Word: tariff
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...need for aviation development, for more airports. He has a bill pending to enlarge the Department of Commerce's powers in investigating civil air accidents. He is the Senate's most airminded Senator, might well be rated its aeronautical expert. His zeal for a high tariff combined with his professed ignorance of tariff matters led to his disastrous use of Charles L. Eyanson, assistant to the president of the Connecticut Manufacturers Association (TIME, Oct. 28). Eyanson was sent to his office to tell him what Connecticut manufacturers wanted out of the Tariff, to supply him with economic arguments...
...Adopted (40 to 35) tariff amendments putting cement on the free list, reducing the rates on straw hats and handkerchiefs, raising rates on flaxseed...
...Rejected tariff amendments raising rates on certain vegetable oils (49 to 26), lowering rates on rayon yarns and filaments...
...breakfast tables every morning as the sole panacea which can save the Empire from fiscal ruin (TIME, Dec. 2). Ingeniously they call it "Empire Free Trade" or "E. F. T.," because Englishmen are free traders by tradition. But their E. F. T. consists of two inseparable projects: first abolish tariffs among the lands of the British Empire; second, put a high tariff on anything entering the Empire from anywhere else. Plainly the scheme should be labeled "Empire Free Trade plus Imperial Tariffs...
...only two real objections to this magnificent scheme," said Mr. Lloyd George with concentrated sarcasm. "One is that the Dominions will never grant free trade to each other or to England; and the other is that Englishmen will never undertake the erection of a tariff wall against the rest of the world. Otherwise I think the scheme is all right." Two days later in Canberra, Australia, the Dominion Prime Minister, blunt Laborite James Henry Scullin practically echoed the Welshman. "There is no hope," said he, "of getting Australia to agree to allow the goods of every other part...