Word: fordney
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Dates: during 1920-1929
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...appointing Senator Vandenberg, Governor Fred W. Green of Michigan stressed the advantage of youth as a qualification for the rough-and-tumble of life in Washington committee rooms. This was interpreted as a gentle explanation of why Joseph Warren Fordney, onetime (1899-1923) Michigan Representative, had been passed by. Mr. Fordney, whose massive girth and demeanor are well suited to his reputation as an Old Guardsman, is 74 years...
Much-predicted for the appointment was Joseph Warren Fordney of Saginaw, Mich., oldtime U. S. Representative (1899-1923), famed for his high-tariff record as chairman of the House Ways & Means Committee (1919-23). Looming as competitors for the seat in the primaries and election were two former governors of Michigan, Albert E. Sleeper of Bad Axe, and Chase S. Osborn of Sault Ste. Marie; one judge, Ira W. Jayne of Detroit; and Editor Arthur H. Vandenberg of the Grand Rapids Herald...
...nature of a routine order. France having lately an- nounced large tariff raises on similar U. S. products, it was mandatory for the U. S. Department of the Treasury-unless otherwise advised by the U. S. Department of State-to reply in kind, under a "countervailing" clause of the Fordney-McCumber Tariff Act of 1922. But in light of the current tariff imbroglio of France and the U. S. (see p. 18), during which the U. S. Department of State had been at pains to explain that the U. S. tariff policy is not discriminatory, newsgatherers naturally went scurrying...
...called "dis-crimination" against U. S. goods. The note gave a detailed explanation of the U. S. tariff law. It opposed firmly the principle of reciprocity and demanded that France grant the U. S. most-favored-nation treatment under pain of sanctions authorized by Article No. 317 of the Fordney-McCumber Tariff Act, which empowers the President to increase by 50% the duties on the goods of a nation discriminating against the U. S. The French Government took the matter under advisement. An answer was thought likely to be despatched to Washington as soon as the French Cabinet had reviewed...
...Fordney-McCumber Tariff. Typical of U. S. tariff rates on French exports are works of art (under 100 years old), 20% ad valorem (that is, upon the U. S. valuation), silk wearing apparel, average of 60%; walnuts (France exported $4,861,000 worth to the U. S. last year) 4¢ per pound unshelled, 12¢ shelled; precious and semiprecious stones (not including pearls), 10% ad valerem on uncut stones; perfumes containing alcohol 75% ad valorem plus 40¢ a pound; perfumes not containing alcohol 75% ad valorem; soaps and soap preparations from 15% to 30% ad valorem. These are the chief French...