Archive Report
Archive Report
The Hawley tariff bill, as passed by the House and now pending before the Senate Finance Committee, proposes to increase 404 of the 977 rates of duty provided in Schedule 7–the schedule entitled “Agricultural Products and Provisions.” Of the 1706 rates carried in the remaining tariff schedules, upward revision of 512 proposed by the House bill.1 In other words, 41.3 per cent of the rates in the agricultural schedule are proposed to be increased, as compared with 30.0 per cent of the rates in all other schedules.
Considered on the basis of numbers of rate increases, the Hawley bill appears materially to strengthen the policy of tariff protection for agriculture. Nevertheless, many agricultural spokesmen are highly critical of the bill in its present form. They ...