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To: harpseal
History? Smoot-Hawley. Enjoy.
47 posted on 10/08/2003 9:36:32 AM PDT by 1rudeboy
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To: 1rudeboy
History? Smoot-Hawley. Enjoy.

I am quite familiar with the Smoot hawley tariff which was enacted in response to european tariffs that were limiting the market for American imports. It was enacted in June of 1930 and may well have been what kept the US economy from collapsing to the point that we as a nation totally lost all vestigaes of Constitutional goverence. Of course the Smoot-hawley tariffs are almost impossible to isolate in their effects because they were enacted in combination with an income tax increase and Federal Reserve policies tightening credit. I am quite familiar with the Smoot-Hawley tariff even though I honestly can not remember if Smoot was from teh Senate and hawley from the House or vice-versa. I do know teh final tariff enacted contained all of the tariffs of both the House and the Senate.

Would you elaborate on why you think this is a significant event for those who seek no American tariffs?

52 posted on 10/08/2003 10:10:32 AM PDT by harpseal (stay well - Stay safe - Stay armed - Yorktown)
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