Show WAR WAR PERIL SEEN IN HIGH TARIFF I Secretary Hull Hits R Reciprocity Repeal i V WASHINGTO WASHINGTON April 30 10 UP tIm tIm- i Declaring that there is a a. rising I da danger ger of a catastrophic world war S Secretary Hull today attacked what he termed the supreme folly of excessive trade barriers A revival of world trade through a lowering of such barriers is necessary necessary necessary sary to halt the virulent disease of economic distress social unrest dIct dictatorships and war Hull decla declared de de- de- de cla dared ed to o. o othe the closing dosing session of the Chamber of Commerce of ot the United States Fears Fatal F Fears a Fatal Step Describing l e new de deal l' l reciprocal cal trade po cy y sa said d that if it were scrapped the tho nation would take a fatal at step p backward Hull has been pressing a program program program pro pro- gram to scale down tariffs and other trade barriers harriers by negotiating trade rade pacts with foreign countries The trade trado act provides that the executive executive executive ex ex- ex- ex branch without the consent of f congress may lower or raise tari tar- tar i Ills Cs in negotiating these agreements agree agree- ments meats Previously tariffs could be hanged changed only by act ot congress Let us face squarely what re repeal repeal repeal re- re peal would mean he urged We Ve would automatically go back to the Smoot-Hawley Smoot tariff and face once more the vicious discrimination against our trade which it caused and the virtually suicidal effort at economic self containment which is represented Tells Consequences This futile and fatal course backward backward backward back back- ward would involve a steadily increaSIng increasing in in increasing creasing aggravation of regulation and regimentation of our our economic life C Yet some some- of those who voice loudest their opposition men men- tation in general demand at tithe the same time a commercial policy that would inevitably lead to such regimentation regi regi regimentation and a permanently in increasing increasing in in- creasing dole as well The he convention after Hulls Hull's speech was asked by its resolutions committee committee com corn to attack administration tax plans condemn legislation to fix labor conditions and approve a pr proposed proposed pro pro- posed survey of or available jobs I Tho The resolution on taxation said I the first step in bringing ord order Into the finances o of tho the federal government government government gov gov- should be reduction of pf cx ex expenditures both by congress and nd by bythe bythe the executive to those amounts which are aro needed for tori efficient accomplishment accomplishment ac ac- ac- ac i of purposes which ar are necessary and appropriate for the federal government Ij j I |