Business: Traders' Council

An angry, bull-necked Argentine denounced the U. S. Tariff last week in words so strong that the U. S. State Department grew worried. Half a dozen other speakers at the National Foreign Trade Council convention in Manhattan last week sided with him. From his bountiful cornucopia of good cheer Dr. Julius Klein, Assistant Secretary of Commerce, poured reassuring Tariff figures with which to uphold the Hoover Administration. When the Council adjourned and drew up its annual, lengthy, vague resolution, the fighting word "tariff" did not appear.

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