AMERICAN TARIFF
the flexible provision. UPHELD BY SUPREME COURT. (United Frees Association.) (By Electric Telegraph—Copyright.) WASHINGTON, April 9. (Received April 11, 4t 0.15 a.m.) the United States Supreme Court upheld the flexible tariff provision of the Fordnew-M'Cumber Act, and gave approval to the Congress policy of enacting protective tariff legislation for the purpose of fostering domestic industry. me flexible tariff provision allows the President. upon the recommendation of the Tariff Commission, to raise or lower duties by 50 per cent, in order to equalise the tost of production at home with that of foreign countries. —Australian Press Association-
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Bibliographic details
Otago Daily Times, Issue 20380, 11 April 1928, Page 9
Word Count
98AMERICAN TARIFF Otago Daily Times, Issue 20380, 11 April 1928, Page 9
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