Word: tariff
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Twelve Miles. Outside the three-mile limit (indisputedly U. S. domain) lies the twelve-mile limit, claimed by the U. S. for "search & seizure" under the 1922 Tariff Act. Forty-eight hours after the Josephine K. shelling, F. A. Bierkett, executive officer of the Coast Guard cutter Sebago, was ordered by Washington to determine the point at which the chase ended. His findings narrowly justified Mate Schmidt; the spot was fixed at 11.7 mi. from nearest land...
There are not enough Churchill Tories in Britain to win him an election on oratory alone, but it seemed more than likely that he would not lack for financial and press backing. Ever since Stanley Baldwin beat them so decisively on the question of a protective tariff (TIME, Nov. 10), the Press Lords Rothermere and Beaverbrook have thirsted for revenge, hunted for a champion. Britons waited last week to see if Winston Churchill was to become that champion, whether the Rothermere- Beaverbrook-Churchill combination would be strong enough to unhorse plodding Leader Baldwin...
Spain manufactures a few hundred ultrasmart Hispano-Suizas; all her other cars are imported, most of them from the U. S. Last June Prime Minister Berenguer and Minister de Viguri noted that Spain had an adverse trade balance of $91,000,000. They promptly slapped a whopping tariff on all cars. Spain's motor imports promptly evaporated...
Last week a deputation of Spanish automobile dealers waited humbly on Minister of the Interior de Viguri. Since the passage of the tariff they were ruined, they protested...
Senor de Viguri folded his large hands over his imposing stomach and replied: "Gentlemen, I am surprised that you come here to complain about a situation the government not only foresaw but intended to bring about when it passed the new tariff. We expect within a short time not only to see you up to your necks but over your heads...