Word: tariff
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Dates: during 1950-1959
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Setting out to battle tariff lobbies, Convert Weeks put Commerce Department staffers to work drafting a series of studies detailing the beneficial effects of foreign trade in 120 different Congressional districts. As of last week, ten studies had been completed and hand-delivered by Commerce Department officials to the ten. Congressmen from the districts covered. Studying Commerce's brochure on Connecticut's First District (machinery-manufacturing Hartford), the district's Republican Representative Edwin Hyland May Jr. made up his mind to vote for the Administration bill...
Predictably, all this made no detectable dent in the iron-clad convictions of the House's high-tariff camp, led by Pennsylvania's husky Republican Representative Richard M. Simpson. Tariffanatic Simpson is bent on pushing through an amendment that would, in effect, leave tariff power under Congressional control, hatchet the President's power to overrule Tariff Commission recommendations for "escape clause" tariff increases-a power that Ike has used to scotch 14 of the 23 increases the commission has recommended during his five years in office...
...Administration sees it, the President must keep this authority because the interest of a particular industry must be weighed against the national interest. Last week this viewpoint got an unexpected boost from the six-man Tariff Commission itself. Louisiana's Representative Hale Boggs, one of Capitol Hill's most ardent freer-traders, asked the commission members, seated together below the Ways and Means Committee's walnut dais, whether they thought their escape-clause recommendations ought to be final. Commission Chairman Edgar B. Brossard mugwumped, but the other five members all said no. Commented Boggs: for Congress...
...exports to the U.S. will be cut rather than raised. To plead their case, ten gentlemen from Japan called upon U.S. officials in Washington to tell them about what is happening to the little town of Tsu-bame-and thereby told a tale of how even a small U.S. tariff change can bring economic disaster abroad...
...quiet them, the Japanese last October promised to cut back future imports to the 1956 total. It was too late. Before the Tariff Commission. U.S. makers of stainless steel flatware pointed to the fact that 558 workers in their own small industry of 21 companies had been put out of jobs, though total employment of 2,522 was still above what it was before the import upsurge. The U.S. makers wanted stainless-steel imports from all countries slashed to 10% of the current total. Instead, the Tariff Commission recommended duty boosts to President Eisenhower that would raise Tsubame prices...