Word: crawfords
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Dates: during 1940-1949
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...Dallas last week Frederick Coolidge Crawford, recently elected president of the National Association of Manufacturers, dented the armor of N.A.M.'s traditional foreign-trade policy. As late as 1940 N.A.M. vigorously opposed continuation of the Hull reciprocal trade treaties, declared against tariff reductions. Now Crawford, in line with his philosophy of free competition (TIME, March 1), specifically called for the elimination of inflexible tariffs and declared: "There will be another war in 25 to 30 years if nations close up behind rigid trade barriers." His declaration raised hopes in some quarters that N.A.M. would support the extension...
Statesman at Play & Work. In a graphically described roadhouse ("Around a corner an arch of stout knotty pine opened into a big living room lit from skulls of longhorn cattle with electric bulbs in them set in a row round the varnished log walls"), Crawford is seen at play in blue-striped pajamas with a statuesque torch singer. In time he acquires a semi-Fascist radio station, is surrounded by more & more sinister henchmen. It becomes Tyler's business to take the rap for Crawford before a Federal grand jury and to be publicly repudiated by the demagogue...
...Crawford's speech truly reflects N.A.M. sentiment, there is indeed something new in the leadership of U.S. business, and the long-standing suspicion that N.A.M. is the mouthpiece for those elements in big business most addicted to "sticky" fixed prices is no longer justified...
...Crawford's speech was also noteworthy because it edged, however gingerly, towards a doctrine of freer international trade. "If we want a market in China, Russia, India and other nations for the goods we can produce best," said he, "obviously we must not bar those nations from our own market." He carefully omitted any reference to Great Britain, which happens to constitute the crucial postwar trade problem for three reasons: 1) British and American trade before the war was the biggest slice of all world trade; 2) discriminatory U.S. tariffs played a large part in driving Britain to discriminatory...
Real test of Mr. Crawford's international philosophy will lie in how the National Association of Manufacturers throws its weight when the Hull reciprocal tariff policy comes up for its Congressional test this spring...