When these foreigntrade agreements are negotiated or entered into. if my amendment were adopted to the present tariff act. it would make it impossible for any reciprocaltrade agreement to embody any feature permitting shipment back into the United States of any article manufactured or produced by a foreign subsidiary of an American manufacturer with factories and production facilities in foreign countries. This seems to me to be a fair proposition. inasmuch as the American industrialist who has stayed in this country. kept his investments here. and employs American labor should be guaranteed that his competitor who has built plants in foreign countries shall not be allowed to more advantageously compete with him for our American market. This is especially so. where many American industries have emigrated to other lands. leaving thousands upon thousands of their American workmen as burdens upon Federal. State. and local relief agencies. Few people realize that the desertion of American industry to foreign shores has been one of the major causes of our depression.
Keywords matched
emigrated