The reaction to this legislation directly contributed to the electoral victory of Robert Bennett over William Lyon MacKenzie King, and it prompted Spain's passage of the Wais Bill.
The "repercussions" of this legislation are the subject of a 1934 book by Joseph Jones. The reaction to this legislation directly contributed to the electoral victory of Robert Bennett over William Lyon MacKenzie King, and it prompted Spain's passage of the Wais Bill. The aim of this legislation was to increase the rates set by the Fordney-McCumber act, and the policies it enacted were partially reversed by the Reciprocal Trade Agreement Act. Signed into law despite a petition signed by over 1,000 economists, FTP, identify this legislation passed in 1930 which raised import taxes and exacerbated the Great Depression.
The "repercussions" of this legislation are the subject of a 1934 book by Joseph Jones.
{Smoot-Hawley} tariff