Word: effectively
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Dates: during 1920-1929
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Valuation. The cost of an article abroad (foreign value) is now used to assess ad valorem duties. The Finance Committee voted to change the system to domestic or U. S. valuation?then crossed its fingers and postponed the effective date to Jan. 1, 1932. Domestic value is "the price at which imported merchandise is freely offered for sale in the principal markets of the U. S. in wholesale quantities." The committee's purpose was to change the system of valuation without changing the scale of protection. The Tariff Commission was ordered to calculate the conversion and submit to Congress...
...Corp. Well he knew what the steelman wanted. Also on the job was Pennsylvania's Joseph R Grundy, arch-lobbyist for manufacturers The sequence of recent events: 1) The Finance Committee by a vote of 7-to-4 first rearranged the manganese ore tariff on metal content, in effect increasing the duty above the 1 cent per Ib. level. 2) From Moscow came the announcement that U. S. Steel Corp. had signed a five-year contract with the Soviet for from 80,000 to 150,000 tons of Georgian manganese ore per annum. 3) Reconsidering, the Finance Committee reversed...
...bond, a requirement which few if any of the taxi operators could or would meet. Last week the City Council prepared to enforce the ordinance, with the almost certain prospect of putting the taxis out of business, of forcing the public back to the empty trolleys, of weakening the effect of the strike...
...effect Dr. Sunderland's book today amounts to asking: Well, why does not Prime Minister MacDonald free India...
...touch of Midas turned things to gold. In the legends of finance the name of J. P. Morgan is supposed to have the same effect. All sorts of stocks are sometimes labelled Morgan stocks, yet no one save the uncommunicative partners at 23 Wall St. really knows exactly what companies have Morgan connections, or how much stock interest, if any, J. P. Morgan Co. holds in them. Speculators eager to know how much the name of Morgan is like the touch of Midas, have spent much time calculating what profit Morgan stocks have shown...