Word: tariff
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Westward Ho! In Lafayette, Ga., Marine Captain H. L. Kipp, unable to get train or plane space for himself & bride to San Diego, took a cab. Tariff...
What had aroused them was the 300% increase in Canada's tariff on seamless steel boiler tubing, which had been belatedly discovered (TIME, Nov. 5) in Canada's new budget. They reminded the Cabinet that those increases, perhaps petty in themselves, were indefensible in view of the Liberal Government's repeated declarations favoring free trade...
...Cabinet tried to explain why the tubing tariff had been increased: the Government was seeking merely to protect an industry which had grown up during the war. When they had heard the Cabinet's explanation, the delegation warned the Government that unless the new tariff increases were promptly rescinded, they would vote against the budget...
...tariff was slipped unobtrusively into the budget at the last minute, during the absence in England of Canada's most articulate champion of free trade: Prime Minister William Lyon Mackenzie King-and wholly without his knowledge...
...employers might also set up a bargaining organization similar to Britain's National Confederation of Employers' Associations. But the committee recognized one inherent danger in this. In cahoots with organized labor, "it could degenerate into a peculiarly vicious kind of a protective tariff, safeguarding undue profits and undue wages...