Word: tariff
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...United Kingdom joined hands this week in a Declaration of Principles which may well be the foundation stone of future economic relations between the two countries. The agreement moves to exorcise the specter of post-war debts; to break down tariff barriers on a scale undreamed of; to cement a post-war economic union. In Washington Acting Secretary of State Sumner Welles and Britain's Ambassador Lord Halifax signed the agreement...
Certainly the policy we adopted since 1920 was not that of a great crusading nation. Complete isolation, the Hawley-Smoot tariff, and a profit making reparation policy are hardly milestones on a path of virtue. Having failed to win the peace we walked out on world government as completely as any one. We gave up the cause liberals in all countries were fighting for and set ourselves to a completely self-motivated course...
...start off on the principle that we just cast her loose we'll end up where we are now again. To fit Germany into the pattern of the future requires both a complete internal reeducation and an external policy of conciliation. We can't set up a ring of tariff barriers around her and expect to keep her at peace for instance...
Died. Richard Steere Aldrich, 57, retired Republican Congressman from Rhode Island (1923-33), brother of Mrs. John D. Rockefeller Jr. and Manhattan Banker Winthrop Aldrich, son of Rhode Island's late Senator Nelson W. Aldrich (Payne-Aldrich tariff); in Providence...
...State Department, according to the usual "informed sources," has asked the British to cooperate in a post-war plan removing restrictions on the flow of international trade. This would mean perhaps the end of the Empire preferential tariff program. In turn, the U.S. would have to reconsider its own tariff structure from stem (1922 Fordney-McCumber Act) to stern (1930 Smoot-Hawley...