Word: tariffers
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When the President made an emphatic bid for tariff revision, Senate Democratic Leader Lyndon Johnson tested Ike's determination to be bipartisan. Referring to Ike's backing down on his program last spring, even though the Democrats supported it, Johnson asked if they would "find the program pulled out from under us some fine morning...
...Wiley reminded the President that the White House had "fixed up" the domestic watch industry, but had done nothing for Wisconsin cheese. Alarmed, Leverett Saltonstall spluttered that relief for his Massachusetts watchmakers had been long overdue. And Republican House Leader Charley Halleck added that, come what may, peril-point tariff protection is here to stay. After that exchange, fraught with trouble for a liberalized trade policy, Ike and the legislators got along better...
...timidity of the Randall Commission's recommendations was rooted in the notion that a bolder program could not get past high-tariff Republicans in Congress. President Eisenhower did not back the Randall proposals with his full prestige, and protectionists in Congress killed the program anyway. But Ike has decided to try again in January, and he should have more luck, since low-tariff Democrats will occupy the key committee chairmanships in both House and Senate...
...would be made available to the have-not nations without military or political strings, but each borrower would be expected to concentrate on those industries for which climate and resources best fitted it: there would be no "partnership" money to set up uncompetitive prestige industries, which might require high-tariff protection...
...Steel Authority. One favorite for the job: Robert Schuman, whose "Schuman Plan" started it all. Though politically the European dream stirs no great enthusiasm these days, the economic side of it is surprisingly perky. Largely as a result of the Schuman Plan, and its creation of a common tariff-free market, Jean Monnet reported last week that...