TARIFF: Fiction
Pursuant to the "flexible" provision of the Fordney-McCumber Tariff, the Tariff Commission has made seven reports to President Coolidge.
Five of these have recommended increases in the tariff and have been promptly put into effect by the President:
Increase of 30c to 42c a bushel on wheat (TIME, Mar. 17, 1924).
Increase of 78c to $1.04 a bushel on wheat flour (TIME, Mar. 17, 1924).
Increase of 3c to 4 ½c on sodium nitrate (TIME, May 19).
Increase of 4c to 6c on barium dioxide (TIME, June 2.).
Increase of 1½c to 2¼c on potassium chlorate (TIME, Apr. 20).
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