FOREIGN RELATIONS

Evening Star, Issue 21570, 16 November 1933, Page 11

FOREIGN RELATIONS

AMERICA'S TARIFF POLICY A CHANGE ADVOCATED Press Association—By Telegraph— Copyright MUNCIE (Indiana), November 14. The Secretary for Agriculture (Mr Wallace), in an address here, said that the United States should reduce tariffs or cut production, adopt a compromise course, and be ready to stick to it for ten or fifteen years. The United States should make an early but deliberate decision as to its foreign policy and follow it in all its implications. Failure to adopt a sound course in foreign relations. had cost United States farmers many billions of dollars. “ Foreign loans are all right provided at the time they are made we are certain we will have a tariff- policy which permits of their repayment.”, He stated that if a policy of nationalism was decided on it might be necessary to have compulsory control of marketing, licensing of ploughed fields, and base and surplus quotas for every farmer for every product for each month in the year. “ If wo follow an international programme we absolutely must receive great quantities of goods from abroad. If wo decide to lower our tariff only part of the way and reduce our acreage only part of the way we must have courage to do sufficient of both to ensure that the job is done.”