Word: tariff
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Congratulations to Parker's Parker and Pan Am's Juan Trippe [TIME, Oct. 27]. Mr. Parker made the statement of the century concerning tariff elimination: "We'll take our chances on U.S. production and merchandising savvy any time against all comers . ." Protective tariffs today heighten the cost of living for the consumer. They cheat the producer of the advantage and necessity of meeting competition in foreign markets . . . Mr. Trippe's decision to keep abreast of the times by purchasing $6,300,000 worth of jet liners from Britain's De Havilland Co. . . . makes possible foreign...
...After seven years of aid, many European nations have realized that the time has come to stop aid and permit them to stand on their own feet and trade with the U.S. The only way Europeans could do so was by a drastic revision of U.S. foreign trade and tariff policies. Many Republican businessmen were among the loudest plumpers for lower tariffs (see below...
...Pennsylvania, Republican Edward Martin, 73, who has not been defeated for political office in half a century of politicking, won again, over former Federal Judge Guy K. Bard. A onetime Democrat and son of a sheep-raiser, Martin turned when Grover Cleveland took the high tariff off imported wool. A wounded veteran of World War I, Martin commanded Pennsylvania's 28th Division (as a major general) prior to World...
...much more healthily, Europe's businessmen are conducting an all-out campaign for "Trade, Not Aid." Last week, five U.S. allies-Denmark, The Netherlands, Canada, Australia and New Zealand-charged that U.S. tariff restrictions on imported dairy products are a flagrant violation of the worldwide General Agreement on Tariffs and Trade (GATT). "It is incomprehensible," said a Danish delegate to GATT, "that the U.S. prefers to continue to assist us through dollar grants from the American taxpayer . . . instead of allowing us to pay in goods for dollars we urgently need to buy American products." The Dutch, even angrier, slapped...
...Opponents of free tariff. 10. Stevenson has promised labor he will...