Word: tariff
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President Hoover last week took a hand to speed the Tariff Bill to final enactment. The House and Senate conferees thereon were snarled. Major items were still in dispute. The main question was: Which wing of Congress should vote first? Each side, for political reasons, wanted the other to go first, to reserve the advantage of the last word. Chiefly at stake was the export debenture plan, approved by the Senate, disapproved by the President and the House...
Ford Victory. If the defeat of Buick in the new French tariff schedules is accidental and incidental, such is not the case in the victory of Ford over Chevrolet, a direct personal victory for Mr. Ford...
Months ago Mr. Ford's agents informed the French that if the tariff on parts was raised (the Ford Francaise is made in France of parts shipped from the U. S. and Ireland), Ford would set up a manufacturing plant in France so enormous that its output would completely glut the French low-priced market, drive out of business such French firms as Citroen...
...Ford threat was heeded. The new tariff bill will raise the duty on parts only 15% -but will raise the duty on Chevrolet cars (which are now imported assembled) from $300 to $437, an increase of 45% which should give the Ford salesman in France a tremendous advantage when competing with Chevrolet...
Booby Trap. So pleased were Frenchmen last week with their new high tariff scheme that they sought to get its benefits at once, quicker than the Chamber of Deputies could debate and pass the bill...