THE NATIONAL CHAMBER OF COMMERCE
unfair competition require that some investigations in matters relat-
ing to the tariff should be conducted abroad by our government.
For the accomplishment of these purposes, however, experience has
shown it is unnecessary, as well as prejudicial to the development
of our international trade relations, to maintain a system requiring
production of books and disclosure of production costs for foreign
producers, shippers and merchants under penalty of exclusion from
our market. We consequently urge that Congress so change our law
as to assure that all investigations which are made abroad in rela-
tion to our tariff will be conducted in such a manner as to foster
good relations. (Resolution, Fourteenth Annual Meeting, 1926.)
TAXATION
Tax PAYMENTS BY INSTALLMENTS
Whereas, The payment at one time each year of Federal war
taxes of large amounts has often been a great burden and incon-
venience to individuals, firms, and corporations, and
Whereas, Such single annual payments by the enormous agere-
gate amount of them bid fair in the future to be a disturbing influ-
ence to the banking business of the country to the inconvenience of
the public, and
Whereas, The Bill now before the Congress foreshadows a vast
increase in the embarrassments to the country; therefore,
Be it Resolved, That the Chamber of Commerce of the United
States strongly recommends to the Congress that the bill or law be
so amended as to cause the total tax, when above a certain amount,
to be payable in four quarterly installments. (Resolution, War
Convention of American Business, 1917. This resolution was
reaffirmed at the annual meeting in 1918.)
WAR REVENUE AND Tax Laws
Resolved, That the Chamber of Commerce of the United States,
recognizing the particular difficulties in the way of obtaining imme-
diate legislative relief from certain inequalities of the present
revenue and tax laws, commend the action of the Secretary of the
Treasury, through the Commissioner of Internal Revenue, in calling
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