Economic Planning and the Tariff: An Essay on Social Philosophy

By James Gerald Smith | Go to book overview

III. PROVISIONS OF THE TARIFF ACT OF 1930

Sec. 332. Investigations
A. INVESTIGATIONS AND REPORTS. --It shall be the duty of the commission to investigate the administration and fiscal and industrial effects of the customs laws of this country now in force or which may be hereafter enacted, the relations between the rates of duty on raw materials and finished or partly finished products, the effects of ad valorem and specific duties and of compound specific and ad valorem duties, all questions relative to the arrangement of schedules and classification of articles in the several schedules of the customs law, and, in general, to investigate the operation of customs laws, including their relation to the Federal revenues, their effect upon the industries and labor of the country, and to submit reports of its investigations as hereafter provided.
B. INVESTIGATIONS OF TARIFF RELATIONS. --The commission shall have power to investigate the tariff relations between the United States and foreign countries, commercial treaties, preferential provisions, economic alliances, the effect of export bounties and preferential transportation rates, the volume of importations compared with domestic production and consumption, and conditions, causes, and effects relating to competition of foreign industries with those, of the United States, including dumping and cost of production.
C. INVESTIGATION OF PARIS ECONOMY PACT. --The commission shall have power to investigate the Paris Economy Pact and similar organizations and arrangements in Europe.
D. INFORMATION FOR PRESIDENT AND CONGRESS. --In order that the President and the Congress may secure information and assistance, it shall be the duty of the commission to--
1. Ascertain conversion costs and costs of production in the principal growing, producing, or manufacturing centers of the United States of articles of the United States, whenever in the opinion of the commission it is practicable;
2. Ascertain conversion costs and costs of production in the principal growing, producing, or manufacturing centers of foreign countries of articles imported into the United States, when-
____________________
3
Reproduced from the Sixteenth Annual Report of the United States Tariff Commission ( 1932), pp. 148-52.

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