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AMERICA'S NEW TARIFF.

COMPETITION FROM ABROAD. VABIATIOHS XH SCHEDULE. (Received 10 a.m.) WASHINGTON, August 10. With the Senate debating the flexible tariff provision of the McCumber Bill, the Finance Committee offered an amendment providing that within 60 days of the passage of the Act the President, after ascertaining differences in competitive conditions abroad and the United States, may lower or advance the rates set on any article, providing that the total increase or decrease does not exceed 50 per cent ad,valorem. Senators Frelinghuysen and Jones submitted amendments creating commissions to frame tariffs strictly on a scientific basis, eliminating what each termed i unsound political influence.—A. and N.Z.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19220811.2.37

Bibliographic details

Auckland Star, Volume LIII, Issue 189, 11 August 1922, Page 5

Word Count
107

AMERICA'S NEW TARIFF. Auckland Star, Volume LIII, Issue 189, 11 August 1922, Page 5

AMERICA'S NEW TARIFF. Auckland Star, Volume LIII, Issue 189, 11 August 1922, Page 5

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