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Abilene Reporter News Newspaper Archive: November 18, 1938 - Page 1

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Publication: Abilene Reporter News

Location: Abilene, Texas

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   Abilene Reporter-News, The (Newspaper) - November 18, 1938, Abilene, Texas                               WIST VOL. 171, "WITHOUT, OR WITH OFFENSE TO FRJENDS OR FOES WE SKli'JUi YOUR WORLD EXACTLY AS IT ABILENE, TEXAS, FRIDAY MORN ING, NOVEMBER 18, PAGES. AMID SIGNS OF DOMESTIC CONTROVERSY- PRICE FIVE CENTS Sign Trade Pacts Treaties Extend Hull's Program To Free Trade Canada's Prime Minister, British Ambassador Sign WASHINGTON, Nov. 17 (AP) Two important new trade treaties, reducint; Amer- ican, British and Canadian tariffs on a wide variety of commodities, made their ap- creased foreign some signs of domestic contro- versy. REPLV TO TOTAUTARIANS The pacts, designed to carry for- ward Secretary of State Hull's pro- gram or eliminating the barriers to world trade, among which he See paje S for comment on trade treaties. considcrs tariffs the foremost, were signed at a White House ceremony by Hull, Ambassador Lindsay of Great Britain and Prime Minister Mackenzie King of Canada. The benefits ot the new pacts go automatically to all nations wilh which the United States has so- called "most favored nation" trea- means every country' except Germany. The rcich Is on the United States' economic "black- list" because she is accused of dis- criminating against American pro- ducts. Many officials clearly considered the new agreements a reply to the challenge presentd by totalitarian nations' trade practices, such as "the relch's barter deals. Great Britain reduced her tar- riffs on long lists of American pro- ducts, including agricultural com- modities, in return for, principally, a cut In American duties oil the output of England's huge yarn and cloth industry'. CANADA CUTS DUTIEJ Canada cut Its duties on fruits, vegetables, fishery products, paper products, some wood products, auto-' mobiles, machinery, aircraft and aircraft engines, numerous textiles, and chemicals. In addition it elim- inated a special'three per cent tar- iff so far as all items affected by the treaty were concerned. For these concessions, the United States reduced its Import on Cana- dian cattle, hogs, cheese, eggs, grains other than wheat, potatoes, fishery products, some paper pro- ducts, silver lox furs and Christmas trees. Since ths reciprocal tariff pro- gram has been the subject ot a vig- orous controversy' since Its incep- tion, the treaties are considered likely to arouse a renewed dispute when the new congress meets in January. Protests are expected fron-. the textile industry and from the dairy Industry, which In several areas has maintained that even the previous rates were too low. The program was authorized by congress over vehement republican opposition. President Roosevelt was given the power u, reduce the tariff rates of the Smoot-Hawley act by a maximum of fifty per cent in return for compensatory tariff reduction by other countries KBFUBLltAN'S OPFOSE Republican opposition continued as Hie program was gradually put Into operation. Of the cuts, however, Ihe slate department said that care had Brady gang. See TREATIES, fg. 10, Col. 6 The Weather ami VICINITY: Una ffiAtr Frlttaj; Sa IKXAH: ,-a.h, romMrranfy roo 
                            

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