Word: tariff
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
With Congress in a turmoil over a new outburst of its perennial tariff war, the latest news from the front is the petition, originated by Professor Taussig, and signed by over a thousand of the foremost economists protesting against the Hawley-Smoot Bill. Like most such protests, this petition will probably be pigeonholed while the Senator from Massachusetts, with an eye to a future election, pleads for a raise of the tariff on textiles or the Senator from Idaho thinks that his constituents would profit by further government protection of the wool market...
Meanwhile, scientists from all parts of the country, free from the influence of sectional prejudices, agree that the tariff is injurious to the nation as a whole. The import trade is lowered; large classes of people are in no way benefitted and many are harmed. The farm problem grows as the tariff increases...
...spite of the learned opposition, the discussion at Washington will continue to fill many pages of the Congressional Record. Eventually a new tariff bill will be created. College professors will write more books on economic theory, pointing out the fallacies that are the foundation of the protecting wall and in time the nation's representatives will return to debating ways and means of solving the farm problem...
...issue. President Hoover was quite aware that if the House, as he confidently expected it would, again rejected the debenture plan, it would have a strong psychological effect on the Senate to do likewise. Not the least important of President Hoover's reasons for wanting to hurry the tariff through is to make room in the Senate for the London Naval Treaty which he hopes to get ratified before June adjournment...
Immediately Montana's Democratic Senator Burton Kendall Wheeler, than whom none has more bitterly flayed the Republican "reproduction cost" principle, arose at a Jefferson Day dinner in Manhattan to propose Governor Roosevelt for the 1932 Democratic presidential nomination. He specified two issues: 1) Tariff; 2) Power. Said he: "If the Democrats of New York will re-elect Franklin Roosevelt Governor, the West will then demand his nomination for President and the whole country will elect him in 1932." Others last week thought other things about Governor Roosevelt and Power...