Word: tariff
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...friend Governor Roosevelt has spoken for Unemployment Insurance and is also known as quite a Water Power man, on the government-control side. Newcomers like Bulkley and Morrow must, upon reaching the Senate sounding-board, sound off loudly and repeatedly on their chosen theme-but never too specifically. The tariff should be attempted only by acknowledged economic experts. Prohibition is a theme best left alone, though Democrats are now-Wet by definition and Republicans should strive to seem amphibious...
...March 4, or else a special session of the new Congress must be called in the spring. Ordinarily the first meeting of the 72nd Congress would be on Dec. 7. 1931. This would give the nation nine months of freedom from legislative anxiety, from such long wrangles as the Tariff and Farm-Relief fights of last session...
...party's last three presidential nominees, together with Senate Leader Joseph Taylor Robinson, House Leader Garner, National Chairman Raskob and Executive Chairman Shouse?signed a manifesto on the party's future course. They said they regarded their "remark- able victory" as an "opportunity for constructive service." The Republican tariff they flayed as the "apotheosis of bad economy" but added: "Whatever changes may be considered necessary to rid the present act of its outstanding enormities, nothing is further from [our] minds than a general revision of the tariff." Other excerpts...
...that "the nature of the outcome, whether in the end a rate higher or lower than the corresponding one of 1922, depended on compromise, 'trading,' accident, and not infrequently on the persistence or dominance of some individual." He shows that the farmers themselves looked for little help from the tariff although they naturally took high rates on agricultural products when they could get them and that the manufacturers were already so well protected that no further change could be of any importance...
...criticizes the system of tariff adjustment and refers to it as proceeding in a "haphazard and irresponsible fashion." "To give the farmers higher duties on swine, corn, and meat is a continuation of the old process of trying to throw dust in their eyes." "One is often led to suspect that the pervading process of log-rolling and swapping has ended in changes which some particular domestic interest and its Congressional representative had at heart...