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Clayton's gripe about the tariff, to wit: The tariff raises Southern cotton production costs above world costs; hampers cotton exports by impeding industrial imports...

Author: /time Magazine | Title: Letters, Aug. 31, 1936 | 8/31/1936 | See Source »

...Constitution Governor Landon could not aid needy farmers with State funds, he set out to make others do the job. Through his efforts. Western railroads cut their fares one-third on hay and one-half on other feed shipped in for starving stock. The Santa Fe Railroad halved its tariff on water shipments. The WPA chipped in with 5,000 jobs...

Author: /time Magazine | Title: National Affairs: First Work | 8/17/1936 | See Source »

...effort to outwit the Doctor, the U. S. Government, after a study of his methods, concluded that the various kinds of Schacht marks amounted to a German Government subsidy of goods shipped to the U. S. and retaliated with countervailing duties under the Tariff Act of 1930. For the benefit of U. S. customs inspectors German exporters were required to swear to statements of the amount of any German subsidy they received. Whether President Roosevelt knew it or not, under Nazi law it is high treason to divulge such German economic secrets to a foreigner, much less to swear...

Author: /time Magazine | Title: GERMANY: Marks of War | 8/17/1936 | See Source »

...meddling with the economic machine is, to him, the supreme sin. Before the Bankhead Act] before the AAA crop reduction program, before cotton loans were instituted, before the Hoover Farm Board started to thrash around in the futures markets, Will Clay ton's favorite hate was the tariff. Said he, when ploughing-under was rampant: "There is only one means of preserving a correct balance between supply and demand in a great world commodity like cotton, and that is through the corrective influences of competitive price levels established in the free markets of the world - a harsh method, perhaps...

Author: /time Magazine | Title: Business: Cotton & King | 8/17/1936 | See Source »

...Roosevelt is that to win the 1936 campaign Republicans must appeal to other moderates who like progress but not too much of it, and that much not too fast. Those moderates, he warns, are in sympathy with most of the New Deal aims. He himself likes its tariff policies, its securities and stock exchange regulation, its bank deposit insurance, its handling of strikes and championship of Labor. He approves of public works, regulation of public utilities (including government "yardsticks"), easy farm and home credit and a more equitable distribution of the nation's wealth. Strong for social security...

Author: /time Magazine | Title: National Affairs: Middle-of-the-Roader | 8/3/1936 | See Source »

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