Government,Business and Lobbyists: The Politics of Palm Oil in US–Malaysia Relations

This paper reviews how information was utilised by the disputing parties made up of producers and consumer interests in seeking and opposing the imposition of tariff and non-tariff barriers relating to the entry of palm oil into the US market. Information was used in a variety of ways to mould public opinion and influence official US trade policy. Producers, with the support of the Government of Malaysia, countered US efforts by mounting an information-based counter-campaign. This study examines how US-based opponents to the importation of oil palm used information to influence consumer opinion and governmental decision-makers. It goes on to describe countermeasures taken by Malaysian producers. These latter measures included counter-arguments challenging spurious claims made by US-based groups. The paper also reviews the role played, and the positions taken by the US and Malaysian governments. Malaysia, as one of the world's leading exporter of palm oil, reacted to preserve and protect the interests of various stakeholders in the palm oil industry. Measures taken included greater R&D effort, stronger trade promotion and countering spurious information. This study demonstrates how information was used by disputing parties to shape consumer opinion and develop a case for policy intervention by the respective governments.     

The United States Monopolization of Bank Note Production: Politics,Government, and the Greenback, 1862–1878

Abstract

Between 1862 and 1878, the view of the United States government towards the nation's money was transformed. Early in the Civil War, the government got into the bank note printing business out of necessity, printing and issuing the first-ever federal currency. Over the following years, debates raged whether the national currency should be printed privately or by the government's bank note printer, the United States Bureau of Engraving and Printing (BEP). Matters came to a head in 1878 when Congress debated the future of the BEP. That year, in a radical departure from the past, Congress gave the Bureau of Engraving and Printing a monopoly on the production of currency, forever changing the role of the government in the nation's economy. Money, be it in the form of coin or currency, was now the exclusive province of the government – not private banks or bank note companies. This change was the result of a rare consensus between Democrats and Republicans and between the forces of the antimonopoly tradition, Greenbackism, and hard money. For various reasons, they were unanimous in believing that the government, especially Congress, should be in control of those matters affecting the monetary affairs of the country.