SUGAR: Hard Bargain

Havana last week angrily buzzed with bad news: the U.S. does not want to buy from Cuba in 1943 anything like the amount of sugar that Cuba expected to sell.

Right after Pearl Harbor, the U.S. Government frantically prepared to supply the United Nations with sugar on the assumption that we might be cut off from Hawaiian and even Puerto Rican supplies. Cuba promptly upped production by 15% and produced some 4,500,000 tons of sugar and molasses in 1942 and sold most of it to the U.S. at 2.65¢ a Ib. f.o.b., only...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!