A FLEXIBLE TARIFF
U.S. PROVISION UPHELD By Cable. —Press Associatio7i. — Copyright, WASHINGTON, Monday. The United States Supreme Court has upheld the flexible tariff provision of the Fordney-McCumber Act under which Congress approved a policy of enacting a protective tariff legislation for the purpose of fostering domestic, industries. The provision in question allows the President, upon the recommendation of the Tariff Commission, to raise or lower duties by 50 per cent, in order to equalise the cost of production at home with that in foreign countries. — A. and N.Z.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19280411.2.83
Bibliographic details
Sun (Auckland), Volume II, Issue 326, 11 April 1928, Page 9
Word Count
88A FLEXIBLE TARIFF Sun (Auckland), Volume II, Issue 326, 11 April 1928, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in