Word: smoots
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Last week they returned to the Senate where Generalissimo Reed Smoot asked that they be released from their instructions, that the Senate recede from its demand for these two controverted items. He warned that the House and the White House would not relax their opposition and that, unless the Senate changed front, the Tariff Bill was as "dead as Julius Caesar...
...Last week 1,028 professional economists in a joint appeal asked President Hoover to veto the Hawley-Smoot tariff bill (see p. 17). Among their reasons: 1) Increased domestic prices; 2) Damaged export trade; 3) Foreign reprisals...
With Congress in a turmoil over a new outburst of its perennial tariff war, the latest news from the front is the petition, originated by Professor Taussig, and signed by over a thousand of the foremost economists protesting against the Hawley-Smoot Bill. Like most such protests, this petition will probably be pigeonholed while the Senator from Massachusetts, with an eye to a future election, pleads for a raise of the tariff on textiles or the Senator from Idaho thinks that his constituents would profit by further government protection of the wool market...
...conference within the week. The House conferees would be: Oregon's Willis Chatman Hawley, Massachusetts' Allen Towner Treadway, New Jersey's Isaac Bacharach (all regular Republicans) and John Nance Garner of Texas, Mississippi's James William Collier (Democrats). The Senate conferees: Utah's Smoot, Indiana's Watson, California's Shortridge (regular Republicans) and North Carolina's Simmons. Mississippi's Harrison (Democrats). The conference voting will normally be 6-to-4 for high rates. The conferees will become the final tariff writers. In dispute between the House and Senate...
After six and one-half nightmarish months, the Senate last week wound up its consideration of the Hawley-Smoot Tariff Bill. It passed the Bill 53 to 31. The measure now goes to conference between the House and Senate for adjustment of differences before President Hoover can decide whether to sign...