RANDOM OPINIONS
Depressing Tariffs Tariffs and other trade harriers, far from protecting the prices of crops of which we have a surplus, actually act to depress such prices. And this is true, not only of agriculture but of other industries. It is true because tariffs make it more difficult for bur foreign customers to sell their goods to us, and to that extent curtail their buying power for our surpluses, thus causing these surpluses to weigh more heavily on the market.—f William L. Clayton, U.S. Assistant Secretary of State.
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Bibliographic details
Ashburton Guardian, Volume 66, Issue 47, 5 December 1945, Page 2
Word Count
89RANDOM OPINIONS Ashburton Guardian, Volume 66, Issue 47, 5 December 1945, Page 2
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