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YOUR
CONGRESSMAN
REPORTS
By Rep. Burr P. Harrison
Congress 'now has before it President Eisenhower’s request tor a five-year extension of his present authority to negotiate mutual tariff concessions with other nations. This is the Reciprocal Trjade Agreements Program, and Mr. Eisenhower does not mince words as to his conviction of its importance. A is special message to Congress declares, in part: “The enactment of this legislation—unweakened by amendments of a kind that would impair its effectiveness—is essential to our national economic interest, to our security, and to our foreign relations.”* ,4Vi
He goes on to say that it is important ' to American working people generally that we continue to try to work out reciprocal seductions in tariffs, because, if we don’t buy something from other countries, they won’t hav7e the monev with which to buy from us. The President puts it thjfj way: -
“We can either receive the benefits of the reciprocal lowering of trade barriers or suffer the inevitable alternative of increasingly high barriers against our own commerce which would weaken our cconomv and jeopardize American jobs. t , * £
Then, from the standpoint ot national security, he makes this argument: • ,
“The Sovie* capacity to export
matched by its capacity and willirifenfts to import. It, is increasmglyjoffering to import the surpluses
non-Commumist states. In this fway, it. seeks to tie such states to Irie such states to the Soviet orbit, , and to exploit the trade difficulties .of the free world. .
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