Show VAlUATION PLAN NOT APPROVED Commercial Club Resolution The board of governors of the Commercial Commercial Com Com- mercial club today rescinded resolution resolution tion No 7 passed last week weel as an indorsement of the American valuation valuation tion plan of tariff regulation Following Following Follow Follow- ing the vote to rescind the matter was tables The American valuation plan would place a prohibitive tariff on all foreign foreign for for- eign products by fixing duties on each cach imported article that would bring the entry price of foreign goods to the level of the same goods of American manufacture On consideration members of the board decided that to place an absolutely absolutely prohibitive tariff on all Imported Import import- ed articles would prove a detriment to this country in that the consumers' consumers price on made American goods could then be boosted without fear of foreign foreign for for- eign competition and failure to en encourage encourage en en- courage imports would eventually wipe out exports leaving the United States with a home marl market et only |