Tariff revision was perceptibly braked last week in the Senate Finance Committee. Republican revisionists on the committee seemed suddenly to have lost their ardor for "embargo duties." President Hoover was given "assurances" that the Senate's tariff bill would be held within the bounds of his desires. For this change in tariff tempo were four explanations:
1) Public opinion. Senator Reed Smoot, high-tariff chairman for the Senate Finance Committee admitted: "I have found very little demand for changes in the tariff. . . . Many of the heavy duties proposed by the...
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