Word: tariff
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...approve of what we're trying to do in the Congo. Just the same, we should only invest million, and not half." The information or educational values served reporting this opinion are not read-discernible. Similar statements from more common men clutter up a front-page article on the tariff in the second and obscure a deeply-buried but good discussion of Kennedy's trade program. The history of given issue, apparently destined to another National Observer staple, ought to be used with discretion; in tariff article, it sheds little light on what is basically an unprecedented...
...series of safeguards to protect workers, farmers and businessmen whose competitive position in the world market might be endangered by lessened tariff protection...
There was one accent in the Kennedy program that worried many otherwise sympathetic businessmen. "If we can lower the external tariff wall of the Common Market through negotiation." said Kennedy, "our manufacturers will be under less pressure to locate their plants behind that wall in order to sell in the European market"-and the net result would be a cut in the export of capital funds to Europe, thereby easing the balance of payments problem. There are a good many U.S. manufacturers who would welcome a lowering of U.S. and European tariff walls but still want to invest abroad when...
Treasury Secretary C. Douglas Dillon scores impressively for no-nonsense administration of his department, for a clear-eyed approach to such sticky problems as the gold flow, foreign aid, and tariff reduction; the new balanced budget gives Dillon another boost. He and Kennedy both cherish his Republicanism...
...Ways and Means Committee began its annual deliberations last week, Chairman Mills had charted a leisurely course that allowed a month to work on a tax revision bill, two months for the tariff-lowering foreign-trade bill. Medical care for the aged (which Mills personally opposes) will almost surely be kept waiting until July. That schedule stood as at least preliminary evidence that President Kennedy had, in his presession flight back from Florida, failed to persuade the key Congressman to quit hunkering...