Detailed text transcripts for TV channel - MSNBC - 20130530:04:17:00
Bespectacled one, is senator reid smoot. senator smooth was a republican senator from utah for 30 years, starting in 1903. standing next to senator smoot is a congressman named willis holly, a republican from oregon. and together, these two handsome devils sponsored something called the smoot/holly tariff act in 1930. it raised taxes on somethings the u.s. wanted to import. it was a big tariff signed into law by the president at the time, herbert hoover, who was also a republican. president hoover signed the smooth/holly act in 1930 and pretty much everybody agrees now in hindsight that it was...
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