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...annual subsidies than ever before- 200,000,000 marks ($80,000,000) in 1937, increasing progressively to 300,000,000 ($120,000,000) in 1940 and making a grand four-year total of 1,000,000,000 ($400,000,000). Thus was inaugurated for Nazis a sort of inverted AAA whereby German farmers will be paid to produce crops & not to limit them...

Author: /time Magazine | Title: GERMANY: AAA | 4/5/1937 | See Source »

Died. William Morgan Butler, 76, one-time (1924-26) Senator from Massachusetts, manager of Calvin Coolidge's 1924 Presidential campaign; of heart disease in Boston. A co-receiver of Hoosac Mills Corp., he brought the suit which led the Supreme Court to declare the AAA's processing tax unconstitutional...

Author: /time Magazine | Title: Milestones, Apr. 5, 1937 | 4/5/1937 | See Source »

...Passed a House resolution extending the time for making tax returns on windfall taxes (the "unjust enrichment tax" to collect the bulk of the invalidated AAA processing taxes which processors had already passed on to the public). Sent it to the President who signed it two days before the tax returns were...

Author: /time Magazine | Title: THE CONGRESS: Work Done, Mar. 22, 1937 | 3/22/1937 | See Source »

...That only one important New Deal law, the Wagner Labor Relations Act, is now in danger in the Courts; that the Administration apparently has a courtproof substitute for AAA in the present Soil Conservation Law, which is adequate to deal with the Dust Bowl; that the biggest project which the Supreme Court will not allow the New Deal is another NRA, and six new judges could not make that constitutional for the Supreme Court was unanimous upon...

Author: /time Magazine | Title: National Affairs: Another Crisis | 3/15/1937 | See Source »

...North Dakota]. This is the type of legislative tyranny which is clearly a violation of due process. . . . We shall give back any money exacted as taxes . . . for the benefit of farmers . . . but we shall have nothing to say if the money is for no one in particular [Hoosac Mills (AAA) case]. And do not ask us to return money exacted from consumers for the benefit of manufacturers in the form of tariff duties...

Author: /time Magazine | Title: Law: Ex Parte Snatch | 3/15/1937 | See Source »

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