Word: smoots
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...Tariff Commission which President Hoover expects to tell him how to flex out scientifically the injustices and inequalities of the Hawley-Smoot Tariff Act stood complete last week. The President revealed the names of only his first three selections: Henry P. Fletcher (chairman), Republican, of Pennsylvania, onetime U. S. Ambassador to Italy; Thomas Walker Page, Democrat, of Virginia, chairman of Wilson's Tariff Commission; John Lee Coulter, Republican, of North Carolina, chief economist and chairman of the Advisory Board of the present Commission, onetime president of North Dakota Agricultural & Mechanical College, able rural economist. Meanwhile Citizen Calvin Coolidge took...
Tariff. Last spring the King Government raised duties against the U. S. because of the Hawley-Smoot rates, but failed to up them enough to win the election. Prime Minister Bennett, pledged to smack on duties as high as the U. S. rates if not higher, awaits only the assembling of the new parliament this month to execute this promise. Minister MacNider was ready to protest for the U. S. but his protests were expected to be no more effective than those of Canada against the new U. S. tariff...
President Hoover had searched the land over for a suitable person to head the Commission he expected to flex out the "inequalities and injustices" of the Hawley-Smoot Tariff Act. Scared of Senatorial inquisitions, men he wanted would not take the post. Finally he chose the suave, immaculate guide and counselor of his pre-inaugural South American tour...
...year the U. S. shipped out goods worth $402,000,000; this year, $269,000,000. Imports likewise fell off $133,000,000 for the same month this year and last. The Department of Commerce explained the declines as due to world-wide economic depression. Critics of the Hawley-Smoot Tariff Act recalled their predictions that the high rates of that measure would have no immediate and severe effect upon U. S. foreign trade...
...case against Prime Minister King in one sentence: "He had no policy to cure unemployment and he has not given Canada prosperity." Nationalist Canadians privately added a third accusation: Mackenzie King was pro-U. S. They felt that he was afraid to come out strongly against the Hawley-Smoot tariff. They said that he was too amenable to U. S. interests in the projected St. Lawrence waterways treaty. They knew that he had passed the U. S.-inspired law, objectionable to Canadians, forbidding the export of liquor...