Word: tariffers
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...other censure action was taken against Connecticut's Republican Senator Hiram Bingham in 1929. Bingham brought into an executive session of the Senate Finance Committee, as his aide, the assistant to the president of the Connecticut Manufacturers Association. Since the committee was discussing a tariff bill of particular interest to manufacturers, the Senate found that Bingham's action was "contrary to good morals and senatorial ethics . . . (tending) ... to bring the Senate into dishonor and disrepute." Bingham served the rest of his term, unsuccessfully sought re-election in 1932, and retired from politics...
...cheer for the import of Scotch whisky, but perhaps there ought to be a stiffer tariff on Scotch whimsey. The latest cinematic highball, High and Dry [TIME, Sept. 13], is every bit as charming as your excellent movie reviewer says it is, in fact, so relentlessly charming that about halfway through one longs for a refreshing draft of Mickey Spillane. But underneath all the charm, the picture is a perfect allegory of America's fate in Europe...
Hottest Thing in France. Italian-born Motorman Pigozzi, 56, has had a supercharged rise in the French auto business. He left the scrap business in 1926 to become the French distributor of Italy's Fiat cars. When he ran into import and tariff troubles, he took over a small assembly plant in France. In 1934, after assembling 32,000 Fiats, he bought out a bankrupt auto factory near Paris for $300,000 and organized Simca (Sociéte Industrielle de Mécanique et Carrosserie Automobile). Gradually he loosened his ties with Fiat, and today Simca, while it still...
...industries that have been hard hit, such overall statistics are no substitute for empty order books. Some of these industries have already been helped, e.g., President Eisenhower has authorized $300 million in stockpile purchases from U.S. mines. Others are now hoping for tariff increases. But many can do better by helping themselves. The wood screw industry, for example, is being undersold 25% by foreign competitors (using American-made machines), chiefly because of low wages abroad. But the National Machine Co. of Tiffin, Ohio, exporter of wood screw machines since 1935, is now working on new models that are better than...
...TARIFF INCREASES on lead and zinc, recommended by the Tariff Commission, were rejected by President Eisenhower, who thereby spiked fears that his watch-tariff boost (TIME, Aug. 9) indicated a protectionist trend. To bolster U.S. mining, Ike announced a sharply increased stockpiling program for lead and zinc...