NEW DEAL CONDEMNED

Northern Advocate, 11 June 1936, Page 9

NEW DEAL CONDEMNED

ROOSEVELT FOREIGN TRADE POLICY ATTACKED (Received 10 a.m.) CLEVELAND, June 9. The most severe condemnation to many features of the “New Deal” was an attack, launched by Mr Frederick Steiwar in his address against Mr Roosevelt’s foreign trade treaty programme. The speech was bitter in the extreme, but nowhere more bitter than in its disapproval of trade bargaining, which is rampant. Under this head, Mr Steiwar said: “One of the fundamentals of the established national policy is tariff protection and efficient American production. America does not propose to destroy the opportunity of our citizens by surrendering this protection. The Reciprocal Trade Agreement Act has increased the sale in our markets of goods produced by aliens, which our producers could have supplied.

“Agreements have been negotiated right and left with shrewd foreign traders, who have reduced the rates on articles which they - desire to import into their countries, whereas the administration’s pretended good neighbour policy, has resulted in America’s reduction of duty on agricultural, dairy and forest products, of which we already had a surplus.

The net result is a downward revision of the tariff, which has seriously impaired our American system of protection. We must realise that the administration desire and hope to rescue the world at our expense has injured American industries and agriculture and added to unemployment destitution and want. The combined reckless, uninformed trade agreement, plus the administration’s monetary policy, are fast putting the nation foreign control. Mr Steiwar added: “Over three long

years we have had a Government without political morality.” Then he demanded honest mor\ey, a Government run in a businesslike manner, no importation of goods which could be made or grown in the U.S.A., prosperous agriculture, competition in business, reduction of taxation, the elimination of Government competition in business and the avoidance of foreign entanglements.