Republican (fascist/socialist) de facto President Harding (a resident of the Federal enclave of Ohio) signs the (protective) Fordney-McCumber Tariff Act, raising import duties on imported agricultural equipment 38.5%. This puts the nation’s farmers at a severe competitive disadvantage.
[added 6/25/2022]
Subsequent Events:
Authority:
Article I, Section 8 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states#aIs8c1
References:
Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 303.
Lawrence W. Reed, Great Myths of the Great Depression, The Freeman, 48 (August 1998): 478, 480.
us events
www.duke.edu/~charvey/Country_risk/chronology/us-events.htm
Fordney—McCumber Tariff – Wikipedia.htm
en.wikipedia.org/wiki/Fordney%E2%80%93McCumber_Tariff
The Fordney-McCumber Tariff of 1922
eh.net/encyclopedia/the-fordney-mccumber-tariff-of-1922/
Current U.s. National Debt:
