Word: protectionists
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Dates: during 1920-1929
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...Pronouncements tend to show that "big business" will be served up as the piece de resistance next fall. The alleged laxity of the Federal Trade Commission and the Department of Justice, and the protectionist bias oft Tariff Commission provide traditional issues with social implications wider than the mere corruption charge...
Comment. Philip Snowden (Labor) : ". . . the worst rich man's budget ever presented"; Mr. Churchill has "compassion" for "the poor, overburdened, starving, unemployed supertax payer. . . . So much for this example of protection, pure and simple, by this greatest apostle and protagonist of free trade, a Tory protectionist Chancellor of Exchequer...
...give you two or three illustrations of what a high protectionist means when he talks of a commercial avalanche: Under a Democratic tariff sewing machines, necessary in every home, were on the free list and we were importing scarcely 1% of the value of our domestic production. This was an avalanche, however, not to be tamely borne and a duty of 33 1/3% (33 and one-third) was imposed to check it. "In rubber footwear, out imports were too small to be worth reporting, but the duty nevertheless was raised 150%. In manufactures of wool, our imports were less than...
...Island Empire of the West (Britain), once a protectionist Nation, has thought it indispensable to its interests to become the greatest free-trade Nation in the world. The Island Empire of the East, whose geographical position is analogous to that of the British Commonwealth of Nations, has been tempted from the Broadway of free-trade into the side-streets of protection, emulating, in this respect...
...ample reason existed for distrust, leading to a general fall of exchange rates and a stampede similar to the American free silver scare of 1895, to the gambling in 1919 on Russian rubles, in 1922 on the German mark, in 1923 on the sterling exchange under Baldwin's protectionist campaign...