Word: tariff
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...like water from a sponge. More than the customary "hands-across-the-sea," the Ambassador's speech was authoritative advance notice of what the President's delegates would offer at the London Conference. The U. S., he cried, was "at last prepared, through proper agreement, to lower tariff barriers so that international trade may begin to move again.'' To Republican protectionists in the U. S. he sounded almost like a free trader. But even Edward of Wales uprose to take his side against "the vice of economic nationalism...
...rear was Michigan's Senator James Couzens, the only Republican the President could get to serve. To silence its sideline coaching, the President still hoped to send Congress home before the W. E. C. opens June 12. But he had not yet submitted legislation empowering him to juggle tariff rates to conform with any bargains struck at London...
...does not succeed, the economic isolationists, captained by Assistant Secretary of State Moley, will go to bat. Their objective will be a national economy of self-contain-ment. At hand for their innings they will have plenty of brand new heavy bats-the farm relief act, inflation, tariff uppings, embargoes...
...years the majority of American people believed that the higher the tariff, the higher the wages and the general level of prosperity in the country would be. Now they have learned the grim lesson that with the highest tariff the country has ever had, more than 13 millions have no wages...
...visiting Austria. This was a $3,000,000 slap to Austria's tourist business. But it squelched patriotic Austrians who have wanted a Middle European combine (an-schluss), far more effectively than Chancellor Dollfuss had been able to do. Last week Dollfuss. primed to slap back with a tariff wall against German goods, held his hand, called a Cabinet meeting. Last year Austria bought 32,000,000 more from Germany than it sold...