Word: tariff
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...Immediately after taking office he resorted to it to reassure the public about the banking crisis. He resorted to it to win public acceptance of NRA. He resorted to it to get his gold bill passed. And last week when he made the first move in his long delayed tariff policy, he resorted to persuasion once again. To Congress he sent a message stating a simple fact, dramatizing it with an appeal to human sympathy, reinforcing it with a man-to-man appeal for understanding...
...action which he hoped for was passage of a bill giving him power to bargain with foreign nations for reciprocal trade agreements and on his own authority to raise or lower U. S. tariff rates by not more than 50%. He might have added that although he hoped for early action he hardly expected it. Often and candidly his Congressional advisers have told him that a tariff proposal would stir up a storm at the Capitol that would last most of the summer...
Washington. March 9--The White House announced today that all quotted restrictions on liquor importation wealth be lifted for a temporary period in order to improve the supply and lower price. The tariff of $5 a gallon is also affected by the program...
...equally old-fashioned to oppose giving Mr. Roosevelt by the tariff-making authority the power of life and death over the part of American business and industry which has been dependent on a protective tariff. After all, hasn't the NRA the power of life and death in fixing the wages and hence the selling costs of American business and industry in domestic trade? Once the principle of a "planned economy" is conceded, the right to negotiate tariff agreements with other nations and to say what particular businesses must either become more efficient or pursue some other line of industrial...
...facts mistakes may be pointed out before it is too late to remedy them. The NRA meeting this week, together with the sessions last week, marks a milestone in the history of American business. The code authority members here were chosen by industry itself. Many will protest against tariff changes. Members of Congress from districts that have had and need protective tariffs will declaim and conscientiously object to change. The vote will show a split in the Democratic as well as the Republican parties, but Mr. Roosevelt will...