Word: tariffers
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Should it be operated by the Government? Should it be turned loose to live or die? Should it be kept alive in an incubator by tariff protection? An interdepartmental committee, headed by popular red-faced William L. Batt, wartime rubber czar, tried to answer these questions. Its answer to all of them: No. The Batt committee hoped to turn the war baby into a healthy, unsubsidized and profit-making private industry...
...poorest nation on earth could never hope to outlive its first free month. Without the Bell Act, which the U.S. Congress passed April 30, it could probably not last a year. This act gives the Philippines eight years of free trade with the U.S., then 20 years during which tariffs will be upped gradually until they are in line with the rest of U.S. tariff policy. It will be a mighty crutch to the young and apprehensive Republic...
...this same body might do well to review the legislation that has put the Roxas government on its own. This legislation might throw a sudden chill into Filipinos warmed with the first taste of self-rule. For the Bell Bill has given Manila just eight years grace from American tariff restrictions and, to the sugar growers of Luzon, this means that in eight years the sugar will rot on the waterfronts and even the brand new Constitution won't buy the rice or balance the books...
...American "interests" being what they are, it is surprising that the Farm Bloc in the U. S. House of Representatives allowed even an eight year moratorium on the highly restrictive sugar tariff. For the sugar-beet people, wary of potential competition, have always been hard-headed about Philippine independence and even this short-run freeing of the market is viewed with suspicion from Madison to Butte. The Bell Bill was obviously a compromise, with political altruism knuckling under to politics-as-usual while the wobbly Philippine infant got the economic pins knocked out from under...
...country linked to the U. S. by tradition and two wars. As the log-rolling proceeds, Congress is unwilling to sour the sugar-beet bloc, but is perfectly willing to pat an infant-nation on the head and set it loose with one foot tied. The Bell Bill tariff exemption must be extended indefinitely lest the Philippine experiment, pride of this country's colonial ventures, backfire into the face of its proud sponsor...