The 16-months-old Tariff Bill went back into the Senate again last week, where regular Republicans gambled on its life and won.
Last autumn the Democratic-Progressive coalition voted into the measure the Export Debenture Plan and a provision taking from the President his power to flex rates 50%. Later the Senate, passing the Bill, sent it to conference with the House with instructions to its conferees not to compromise. The House conferees returned to their body and received a mandate to reject the Debenture and non-flexibility (TIME, May 12)....
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