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E Rosendahl I HOOVER VETOES BOURBON TARIFF Disapproves Bill Switching Rate Change Power to Congress en n Br Associated Press WASHINGTON May 11 The house louse today sustained President Hoovers Hoover's Hoovers Hoovers Hoover's Hoo Hoo- vers ver's action In vetoing the Democratic Demo Demo- cratic tar tariff If bill which proposed to strip him of his authority to change Import duties under the flexible lex ble provisions of the thrill tariff law WASHINGTON May y 11 In a bristling veto President Hoover re returned returned returned re- re turned to the house today the Democratic Democratic Demo Demo- cratic tariff bill transferring from the executive to congress the power to aler alter alter al al- al- al ter er r rates tes His first objection was on the score of the misimpression and uncertaInty uncertaIn uncertaIn- ty y it may convey as to its purpose He contended that if the purpose of the act was to secure lower tar tariffs on the 35 per cent of or American imports imports im im- ports not on the free list it would seem that the direct and simple method of or so so doing would v be to recognize recognize rec rec- that tariffs are duties applied to o particular commodities and that thai reductions should be made on the particular commodities believed d to be beat beat beat at fault PROTECTION ESSENTIAL As a matter of fact he asserted there never has been a time in the history of the United States when tar tariff ariff protection was oas more essential to o the welfare of the American people people peo peo- plc than at present Prices have declined declined de de- de- de dined throughout the world but to toa toa toa a far greater extent in other countries countries coun- coun tries ries than in the United States My first objection to the bill Is the he misimpression on and uncertainty it t may convey as to its purpose If It the he purpose of the proponents of this act net is 15 to secure lower tariffs s on the 35 5 per cent of our imports which are not on the free list it Would seem that hat the direct and simple method olo of ol so o doing would be to recognize that tariffs are duties applied to lam lar ar commodities and to propose definite definite den nite nHe reduction of the duties on such particular commodities as are believed believed be- be to be at fault and upon which he Ule full facts can be developed Alternatively the congress is able to o direct the tariff tanH commission Under under un Un- under der the flexible provisions of the act ct of 1930 to act upon such schedules schedules sched sched- ules as are believed to be too high VALUES DIFFER DUPER Manufacturers in foreign countries coun coun- tries ries who have abandoned the gold standard are producing goods and paying for raw materials in depreciated ted currency They may ship hip th their ir goods Into the United States with great creat real detriment to the American producer pro pro- ducer lucer and laborer because of the difference dif dif- ference in the value of the mone money they hey paid for tor their raw materials and the be money they receive for tor their finished finished fin lin products Under such conditions it is imperative impera- impera tive Ive that the American protective policy pol- pol icy cy be maintained If It the Intent or the effect of the proposed bill is to remove remove remove re re- re- re move the possibility of executive acIon action ac ac- I tion Ion or to reduce tariff protection there here never was a time more on account of widespread domestic domestic do- do nestle unemployment ment and the possibilities possibilities which lie He before us The second sec sec- ond nd objection to the b bill Is that it practically destro destroys s 's the flexible tarIff tariff tar- tar Iff ff through the removal of executive authority to render conclusions of the tariff ariff commission effective This bill would again reduce the tariff ariff commission to a 1 purely advisory advis- advis ory ry body to the congress and thus I Continued d on Pasc Pl Three HOOVER VETOES BOURBON TARIFF Continued from Paje Pue One defeat a reform so earnestly sought ought ever since its first advocacy by President President dent Roosevelt and finally fully funy realized real in the tariff act of ot 1930 By the i act of or 1930 the principle of a flexible flexible ble tariff based upon determinations by a bipartisan commission subject to approval of the executive was wasand firmly and effectively established Beyond the ability to change the duties b by 50 per cent there lies within the provisions the development of the definite principle of preference of the home market for American industry workmen and agriculture based upon the different cost of production at home and abroad plus transportation to the principal markets This o open n process upon the application o of an any I responsible party is an assurance against eIther cither executive duties or no protective c tariffs upon dutiable goods the president saidA said A lOA firmly established principle of the American tariff policy is the uniform UnIform uni urn form and equal treatment of or all nations nations na na- na hons without preferences concessIons concessions concessions conces conces- or discriminations with the sole soIe exception of certain concessions to Cuba No reform is required in the United United Unit Unit- ed cd States in this matter malter but we e should have at once abandoned this principle when hen we enter upon reciprocal reci reciprocal reel reel- concessions with an any other nation na na- na- na tion That is at once unequal treatment treat treat- merit ment to all other governments gO not par par- tics ties thereto the president added I |