F. W. TAUSSIG, Professor of Political Economy at Harvard University; Chairman of the United States Tariff Commission, 1917-1919; author of "Tariff History of the United States" and a number of other works
THERE is a curious reversal in the attitudes taken by France and the United States in their controversy regarding tariff rates. France now takes a position which, though she once held it, was given up by her at a date comparatively recent. The United States on her part now holds to one which she has chosen within a very few years, abandoning that which she had maintained through the greater part of her history. The United States once held to reciprocity, and now stands by the policy of most-favored-nation treatment. France once held to the most-favored-nation policy, and now stands by reciprocity.
France, as need hardly be said, has proposed, in the now pending negotiations, to deal with the United States separately, -- quite without regard to what she may do for other countries. What rates of duty she may impose on products from Germany or Italy have no necessary bearing on her commercial relations with the United States. Each and every country is to be dealt with on the merits or demerits of the individual case; it is a matter of quid pro quo with each. This is what has come to be called the policy of reciprocity; a somewhat narrow use of the term, but one convenient for understanding the existing international complications...
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PERSONALITIES AND REMINISCENCES OF THE WAR. BY MAJOR GENERAL ROBERT LEE BULLARD. Garden City: Doubleday, Page, 1925.
LEAVES FROM A WAR DIARY. BY MAJOR GENERAL JAMES G. HARBORD, New York: Dodd, Mead, 1925.
THE recent Anglo-French negotiations have again focused attention on the problem of the limitation of naval armaments. Nothing is so calculated to whet the appetite of the public as an international agreement of which the existence is known and the text withheld. Now that the text of this agreement has been published the element in it which is surprising is its futility. It is hard to see by what chain of reasoning its authors persuaded themselves that it would afford a basis for a general naval understanding.
IN the last few years the traditional feelings of the United States about France have changed in a very striking manner. On the American side it may be said with some reason that the French people have similarly modified their customary attitude toward the American republic; there recently have even been noisy demonstrations of ill-will.

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