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(2) at this time as compared to a ago, ,Truman said that this result was due to cooperation of industry in the NRA. He urged that the Karke farmers ,who had benefited by an increase of more than one billion dollars in their income through federal help, in spite of the widespread drought, should decide promptly what their attitude is toward further coooperation with federal agrécultural agencies. By substituting the Hawley-Smoot tariff act,with an average 45 per cent tax,for the Fordney-McCumber act, which had an average of less than 23 per cent, the greedy industrialists of the country pulled down the pillars upon themselves," Truman declared. Before that, they took processing tax- es by the tariff route as high as they could in the United States and sold their goods abroad at lower figures. The Hawley-Smoot tariff act ruined American agriculture and industry. its Industry has been able to recoup in part by putting thofr plants abroad. Naturally,a farmer cannot move his farm plant. He remains in a nation ag- riculturally self-contained by necessity, while his brother in industry not only has his plants in foreign lands, but also is able to sell a few articles for export because mass assembly has so EX cut the cost of pro- duction that no foreign payscale,no matter how micuscopic in size can compete with his on volume of output. This manufacturer merely takes less of the processing tax the tariff af- fords him,in his sales abroad. The shop still has the farm bested in reap- ing advantages from the two processing taxes. " In spite of such disadvantages, Truman said, it will be found that the farmer now has been justified in the use of the processing tax on farm products in order to make farming pay. Iy was the original purpose of the Republican party, in departing from the policy of a 'tariff for revenue only, to make industry profitable. It is beside the point, Truman said, that the promises made by the rugged individualists among the in- dustrialists to give their workers "full dinner pails" became pure romance.

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    "ocrText": "(2)\nat this time as compared to a\nago, ,Truman said that this\nresult was due to cooperation of industry in the NRA. He urged that the Karke\nfarmers ,who had benefited by an increase of more than one billion dollars\nin their income through federal help, in spite of the widespread drought,\nshould decide promptly what their attitude is toward further coooperation\nwith federal agrécultural agencies.\nBy substituting the Hawley-Smoot tariff act,with an average 45 per\ncent tax,for the Fordney-McCumber act, which had an average of less than 23\nper cent, the greedy industrialists of the country pulled down the pillars\nupon themselves,\" Truman declared. Before that, they took processing tax-\nes by the tariff route as high as they could in the United States and\nsold their goods abroad at lower figures.\nThe Hawley-Smoot tariff act ruined American agriculture and industry.\nits\nIndustry has been able to recoup in part by putting thofr plants abroad.\nNaturally,a farmer cannot move his farm plant. He remains in a nation ag-\nriculturally self-contained by necessity, while his brother in industry\nnot only has his plants in foreign lands, but also is able to sell a few\narticles for export because mass assembly has so EX cut the cost of pro-\nduction that no foreign payscale,no matter how micuscopic in size can compete\nwith his on volume of output.\nThis manufacturer merely takes less of the processing tax the tariff af-\nfords him,in his sales abroad. The shop still has the farm bested in reap-\ning advantages from the two\nprocessing taxes. \"\nIn spite of such disadvantages, Truman said, it will be found that the\nfarmer now has been justified in the use of the processing tax on farm\nproducts in order to make farming pay. Iy was the original purpose of the\nRepublican party, in departing from the policy of a 'tariff for revenue\nonly, to make industry profitable. It is beside the point, Truman said,\nthat the\npromises made by the rugged individualists among the in-\ndustrialists to give their workers \"full dinner pails\" became pure romance."
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