Word: tariff
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...Tariff benefits on export crops. Any student of U. S. farm legislation could quickly recognize these principles as the basis of Peek's 15 years of agricultural agitation, as the basis of the McNary-Haugen bill he instigated and lobbied through Congress to be twice vetoed by President Coolidge. In 1932, said Mr. Peek last week, he rushed to the Roosevelt bandwagon because these same principles were stated in the Democratic platform and reiterated by Nominee Roosevelt in campaign speeches. "I was fooled by President Roosevelt's promises; I believe that Governor Landon is the kind...
...radical, too, the Conference thought, for His Majesty's Government to have omitted the essentially Conservative step of putting a tariff on agricultural produce. This would raise British food prices for the benefit of such staunch Conservatives as the farmer and the squire- "The very backbone of England, Sir!" as more than one Margate Conservative stoutly said. In short, the Conference atmosphere last week was not 1936, but at least as far back as 1836. This fact made headlines because there was no "human interest" news about what the Prime Minister had had to say at Margate or about...
...they will be turned out themselves by French police. Whether or not Premier Blum would stick by this seemed more than doubtful, but with the "Blum franc" established last week he next took the most drastic step of his career. Ever since the World War nations have upped their tariff walls while they talked about downing them. Acting instead of talking this week, Leon Blum slashed French tariffs more deeply than has been done in any country since the War and at the same time swept away more than 100 of the even more vexatious import quotas which have long...
...Socialist French Premier. Il Duce decreed 40% reduction in the value of the lira, bringing it to approximately 19 lire per dollar, and he also sweepingly reduced Italian import duties. Thus Fascist Italy, ordinarily considered a super-Nationalist State, was the first to follow the French lead to tariff appeasement and a better economic world. To Washington and to London was presented a supreme opportunity to join in for international economic peace and increasingly Free Trade. "It is necessary," declared Benito Mussolini, "to abandon temporary settlements and enter the field of permanent adjustment...
...France the immediate effects of the measure remained in greatest doubt. Any reduction of tariffs of course treads on certain toes with resultant squeals. While one school of economists hailed Blum this week, another considered the Premier to be taking the risk of snatching away from French producers by his tariff slash benefits which he had just conferred by devaluing the franc. Apparently the Premier's idea was to keep prices in France from rising by letting in cheap foreign goods. He thus played the card of Devaluation in a manner exactly opposite to that of President Roosevelt whose...