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When the House voting was over Chairman Hawley cast up his winnings and his losings. He had triumphed on only three points while his low-tariff adversaries had trounced him badly on five others. By and large the House had turned against his super-protectionist proposals, had sided with the Senate for lower rates. Hawley winnings...

Author: /time Magazine | Title: THE TARIFF: Winnings & Losings | 5/12/1930 | See Source »

Flexibility. Jealous of the President's power to flex tariff rates 50%, the Senate amended the bill to nut flexibility entirely in the hands of Congress. Aware of President Hoover's liking for this flexing power Chairman Hawley rounded up a substantial House majority to exclude the Senate provision from the bill...

Author: /time Magazine | Title: THE TARIFF: Winnings & Losings | 5/12/1930 | See Source »

...tariff rates Chairman Hawley's losings were as follows...

Author: /time Magazine | Title: THE TARIFF: Winnings & Losings | 5/12/1930 | See Source »

...Senate rate: free. With pitiful tales of 80,000 lumbermen jobless in the northwest, due to Canadian competition, did Chairman Hawley plead for the House rate. Sensing defeat, he offered to compromise at 75? per 1,000 ft. But the House, in a low-tariff mood, would not compromise, voted (250-to-143) for the Senate's freelisting of lumber...

Author: /time Magazine | Title: THE TARIFF: Winnings & Losings | 5/12/1930 | See Source »

...Canada as in Great Britain tariff changes go into effect the day after they are announced by the responsible minister, but subject to confirmation by Parliament plus Royal assent. If these are not forthcoming a most awkward series of rebates and payments has to ensue between the state and people who have imported goods meanwhile, but such is the law. At Ottawa last week Finance Minister Charles Avery Dunning raised a terrific commotion in the Dominion Parliament by bringing in a budget the chief feature of which was 500 tariff changes, the whole so controversial that it seems likely...

Author: /time Magazine | Title: CANADA: Dunning Retaliates? | 5/12/1930 | See Source »

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