Show GETTING BACK TO FIRST principles the united states taught the world the tariff racket As long as we could charge the other fellow a good stiff tariff to get his goods into our country and at the same time market our surpluses abroad on a free trade basis it was highly profitable for the business interests of this country but it was inevitable that the other countries of the world including free trade england should be forced to protect themselves by adopting similar tactics the tariff game being one that ran can be played from both ends the smoot l lawley hawley tariff law was the straw that broke the camels back and brought such a flood of nationalism and universally high tariffs that international trade was almost completely stifled during the present administration reciprocal cipro cal agreements have been negotiated and signed with many nations under which the tariff bars are taken down or greatly lowered on both sides permitting of the exchange of goods and products where found to be desirable last week in washington this form of diplomacy reached its climax in the execution of a far reaching trade agreement between the united states great britain and canada under which tariffs are practically abolished on both sides which brings us to virtually a free trade basis refuting the potency of high tariffs as a means to prosper ity which for several decades was the outstanding political issue between the republican Republic anand democratic parties with this smoke screen removed the real underlying motive for all the political ral rallies libs oratory and torchlight torch light parades is revealed to have been that one party was in and wanted to stay in and the other party was out and wanted to get in almost anything can be employed as the excuse |