Word: tariff
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Brooklyn and Boston, Princeton and Montclair heard the polished periods of Newton Diehl Baker. His refrain: "The Hawley-Smoot tariff was conceived in sin and born in iniquity." He charged that with this law the Republicans declared economic war on the rest of the world...
...Treasury took in during this period only $566,358,376 compared with $714,918,740 for the same period last year. October receipts were a skimpy $129,400,000 of which $13,600,000 was in income taxes and $24,744,027 in customs receipts. The Hawley-Smoot tariff yielded $46,561,529 in October 1931. Miscellaneous taxes on which rates were increased accounted for $78,000,000 of the October revenue or $32,500,000 more than was collected from these sources the same month last year. The Treasury had hoped for about $100,000,000 per month from...
Once again certain Tories were after the snowy scalp of James Ramsay MacDonald last week. As usual the attack was led by High-Tariff Tories. Backed by the potent Beaverbrook Press, 150 of them huddled together in a secret meeting, then rushed the Cabinet with a demand for a 4d-a-pound tariff on foreign meats (with a tuppenny rebate for the Dominions) to protect the British farmer...
Whatever the King's subject accustomed to a ''Free British Meal Table" may think of the new tariff barriers raised by the Ottawa Conference, it seemed last week the best of all possible pacts to Leslie Hore-Belisha, Financial Secretary of the Treasury. Said he: "Failure of the Ottawa Conference would have meant the end of the Empire. . . . Dissolution of the British Empire would have meant dissolution of the world. . . . We have avoided that...
...service (29 years) and chairman of its powerful Finance Committee is long, lanky, lugubrious Reed Smoot whom Utah voters summarily retired for Democrat Elbert D. Thomas professor of political sciences at the State University. The defeat of 70-year-old Senator Smoot whose name adorns the discredited Republican tariff, was attributed in part to his failure to get something done at Washington to up silver and copper prices...