President Roosevelt, in a so-called "amendment" to the Hawley Smoot Tarift Act of 1030, passed last session, was given to negotiate reiprocal Tariff treaties and to reduce American Tariffs 50 per cent. if need be to make a satisfactory bargain. But this power was granted as an emergency measure for three years order to help agriculture and Feopen. markets for surplus farm products. Canada produces very muh the same as Northern U.S. and would, therefore, not be market for "American farm surpluses but for" American manufactures, while if the United States granted fany favours to Canada they would have 10 consist in reductions in the duty on Canada's natural products American farmers would consider bad enough for their Government to waste time and energy in helping American industrialists; they "would consider it little short of betrayal {or their government to help Ameri can Industry by concessions on Cana-Gian natural. products, The President had another reason for turning a dear ear to Canadian suggestions that a tariff should be negotiated. Canada and the United Kingdom toke turn and turn about atthe head of America's list of largest customers, "In 1029 Canada bought more from America than any other country. She also bought, wood deal more from the UniGed States than the United States bought from. her. The President would, therefore, be at a disadvantage in any 1arlff discussions. Moreover the men to whom the President had delegated the work of carrying out the original negotiations were anxious to: feel their way and Practice on the small countries frst, Bnd preferably those which relied on the "American market and with which America had an unfavourable trade. balance.
Text read from the printed page and cleaned; old type leaves the occasional error.