The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-12-10
LITTLE CHANCE
FOR TARIFF BILL
LONGWORTH EXPRESSES
PESSIMISTIC VIEWS
Problems Of International Re-
lations Following the
War Big Factor

New York, Dec. 9.-Tar!ff revision to
restore IN" principle of protection Tor
Nn"r:can industries forms task hedG'
ID about with 40 many new problema
difficult OF solution that no carly action
hy congress IS /" DC expected, krprrsch-
tdtivc Nicholas LongSworth. ohio, q
member of the house ways and means
committee. declared here tonight In hd-
dressing the Academy Of Political Sci
cnceS Earlier in the day. Mr.. Long
worth told the aSSociatiun of life m
Surance presidents that substantial tax
reductions III the near future were I'M
possible.
Il sincerely hope that I am wrong"
Mr.. Longworth declared. in discussing
tariff revision. and that during tn"
extra session, We VIII hc able 10 conn
pletr 4 thorough and scientific revision
oT the tariff laws. but | am bound L"
confess that so far as can now see
into the future. the prospect is decided
The ohisf Problem.
Chisf among the problems TO be con-
frontcd in such revision, the speaker
placed determination OF the attitude OF
the United States toward assisting In
ihr economic rehabilitation OF the pow
erS associated with II in the world war.
Such aid should be extended, he said,
but never 'at the sacrifice of American
industrial independence" through throw
ing down the tariff bars 10 foreign
products.
Citing President Wilson'S proposals
To congress in this regard u year ago.
Representative LCnGworth said the on
aCtment into law of such doctrine
would bring absolute disaster TO Amcr!-
can business and industry" 1t was true.
he said. that the war had changed com
ditions and that favorable trade ba!-
ance, formerly "a feather in our cap
an asset since 1t had reached an aggr"-
gate of nearly $4,000. 100000 for mo
years 1918. 1919 and 1920 up |" Scptem-
Der
ito such an extent hat we ought L"
abandon all the standards and policies
of the past and. forgetting our home
market. enter into mad scramble FOR
the worlds market
Even II that were 4 wise policy, we
would cut a pretty sorry figure in at
tempting to gain the worlds market
once we lost our market At home
Home Market In Danger.
AR, Longworth added it was doubt
ful whether throwing open American
markets 10 aid Great Britain. Franc.
selves and discharge their debt to the
United States would accomplish its pur-
pose, Those nations. he said. had high
labor costs compared to some other Tor
eign powers and The latter probably
would capture American markets II par
riersa were removed.
NIf3It should be found wise to en-
tend Preference TO the DEBTOR nations
Mr.. Longw-orth continued. 80 far as
tariffs are concerned II seems TO me
that there Is hat one practical way TO
bring II about, and that is through tho
medium of separate, reciprocal trade
agreements. | corcede that such agree
ments would be difficult OF negotiation
but they ought not to be impossible,
"As to whether this would be wise
policy, I am not now prepared to say"
-. . Discusses Forodgu Trade.
Other speakers at the dinner included
AMBASSADOR JusSerand, of France; Irving
r. Bush. Frank y. NS.nderlip and Thos
w. Lamont.
United States will never dominate the
markets Of the world until foreign
market becomes a necessity 10 our man
utacturcrs." said Mr.. Bush. The lrou-
bic has been we have never really gone
after foreign trade. Only few Amerl-
can foreign trading houses have been
established on a basis sufficiently firm
to meet the competition Of great world
trading machines built by years OF et-
fort hy other nations. have faith that
IN" same energy and capacity which mas
drvrlOprd this country from humble
beginning. will find way 10 meet the
competition Of other nations in foreign
markets..
For tho Open Door.
Tariff subjects were discussed at the
opening session OF the academy. The
speakers included W. 5. CuibertSun. Of
the United States tariff commission;
Albert q. duncan. formerly president of
the national association OF cotton man
ufacturerS; Dwight Morrow. OF j. J..
Morgan IL Company and Edward y.
DinGlcy.
The interest Of the United States and
the long run interest Of all nations. Mr.:
Culbcrtson said. ''lies in the adoption OF
the open door principle. The basic
commercial theory OF mandates under
the League OF Nations, he declared, is
the open door"
The tariff policy Of the United
States" Mr.. Dingle said. should be one
that gives it's manufacturers, producers
and wage earncrs the benefit of home
products and markets.
Protection he added. us national
ism translated into terms OF economic
science"