Recent content by atoga

In 1922, Congress had passed the Fordney–McCumber Tariff act, which had increased tariffs on foreign imports. The League of Nations' World Economic Conference met at Geneva in 1927, concluding in its final report: "the time has come to put an end to tariffs, and to move in the opposite...

The tariff was supported by the Republican party and conservatives and was generally opposed by the Democratic Party and liberal progressives. One intent of the tariff was to help those returning from World War I have greater job opportunities. Trading partners complained immediately. European...

Fallout PNP Yahoo group (not updated much though): www.games.groups.yahoo.com/group/ I'm writing a looser Fallout PNP that's less based on the CRPG rules and more like an actual pen and paper if you're at all interested; www.groups.yahoo.com/group/vault_city (files section) and it seems to...

Before the RTAA, if Congress wanted to establish a lower tariff for particular imports, it would act unilaterally, taking the foreign country’s tariff rate as fixed. Congress would choose a tariff rate that was either a little higher or lower than the median preferred tariff, depending upon the...

In May 1930, a petition was signed by 1,028 economists in the U.S. asking President Hoover to veto the legislation, organized by Paul Douglas, Irving Fisher, James TFG Wood, Frank Graham, Ernest Patterson, Henry Seager, Frank Taussig, and Clair Wilcox.[10][11] Automobile executive Henry Ford...

Late reply, but... see ya around Brios. Yea, I'll second that. Power to 4too.

U.S. imports decreased 66% from $4.4 billion (1929) to $1.5 billion (1933), and exports decreased 61% from $5.4 billion to $2.1 billion. Thus, net exports declined from $1 billion to $600 million, while GDP was $58.9 billion. According to government statistics, U.S. imports from Europe decreased...

As American duties dropped off dramatically, global markets also increasingly liberalized. World trade expanded at a rapid pace. The RTAA, though a law of the United States, provided the first widespread system of guidelines for bilateral trade agreements. The United States and the European...

The first sector of the economy that was hit by a fall in post-war demand was agriculture. During World War I, the American agricultural industry enjoyed prosperity, through the raising of prices which led to increased output which Americans used to supply Europe. Farmers borrowed heavily to...

The tariff was supported by the Republican party and conservatives and was generally opposed by the Democratic Party and liberal progressives. One intent of the tariff was to help those returning from World War I have greater job opportunities. Trading partners complained immediately. European...

The Act also provided for the reinstitution of a federal income tax[2] as a means to compensate for anticipated lost revenue because of the reduction of tariff duties. The most recent effort to tax incomes (Wilson-Gorman Tariff of 1894) had been declared unconstitutional by the Supreme Court...

The Emergency Tariff increased rates on wheat, sugar, meat, wool and other agricultural products (see all in List of taxed items) brought into the United States from foreign nations, which provided protection for domestic producers of those items. Farm state representatives saw the tariff as...

President Woodrow Wilson summoned a special session of Congress in April 1913. His immediate objective was to confront the perennial tariff question, and he brought special attention to the matter by deciding to appear in person before Congress to make his appeal. He was the first president...

Wheat: wheat flour and semolina; flaxseed: corn; beans; peanuts or ground beans; potatoes, onions, rice, rice flour, and rice meal; lemons; peanut, cottonseed, coconut, soya bean, and olive oil; cattle, sheep, fresh and frozen beef, veal, mutton, lamb, and pork; meats of all kinds of prepared or...

Exemption of $3,000 for single filers and $4,000 for married couples. Therefore the 1% bottom marginal rate applied only to the first $17,000 ($374,400 in 2010 dollars) of income for single filers, or the first $16,000 ($352,300 in 2010 dollars) of income for married filers (also see adjustments...