Word: smoot
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Dates: during 1960-1969
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...expanding trade and prosperity in the free world. Moreover, quotas would mean U.S. repudiation of the 1947 General Agreement on Tariffs and Trade, history's first major code of fair play for international commerce. Backers of liberalized trade compare today's proposed restrictions to the 1930 Smoot-Hawley Tariff Act, which by lifting import duties to record levels prompted reprisals abroad that helped to cut U.S. exports by 66% during the Depression. "The protectionists are peddling medicine more likely to kill than cure," warns William M. Roth, President Johnson's special representative for trade negotiations...
...nation. Thus far, the feeling has been most clearly evident on Capitol Hill, where an influential coterie of Senators led by Minority Leader Everett M. Dirksen and Majority Whip Russell Long are pressing for the tightest protection of U.S. goods since the bad old days of the 1930 Smoot-Hawley tariff.* If the protectionist Senators-dubbed "the coalition of retreat" by Hubert Humphrey-were to succeed, they would impose strict quotas on more than 75% of dutiable U.S. imports...
...Whose coauthor, Reed Smoot, inspired Ogden Nash's 1930 poem "Invocation": Senator Smoot (Republican, Ut.) Is planning a ban on smut. Oh root-ti-toot for Smoot of Ut. And his reverent occiput . . . Smite, Smoot, Be rugged and rough, Smut if smitten Is front-page stuff...
...that would establish stricter quotas on imports ranging from steel to strawberries, from textiles to goat meat. If enacted, the bills would set limits on $12 billion worth, or 50%, of total U.S. imports. Liberalized-trade advocates compared the Orderly Trade Act proposal to the restrictive Hawley-Smoot Tariff Act of 1930. Secretary of State Dean Rusk, in a rebuttal that skillfully invoked diplomacy and the dollar sign, pleaded with the Senate not to "retreat into protectionism...
...Nava defeats Smoot in the May 31 runoff, he will become the first Mexican-American ever to sit on the city school board. That, for the pocho, would be a major step from self-pity toward self-representation...