|
|
|
Book Review
Cautious Visionary: Cordell Hull and Trade Reform, 1933-1937. By Michael A. Butler. (Kent: Kent State University Press, 1998. xii, 240 pp. $39.00, isbn 0-87338-596-9.)
|
Why does Cordell Hull not readily come to mind when we think of great United States statesmen? According to Michael A. Butler, Hull was a visionary who shepherded through Congress the Reciprocal Trade Agreements Act of 1934, one of the most significant pieces of legislation in our history and one that fulfilled Secretary of State Hull's cardinal aim of lowering tariffs. This law, which still authorizes reductions in trade barriers, has done incredible things, claims Butler. It resolved the long debate over the tariff in favor of free-traders, strengthened the New Deal, enhanced the executive branch, changed domestic politics, paved the way for American involvement in a global economy, and founded the post-World War II international order. |
1 |
|
This is so much hyperbole. Important though it was, Hull's trade program did not dampen protectionism. It hardly ranks with labor, social security, or neutrality legislation in its impact. It was only one of many ways the executive branch grew in power, since a growth consensus in politics was evolving with or without the Trade Agreements Act. And Hull's insistent linkage of trade to peace notwithstanding, trade agreements prevented neither aggression before the war nor the Cold War after it. |
. . . |
There are about 346 more words in this article.
Please log in (or, if you are not yet an
authorized user, please go to the
User Setup page) to gain full access rights. Or if you're already logged in register your subscription.
|