Word: protectionists
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...battle revealed two important new aspects of the old issue of tariff policy: the South, historic home of free-trade philosophy, is moving toward industrial protectionism, and one wing of the historically protectionist Republican Party is now committed to freer trade. Protectionism today is seldom defended as it was 50 years ago, as a general philosophy. Today it is an expression of localities, of every Congressman's sensitivity to the pressure groups back home. That is why freer-trade slogans sweep the field of public debate; but when Congress comes face to face with tariff-policy discussion, many...
...argue against the bill. Asked Reed: "So you want to hear from the little guns first?" Replied Chairman Smith: "There are no little guns in Congress." Dan Reed took a seat at the foot of the table. Behind him, under an ornate gold-leaf mirror, sat another staunch protectionist, Illinois' Republican Representative Noah Mason, his cherub cheeks aglow with excitement. Cried Reed: "I formed my opinion about low tariffs as an infant during the Administration of Grover Cleveland. Yes, I formed my opinions when, gentlemen"-Reed paused to glare around the table-"when, gentlemen, I walked miles and miles...
...Costly Promise. The protectionist forces moved quickly to consolidate their gain. Ohio's Republican Representative Clarence Brown moved that the bill be left wide open to amendment. But Speaker Rayburn stemmed the tide. He got up from his chair, walked down the steps to the House well, and standing ramrod straight, spoke into the microphone. Said he: "Only once in the history of the House, in 42 years in my memory, has a bill of this kind and character been considered except under a closed rule . . . So as an old friend to all of you, as a lover...
...chief protectionist arguments is that tariffs are needed to safeguard vital defense industries. Said Percy: "Our industry points with alarm to the fact that because of foreign competition there are perhaps no more than 2,000 optical workers in the U.S. This may be true; but the industry fails to mention the fact that in the process of learning the optical grinding business, we have radically changed and improved the methods used in Germany and other countries for hundreds of years. As a result, the present unit productivity of our 2,000 workers is probably greater than the productivity...
...they could do nothing to support the Administration's original sensible policy (sloganized as "trade not aid") of extending the Reciprocal Trade Agreements three more years and cutting swollen tariff schedules. For by the time the foreign trade legislation reached Congress, the Administration had weakly surrendered to Mid-Western protectionist pressure; the Agreements were given a short one year renewal, and the Executive agreed to cut no tariffs...