The Smoot–Hawley Tariff Bill: The Republican Party Responds to Growing Excess Capacity

Bernard C. Beaudreau

Chapter 5 in The Great Depression:Its Origins in Acceleration and Electric Unit Drive, 2023, pp 107-134 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionU.S. Exports and Imports in the 1920sThe 1928 Kansas City National Republican Convention: The Tariff-Based SolutionThe Captains of Industry, Acceleration and TariffsPennsylvania Republicans, Giant Power and AccelerationObstacles on the Road to Closing the Widening Output GapHearings Before the Ways and Means Committee: The Cat’s Out of the BagRepresentative Willis Hawley Introduces the Bill in the HouseSenator Smoot Introduces the Bill in the SenateThe Party Formally Splits: 13 Insurgent Republicans Cross the Floor and Vow to Lower Tariffs on ManufacturesSummary and ConclusionsAppendix: The Petition Against the Smoot–Hawley Tariff Bill: What 1,028 Economists OverlookedThe Economics Profession and the Tariff Bill: A Glaring DisconnectHow Did They Miss ItA More Appropriate Petition

Keywords: Great Depression; Electric Unit Drive; Acceleration; Failed Transition; Stock Market Boom and Crash; Smoot-Hawley Tariff Act; National Industrial Recovery Act (search for similar items in EconPapers)
JEL-codes: B22 E02 N N12 N22 (search for similar items in EconPapers)
Date: 2023
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