Word: tariffers
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...will come down and see me. . . ." that would send Congress home by May 15. To do so he had to sort out those measures that should still be passed; those others that could be allowed to die; those that must not be passed. Picked for passage: 1) The tariff bargaining bill, permitting the President to effect reciprocal tariff cuts with other nations; 2) the tax bill, although the President would like the coconut oil tax eliminated; 3) the law to extend the present temporary plan of bank deposit guarantee for another year-thereby putting off the more drastic "permanent" guarantee...
Income tax receipts were almost exactly what he had expected. The tariff had proved to be a gold mine, bringing in ?17,000,000 more than anyone had estimated. General business improvement accounted for most of the rest. But what really brought the surplus to such pleasing plumpness was that no one thought Sir John Ellerman would die so soon...
...bottle, costs nearly $5 in New York. Because of this fact President Vincent is trying to persuade his countrymen to produce a cheaper spirit for export, good enough in quality to compete with the "vulgar" rums of Cuba, Jamaica, Martinique, low enough in price to slide over U. S. tariff walls...
...bill (which the Philippines rejected last year) except for the fact the U. S. agrees to give up its Army bases on the islands. The factions having fought themselves into a compromise, all had to accept it, though nearly everyone believed that the gradual rise of the U. S. tariff against Philippine sugar would eventually ruin the islands. However, with the President's cheery words still ringing in his ears, Senor Quezon left the White House saying, "I am very happy. . . ." In far off Manila Governor General Murphy (who may soon lose his authority and change his title...
...tariff bill empowering the President to negotiate reciprocal trade treaties would "destroy industries in which 5,000,000 Americans are employed," Rep. Bertrand Snell, R., N. Y. charges as the House resumed debate on the measure...