THE NATIONAL CHAMBER OF COMMERCE
Nevertheless we consider it desirable to restate the position of
the Chamber on this subject, previously expressed by a duly author-
ized referendum of all of its constituents.
In order to avoid the complete disturbance of business which
invariably follows a general revision of the tariff, we believe that a
permanent tariff commission for the continuous study of the subject
should be organized, with sufficiently stable tenure of office to be
independent of all political considerations.
All information secured by such commission should be available
to either House of Congress and to the President, should be confined
to ascertained facts, and should exclude recommendations unless
called for. (Resolution, Third Annual Meeting, 1915.)
TARIFF PRINCIPLES
Legislation should be enacted permitting in the event of changes
of economic factors adjustment of tariff rates by administrative
authorities within limits prescribed by Congress for the purpose of
maintaining a consistent tariff policy.
A Tariff Adjustment Board should be created to administer
adjustable rates.
There should be reasonable protection for American industries
subject to destructive competition from abroad and of benefit to
any considerable section of the country.
The anti-dumping legislation of May, 1921, should be main-
tained in principle.
The principle of maintenance and encouragement of our export
trade should be observed in tariff legislation so far as consistent
with reasonable protection for American industries of benefit to any
considerable section of the country and subject to destructive com-
petition from abroad.
Tariff legislation should be framed and administered with a view
to meeting discriminations, direct or indirect, by other countries
against American trade. (Referendum No. 37, submitted December
1921.5
TARIFF INVESTIGATIONS ABROAD
Safeguarding the public revenues, making effective the provi-
sions of our tariff laws, and protection of honest importers against
[ 02 1
