Swinging with accustomed wildness, the Senate Finance Committee last week assaulted one of President Eisenhower's three legislative "imperatives": the five-year reciprocal trade bill that the House had passed by a lopsided majority of 317 to 98 (TIME, June 23). In a surrender to tariff-lobby pressures and isolationist propaganda, the committee:
¶ Slashed the bill's time span from five years to three, and the President's maximum tariff-cutting authority from 25% to 15%;
¶ Provided that the President cannot overrule Tariff Commission recommendations for higher tariffs unless majority votes in both houses of Congress back him up;
¶ Broadened the definition of "national...