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...gloves. Before the War these gloves were always made in Germany. When the War came and cut off the German supply, the industry sprang up in this country. More recently the German competition sprang into existence again and began to undersell the U. S. commodity. In 1922 in the Fordney-McCumber Act, the duty on these gloves was raised so that it ranges from 63% to 75%, at which it remains. None the less, U. S. factories have been compelled to shut down by German competition...

Author: /time Magazine | Title: THE TARIFF: Bobwhite Quail | 10/19/1925 | See Source »

Friction is waste. Friction was removed from a governmental cog, last week, by the appointment of William Smith Culbertson to be U. S. Minister to Rumania. Mr. Culbertson has been a Republican, a Tariff Commissioner and yet- friction's cause-not entirely sympathetic with the epochal Fordney-McCumber tariff. He joined recently with the Democratic Commissioners in officially advising the President to reduce the import duty on sugar-advice which has so far been ignored. But Mr. Culbertson has none of the insurgent's zest for battle. To cause embarrassment, embarrasses him. He was willing to resign with...

Author: /time Magazine | Title: THE CABINET: Out and Up | 5/4/1925 | See Source »

Pursuant to the "flexible" provision of the Fordney-McCumber Tariff, the Tariff Commission has made seven reports to President Coolidge...

Author: /time Magazine | Title: TARIFF: Fiction | 5/4/1925 | See Source »

...Davis on the back platform made speeches at Rockford, Freeport, Galena, Dubuque. At Omaha, he made his first major speech-on the farm problem. He declared that 1,200,000 people had been forced to leave the farms by the Republican policy of deflation. He called the Fordney-McCumber Tariff "an offense to every consumer in the U. S.," and described it as "an act to obstruct our foreign commerce, to increase the prices of what the farmer buys and to reduce the prices of what he sells. ... I am here primarily to learn rather than to teach...

Author: /time Magazine | Title: THE CAMPAIGN: The Combat | 9/15/1924 | See Source »

...President, William M. Wood. Particular interest has centered around possible political consequences of the passed Woolen dividend, which seems to contradict Republican Chairman Butler's assertion that wages of textile workers would not be reduced. Democrats rejoice that all this happened under the high wool schedules of the Fordney Tariff Act, approved by the Republicans. Critics are asking: "What are William M. Wood's political affiliations, anyhow...

Author: /time Magazine | Title: Business & Finance: American Woolen | 9/15/1924 | See Source »

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