... York banker,242 America’s Great Depression 5See Frank W. Taussig, “The Tariff Act of 19 30,” Quarterly Journal ofEconomics (November, 19 30): 1 21; and idem, “The Tariff, 19 29 19 30,” QuarterlyJournal ... to intervene. 10 The next year, 19 21, saw determined and well organized effortstoward a nationwide cotton cartel. The American Cotton Association,222 America’s Great Depression 10 See James ... (New York: Macmillan, 19 52),vol. 2, pp. 291ff. See John H. Fahey, “Tariff Barriers and Business Depressions,”Proceedings of the Academy of Political Science (June, 19 31) : 41ff. urging farmers...