Word: valorem
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...Association reversed its traditional pro-tariff stand and asked for the bill's rejection. The National Cigar Leaf Tobacco Association did likewise. The American Importers & Exporters Association urged a veto on the ground that the new tariff rates (highest in U. S. history; an average of 41% ad valorem on all dutiable commodities or 20% above the present law) "will cause ill will and reprisals which will make it impossible for us to develop the export trade necessary to the continued prosperity...
Shingles. House rate: 25% ad valorem. Senate rate: free. Again Chairman Hawley pleaded for the top rate, again he offered to compromise on 15% ad valorem, again the House swept him aside, put shingles on the free list...
Chamber and Senate last week passed legislation to increase duties by weight instead of ad valorem on imported motor cars (TIME, April 21). The Chamber later carried a Government motion waiving the usual six-week Easter recess, compelling Parliament to sit and sweat over a complex social insurance bill already debated to distraction...
These two cars are in a vastly different Price class but in nearly the same weight class. Under the present French tariff, ad valorem ("according to value"), a high priced Packard pays a high tariff of $1,182 per car, and a medium priced Buick pays a medium tariff...
...Ministry of Commerce announced suddenly that the present ad valorem duty on imported cars would be collected not on the basis of the price in the foreign country of manufacture (as has been standard practice) but on the basis of the price in France...