U.S.A. ELECTIONS

Hokitika Guardian, 21 October 1932, Page 5

U.S.A. ELECTIONS

DEMOCRATS’ ATTACK ON OPPONENTS’ HIGH TARIFF. (United Press Association —By Electric Telegraph-Copyright.) SAN FRANCISCO, October 20. A charge that a Canadian market for ten million dollars worth of Californian oranges yearly had been deshpy'ed by the Republican Party’s Smoot-Bawley Tariff Bill was made by iMr William Gibbs MaeAdoo, the Democratic nominee for United States Senator for California. He claimed that nearly ninety per cent, of all of tia :e oranges exported from California went to Canada, in the year 1930, but that "to-day the market bias been closed by reason of the new retaliatory tariff ot one dollar Lve cents. per box on oranges by Canada —not to protect any home industry, but to retaliate against the exorbitant, excessive tariffs placed on Canadian products by the Smoot-llawley Bill.”

HENRY ford. SUPPORTS HOOVER. NEW YORK, October 19. Mr Ford, who recently compelled all of his 'employees to vote for Mr Hoover, to-night, in his first appearance befor e the microphone, urged the nation to re-elect the President. The commodity mid stock market, but particularly the Chicago wheat market, received a tlbrill to-day when an unconfirmed rumour was circulated that Mr Henry Ford would announce late in thfc evening, during a radio laddress, his intention to buy seventy-five million bushels of wheat at sixty cent 1 ? per bushel to sell it to China, on a seven year? credit. Wheat gained a cent per bushel. Stocks rose fi'Oin one to four points, and commodity prices responded, hut the Ford officials immediately denied the report.