Word: tariff
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...multi-lateral treaty, with the U.S. binding participants to the pledges of self-help and mutual aid laid down in the Paris report. Bilateral pacts with individual nations would commit each participant to 1) increase production (particularly in steel, coal, transport and food); 2) stabilize its currency; 3) cut tariff walls; 4) dig up hoarded assets; and 5) make strategic raw materials available...
...would help the world to help itself. Looking at the export-import gap, no trader could soundly think that this was going to be an easy job. In 1947, the U.S. had made a tiny down payment on the job of reviving world trade. It had agreed to cut tariffs. Tariff cutting was meaningless unless other nations were able to make the goods to sell the U.S. And 1947 had shown that the gap between what they received and what they shipped was too big to cross without a new kind of bridge. Thus, to the small down payment...
...Rate. To help ease the U.S. aluminum shortage, the State Department plans to cut the 3? tariff on Canadian aluminum to 2? and allow Aluminium Ltd. of Canada to sell raw aluminum at 14? a pound, the U.S. base price. This was bad news for Henry J. Kaiser's Permanente Metals Corp. and Reynolds Metals Co. Only last June, Reynolds shut down one plant and Kaiser canceled the opening of another to prevent overproduction. Now they were hastily attempting to reopen them...
They had remodeled the first few floors of a building on Gravier Street and called it International House. It became the symbol of the brisk new day. International House was designed to draw New Orleanians together in a common aim, to stop cutthroat competition, oppose tariff barriers, sing the praises of the Mississippi Valley and cultivate the commerce of all the world...
...stern Calvinist preacher, Boyd Bode was brought up to be "a good 16th Century Calvinist." At school in Illinois, he dutifully mastered his catechism, the doctrines of predestination and a high tariff. At home one day, young Bode remarked that something might be said for Evolution. His father rushed out of the house, hitched up his horses, and drove all day, praying for his son's soul. "For me," said Bode, "it was a period of unmitigated suffering...