Word: freer
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When the U.S. Senate last week passed the new foreign trade bill giving the President unprecedented power to cut tariffs (see THE NATION), the majority of U.S. businessmen cheered. The burgeoning of Europe's Common Market had left the U.S. little alternative to an all-out drive for freer trade; the U.S. must barter down
...from abroad, but they no longer argue for tariffs in general. And their tone has changed: in hearings before the Ways and Means Committee this year, they sounded rather plaintive and apologetic. Many pleaders for particular protection even felt constrained to tell the committee that in principle they favored freer trade and agreed with the purposes of the bill...
...1820s, protectionism became a flaming national issue, with Henry Clay advocating a tariff-walled "American System" and Daniel Webster speaking for freer trade. The debate produced some highly emotive rhetoric. New Jersey's Democratic Representative George Holcombe warned in a House speech that without protective tariffs the nation would see "your agriculture languishing, commerce declining, manufactures perishing, your-but, sir, I cannot, will not finish the picture. It is too utterly repulsive...
...excessively high tariffs tend to choke off international trade and push up domestic prices, and the Tariff of Abominations stirred up impassioned opposition. South Carolina even enacted a Nullification Ordinance that declared the 1828 tariffs void within the state. The boomerang result of the 1828 Tariff Act was a freer-trade movement that prevailed in Congress from the early 1830s until the Civil War brought on a new surge of protectionism...
...Park painted a figurative picture called Kids on Bikes. "In immersing myself in subject matter," he said, have found that I paint with more intensity and that the 'hows' of painting are more inevitably determined by the 'whats.' I believe that my work has become freer of arbitrary mannerisms...