Word: tariff
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...weekend guests. Mrs. Hoover, slowly recovering from her seriously sprained back, was still unable to accompany him. Hard rain again interrupted the President's fishing. Four Senators abruptly hastened back to Washington to carry a mysterious message from President Hoover to Utah's Senator Reed Smoot on the final Tariff compromise...
...TARIFF...
With their hands now free to give and take, the five Senate conferees on the Tariff Bill last week moved swiftly to a final compromise with the five House conferees on the disputed items of H. R. 2667. The export debenture plan was dropped irrevocably from the measure. The rate on soft lumber, twice free-listed by the House and fixed at $1.50 per 1,000 ft. by the Senate, was set at $1 per 1,000 ft. after the Senate conferees had explained that further recession might cost them the votes of the Senate's "lumber bloc" and thus...
Flexibility held up the conference until a technical compromise had been evolved whereby the Senate gave up nine points for every one surrendered by the House. Under the present law the Tariff Commission investigates differences in the cost of producing a commodity here and abroad, lays its factual findings before the President who thereupon is free to flex the rate up or down any amount he chooses within the limit of 50% of the written law. The President thereafter may again alter the rate, with or without additional facts from the Tariff Commission...
...Compromise: The Tariff Commission would make its factual inquiry, as now, but, in addition, would determine the rate of change, within the 50% limit to equalize production costs. This specific recommendation for flexing the rate would go to the President whose duty it would be to act in 60 days. Instead of fixing the rate change for himself, he could only approve or disapprove the rate proposed by the Tariff Commission. His failure to act in 60 days would automatically put the rate change into effect on the Commission's order. Once the new rate was in effect the President...