Iron Age Volume 107

Iron Age Volume 107

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 edition. Excerpt: ...of labor no immediate relief of importance to business men can be expected. Discussing the railroad problem, he said that it cannot be solved by a reduction in the charge for labor alone; along with labor reduction must go economies all along the line. On the tariff question Mr. Williams was emphatically opposed to duties which will prevent the free exchange of goods now so necessary in view of the fact that other nations owe us billions of dollars which they cannot pay except in merchandise. On this point he said: "Without regard to previous convictions multitudes of the best business men and many of the most thoughtful newspapers of the country are loud in their condemnation of the tendency of legislation in relation to the tariff. Delegations of business men have visited Congress and in no uncertain tones have declared that the present so-called emergency tariff bill is radical and ruinous. They feel that this is no time for additional barriers when billions of dollars are owed by foreign countries to us, which cannot possibly be paid except through the importation of raw materials, food products and manufactured goods. They also look with dread upon the loss of foreign markets which they believe will result from such tariff legislation as is being contemplated. It is now a generally accepted view that all nations must prosper commercially with other nations and no one nation can expect to prosper at the expense of another. It is estimated that the new tariff act will not be passed until some time late in the summer and there are a few who expect that it will produce a revenue in excess of $500,000,000.00 annually, at the expense of the loss of a much greater sum which free exchange of commodities would produce and the business more

Product details

  • Paperback
  • 189 x 246 x 58mm | 2,055g
  • United States
  • English
  • black & white illustrations
  • 1236970578
  • 9781236970572