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[[preprinted]]
FEDERAL TRADE INFORMATION SERVICE
AND BANKERS' INFORMATION SERVICE
[[image of U.S. Capitol Building]]
WASHINGTON, D.C.

HOMER JOSEPH DODGE PRESIDENT
F.H. GRANE VICE PRESIDENT
EDWARD A. GROSS TREASURER
J. BOND SMITH SECRETARY

THE PUBLICITY CORPORATION INCORPORATED IN THE DISTRICT OF COLUMBIA
WASHINGTON AND NEW YORK

PUBLICATION AND BUSINESS OFFICE: SUITE 1708, 175 FIFTH AVENUE, NEW YORK
TELEPHONE: ASHLAND 7642
[[/preprinted]]

^[[checkmark]]

To Importers, Exporters,
Manufacturing and Producing Corporations
And their Counsel.

A new Administration has taken up the reins of Government at Washington at a time which never has been surpassed in importance in the history of the nation. The American people are looking to this Administration to introduce new policies of Government and new methods of regulating business. At the same time, the officials are looking to the people for a new and broader measure of assistance in directing the activities which will affect all branches of life. American business has insisted upon a more business-like Government and the officials chosen are looking to the leaders in the business world -- the stewards of American prosperity -- for active cooperation.

After eight years of Democratic Party rule, the change to the new regime will be fundamental, particularly as to legislation affecting the conduct of business. It is generally recognized that the post-war problems now confronted are scarcely secondary in importnce to the emergency of war itself. The war legislation was admittedly [[underlined]] temporary [[/underlined]] whereas now Congress is about to address itself to the framing of laws designed to have a [[underlined]] permanent [[/underlined]] effect upon American business.

First on the new program stands drastic revision upward of the tariff. President Harding and his advisors in Congress have agreed upon a general revision of tariff law. This legislation urgently is called for to prevent the dumping of foreign goods in this market in competition with our own products. Without this protection, it is claimed, the unemployment situation will be aggravated and serious industrial depression will ensue. Leaders in the Government and in the business world insist that tariff revision is the quickest pathway out of the industrial depression which has made itself felt during the last ten months.

The Committee on Ways and Means and the Finance Committee, the House of Representatives and the Senate all will contribute to the enactment of this legislation and its progress will be featured by day to day changes affecting particular policies and specific commodities. To know what is hap-