New Left Review I/67, May-June 1971
Jon Halliday
Washington v. Tokyo: Wall Street v. Marunouchi
In November last year the us House of Representatives passed a protectionist trade bill, by 215 to 165 votes, which was condemned inside and outside the usa as the worst of its kind since the Smoot-Hawley Bill of 1930. The bill was blocked in the Senate by the pre-adjournment logjam. In January this year Wilbur Mills, chairman of the House Ways and Means Committee, announced he would re-introduce the bill during the current session of Congress.
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