Word: woodflour
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Dates: during 1930-1939
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...President Hoover last week began to flex "injustices and inequalities" out of the Hawley-Smoot Tariff Act. On the recommendations of his new Tariff Commission he cut the rates on woodflour (33¼"% to 25% ad valorem), pigskin leather (25% to 15%), straw hats ($4 per doz. plus 60% to $3 per doz. plus 50%), maple sugar (8? to 6? per lb.). Upped were the rates on woven wire fencing and netting (45% to 50% and 60%). Explanation of the Commission's celerity in investigating these rate cases was its use of foreign invoice values on imports...
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