Magazine content is available exclusively for TIME subscribers.COMMODITIES: Sweet Toothache
The U.S. last week bought an estimated 9 million tons of sugar from Cuba, the island's crop for the next two years. On paper, the figure looked big. But for the U.S. housewife it would mean no relief for her aching sweet tooth. There would be no more sugar available. Sugar rationing would still be here for a long time to come.
In winding up lengthy negotiations, the U.S. bought the 1946 Cuban crop for $3.67½ per 100 Ibs. f.o.b. Cuba, instead of for the $3.10 it paid last year. Cuba wanted the U.S. to sign a contract for ten years...
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