Word: tariff
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...self-styled 'realists' who are trying to scare the American people by spreading worry about 'misguided idealists' giving away United States products are some whose policies caused us to give away billions of dollars of stuff in the decade of the '20s. Their high tariff prevented exchange of our surplus goods. And so we exchanged our surplus for bonds of very doubtful value...
...well as Mr. Morgenthau, was on its way toward creating a national debt of over $200 billions. Would business recognize that the Government budget and Government debt policy can have a massive effect on employment or disemployment? The war through Lend-Lease had cut across old tariff and trade patterns, and had linked the economic health of England, and, through England, a dozen other nations, to that of the U.S. Would business recognize a world of internationalism-or would it retreat again to isolationism...
John Bracken, the shrewdest practical politician western Canada ever produced, was presented last week with leadership of Canada's Conservative Party. A free trader and Canadian Canadian (as distinguished from English Canadians, French Canadians, Scottish Canadians, etc.), Bracken took over on his own terms from the traditionally high-tariff, pro-Empire Tories. For good measure he forced them to change the party name from Conservative to Progressive-Conservative...
...Conferred with some of his Congressional leaders on the molasses-slow progress of the bill he requested for wartime authority to suspend tariff and immigration laws. But at week's end a rebellious Congress still balked at his request...
...present tariff and immigration laws are not geared for wartime efficiency. At times they have even resulted in revealing to the enemy vital information concerning Allied movements. Not wishing to act on his emergency powers, the President has asked Congress to suspend all laws regulating movement in and out of the country of persons, property, and information...