greater or less than 20 cents per pound, dependent upon the cost price to me. 3.
Page 3 - WATSON : This is to confirm our various conversations and in reply to your letters of June 19 and 23, 1920. In view of the fact that the sugar requirements of the people of this country are in excess of the supply now available and in order to encourage the importation into this country of foreign sugars, you will be permitted to import the sugars mentioned upon the terms set forth in your said letters. You are further informed that if you carry out the department's requirements as to price and distribution...
Page 2 - Argentine sugar change, the sale price by me would increase or decrease proportionately, as the case may be, so that the sale price might be either greater or less than 20 cents per pound, dependent upon the cost price to me. 3. I agree to permit your office to designate the channels through which this sugar shall be distributed, provided that the ultimate purchasers satisfy me as to their financial standing, and as to the terms of settlement. Inasmuch as I expect to begin the importation of this...
Page 2 - Argentine Republic, and the attendant hazards in connection with the purchase and sale of this sugar make this transaction entirely different from the ordinary transactions carried on by the ordinary wholesaler of sugar in this country. In view of the great shortage of sugar in this country, it was deemed advisable to discuss with your department the advisability of bringing this sugar to America, and the possible effect of the Lever Act upon the profit believed to be necessary in order to meet the...