WORLD TRADE: Whither Tariff Policy?

To find a policy path in a jungle of opinions and interests, President Eisenhower last summer appointed a 17-member Commission on Foreign Economic Policy, headed by Inland Steel Co.'s Board Chairman Clarence B. Randall (TIME, Aug. 24). The commission, currently holding closed-door hearings in Washington, is expected to report to the President early next year. Meanwhile, the determination to find a sound foreign-trade policy has set off a major tariff-policy debate in the nation.* Last week, two familiar figures spoke up: ¶ In Manhattan, Henry Ford II was the principal speaker at the first big meeting of the Committee...

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