Word: hull
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...think we should reduce rates to a point where American industries would be destroyed." He had voted against the reciprocal trade bills, he said, because he thought they gave the President too much discretion. It was for this discretion that ex-Secretary of State Hull had fought so long & hard, believing that presidential power to adjust tariffs was a prime necessity for the horse-trading required between nations. Hull's underlying objective had been freer trade. Republican leaders evidently intend to 1) reassert Congress' prerogatives, 2) put on the brakes...
...allied organizations, and the British lean were essentially political, involving little divergence from accepted American over the counter relationships with the world. But the issued within the next two years will be tariffs, reciprocal trade agreements and lesser foreign loans. A continuation of the Roosevelt-Hull line would force Republicans to break with their past. On these little publicized subdivisions of policy, the country has less assurance of Republican views than on their UN stand. It must be remembered that Senator Taft, the new Majority leader, opposed U.S. acceptance of the Bretton Woods agreement, and was a strong reservationist when...
...foundations of the peace lie deep in world economics, most fundamentally in the ability of the United States to cooperate with the reconstructing European powers. Tax cuts at home may well imply the withdrawal of U.S. troops from vital occupation zones. Cooperation cannot mean tariff protectionism, rejection of the Hull reciprocity program, and the curtailment of American foreign investment,--apparent objectives of the Republicans in the 79th Congress...
...able Illinois lawyer, grandson of Democratic Vice President Adlai ("The Headsman") Stevenson (who distinguished himself by discreetly purging some 40,000 Republican postmasters when Grover Cleveland became President). Young Stevenson entered public service as Assistant General-Counsel to the Federal Alcoholic Control Administration, subsequently became assistant to Secretaries Knox, Hull, Stettinius...
...revive the habit of courtesy to customers (a wartime casualty in England as in the U.S.), Retailer Fred Trippett of Hull instituted a novel incentive plan last week. Trippett handed out envelopes containing ten shilling notes to customers chosen at random, asked them to give them to the "most helpful and considerate" clerk. Said Trippett of his plan: "I have 25 girls on my staff and it is certainly keeping-them on their toes...