Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-29
TARIFF FAVORED
BY REPUBLICANS
To PASS-L0DCE
Majority Leader Says
Adjournment Comes
After Its Adoption.

Washington, May .2S.-Congress will
pass republican protective tariff
before it adjourns. Senator Lodge of
Ma aSsachusetts. republican leader. de-
clared Sunday in statement outlining
his views on the measure now before
the senate. He predicted that the
country woIld approve the bill, when
the time comes for the electorate to
pass judgment.
Night session of the senate will con-
tinue this week, under the tariff pro-
gram.
THE republican majority in the SEN
ate said Mr.. Lodges statement. be
lieves the policy of protection is the
surest road to the building up md
restoration of our economic interests.
That is the purpose of the pending
bill
Senator Lodge denied that the rates
proposed in the permanent bill would
have an adverse effect on the volume
of foreign trade.
Emergency Tariff
"Our foreign trade is .lot suffering
because of the tariff and we are Nv
ing now under the emergency tariff
act, which has higher rates. in many
ance committee bill,' Senator Lodge
declared. THE democrates seek to
give the impression that the increase
in our foreign trade and in trade con-
dltions throughout the country are due
to the Underwood tariff, whereas, the
figures quoted by Secretary Hoover
show increases in foreign trade which
have developed since the emergency
tariff bill became law.
zone little thing is interesting and
will prove that the resumption of our
foreign trade is not prevented by the
tariff. During the past four
months we imported in Boston 60.OOO.-
600 pounds of wool. one seventh of the
total consumption of the United States
This wool the importers are holding
in bond, awaiting the passage of he
new tariff. when they can get it in I'M
der lower rates.
Says Boom is Indicated
This importation of wool does not !
rdicate that the tariff is going to |
destroy our business with other coun !
rries. But it does indicate that the !
importers are the very men who ex-
)ect. under the new tariff. a boom in |
business, and they are preparing to |
AXE immediate advantage of the pas
sdSt VI tulS OH.
nder the emergency tariff our
fade is becoming more nearly normal |
nan that OF any other nation. After |
he present tariff bill becomes a law.
here viii be an even greater advance |
our trade, both foreign and do
nestle.
l nave been through eight tariff Je-
'ates. The importers and democrats
lIWayS put up the same camouflarcJ
ttackS that We hear today, but the
ountry invariably returns and sup
'orts republican tariff. when n new
oundation is needed by the business of
he country to rebuild an era of pros
eritv
1T is upon the protective principle
hat the great prosperity of this coun
ry has been built. We are obliged
oday to meet an economic situation
lch as the world has never seen. owing
the utterly distorted and dislocated
onditions of exchange. The funda-
rental conditions of all tariff IegisIa.
ION today are entirely different from
mat they were prior to the war.
'everthclcss this is not an argument
or delay in tariff revision. The first
sscntlai Of business is to have stabil I
Y OF conditions, so far as they de-
end upon the tariff legislation of the ,
,untry. Business can adjust itself to !
dlscouraging tariff. or oven to one {
adly constructed. better than il can i
condition of suspense and doubt | {
Our duty. as far as legislation can ,
so. is to pass the tariff and other
'onomlc measures to stimulate and -,
1courage the improvement in business. s
hich is now visible. 6