Kankakee Valley Post, Volume 19, Number 10, DeMotte, Jasper County, 4 February 1949 — OKEH TARIFF BILL [ARTICLE]

OKEH TARIFF BILL

Washington, Feb. 3, Democrats overwhelmed Republicans today to ram through a House committee, 17 to 8, a bill restoring full powers to President Truman to slash tariffs in return for trade concessions from foreign nations. The bill, as OK’d by the Ways and Means committee, repeals the GOP Tariff act of 1948, which restricted the president’s power. It revives, until June 12, 1951, all th authority of the old reciprocal trade law, passed under the New Deal.