Evening star., 1933-01-27
AMERICAN TRADE
ASKS PROTECTION
Of SPECIAL TARIFF
Farrell Tells House Group De-
probation Abroad Demor-
a|izes U. S. Business.
MOSES AND WALCOTT
CALLED TO WHITE HOUSE
Tugwell and Moley, Advisers of
Roosevelt, Confer With State
Department Heads.
BY the Associated Press.

BY the Associated Press
American business today demanded
protection against imports from coun-
tries that have reduced the value of
their money.
James A. Farrell put the appeal before
the House Ways and Means Committee
IN hearings on the Hill bill to raise
tariffs against products from such
countries. The former president Of the
United States Steel Corporation spoke
as chairman of the Foreign Commerce
Committee of the Chamber of Com
merce Of the United States.
THE whole business structure is in
oculated in such a way as to be COM
pletely demoralized," he said in assert
ing that American business throughout
the world was affected by the influx of
cheaper products from these countries.
Steel Not Protected.
I'm iron and steel, with which I am
particularly familiar, we have no protec-
ton at all under present deprecated
currencies"
An appeal Of the Legislature of Wash
ington State for such protection was
delivered by Kathryn Malstrom. its only
woman State Senator.
The consideration of the step stretched
to the White House, where President
Hoover called In Senator Moses, Re-
publican, of New Hampshire, and
Walcott, Republican, of Connecticut, to
Pf fn 1n6y hn cir
At the State Department, meanwhile,
advisors of President-elect Roosevelt
were informing themselves on related
matters which will be discussed in the
Forthcoming debt and economic con-
ferenceS.
Hoover Favors Action.
Mr.. Hoover has been described as
feeling that unless foreign countries
stabilize their currencies, the United
States may have to raise its tariffs, and
House Republicans have recorded them
selves in favor of boosting duties to off
set the lowered value OF foreign cur
rencieS.
Senator Walcott said he informed the
President he intended to expose in
speech early next week a greater
amount of dumping from foreign coun-
tries than hitherto has been revealed.
While this conference was going on
at the White House, just across the
street in the State Department Prof:
Rexford G. Tugwell, an adviser OF
President-elect Roosevelt, was discuss
ing economic and debt questions with
department experts.
Prof. Raymond Moley, another asso-
ciate of the President-elect, also was
discussing that and similar problems
with other Government officials and
members of Congress. Moley spent con-
siderable time yesterday with Secretary
Stimson, talking over the British reply
to Americas agreement to discuss Great
BritainS war debt.
Neither Stimson nor Moley would say
whether a reply would be sent to Great
Britain's note but the general impress
sion in official circles was that none
would be.
The talk of Tugwell went into the de-
tails of gathering information to be
used in the discussion with the British.
Means to End, He Says.
In his appearance before the House
Committee Farrell predicted that ALI
countries will get back to the gold
standard when they have accomplished
what they have in mind to accom-
plish."
You have in mind war debts?" asked
Representative Ragon, Democrat, of
Arkansas.
yes" Farrell replied These things
are all means to an end"
What would be our position in a
debt conference with this legislation"
Ragon asked. referring to the proposal
Continued on Page S, Column g.