Word: tariff
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This recent plan for European union differs from most of its predecessors in that its basis is political, not economic. Tariff and customs cooperation is placed in a secondary position to political unity. The replies from the Powers which have been asked for July will largely determine its career. Germany holds the deciding cards, Should Germany effectively cooperate with France, Europe would come under Franco-German control, London would see its century-old balance of power slip through its fingers, and Mussolini could cry vainly for fanfares and sword-play. If Germany refuses to see this organization within the League...
...relation of Briand's Pan-Europe to the United States is vague and unpredictable. It can be said, however, that the proposed plan constitutes a definite threat against the present American tariff concessions in the individual nations of Europe. A united Europe would be in a position to refuse more liberal tariff terms to the United States than the United States at present offers to Europe. The vision of world cooperation thus suggested is still a vision; the first fragments are in the hands of Germany until July. It is significant that the suggestion should arise from...
...Southern States . . . prestige and recognition." What moved Representative Garner, as a Texan, as Minority leader of the House and as a member of the House Ways & Means Committee, to advocate this major change was the apparent victory of the industrial Northeast over the South & West in the Hawley-Smoot Tariff Bill. If the Lone Star State were changed into a constellation of five, Mr. Garner foresaw eight additional Democratic Senators from the four new States - enough to over whelm Grundy-Republican-Tariffism. And incidently, under the Garner plan, what is now Texas would cast 28 electoral votes for President instead...
...sick bed. Democrats flayed the House for trying to dictate to the Senate, while Speaker Longworth and other potent Representatives stood along the chamber wall sombrely listening. First to a vote was the Debenture. Result: 43-10-41 in favor of recession. A dozen insurgent Republicans and six pro-tariff Democrats left their parties on this issue...
Next came the vote on flexibility. Result: 42-to-42. Amid an awful hush Vice President Curtis broke the tie, cast his vote against non-flexibility. The Tariff Bill went back to conference with the House where a quick agreement was anticipated...