AMERICAN TARIFF.
increases denounced. LECONOMISTS ISSUE APPEAL. (Received, May 5, 5.5 p.m.) NEW YORK, May 5. A statement has been issued by 1028 prominent economists who are members 0i the American Economic Association fl nd tho representatives of 179 colleges Jn 46 States urging Congress to reject an increase in tariffs, or Mr. Hoover's veto if Congress passes the bill. Wo aro "Convinced that increased restrictive duties would be a mistake," says tho statement. "They would operate generally to increase prices, thereby encouraging concerns with higher costs to Undertake production. This would compel tho consumer to subsidiso a waste of efficiency in industry. Tho farmers would suffer doubly arid tho export trade in general would suffer. American manufacturers do not need highpr tariffs. Few could hope to gain from such a change."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19300506.2.66
Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20556, 6 May 1930, Page 11
Word Count
132AMERICAN TARIFF. New Zealand Herald, Volume LXVII, Issue 20556, 6 May 1930, Page 11
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.