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...enacted by the Congress requires protection until final adjudication by the highest tribunal of the land. The Congress has the right and can find the means to protect its own prerogatives." '1 recommend." Having thus belabored the nameless forces which will oppose his re-election tooth " nail this autumn, the President calmed down for a summary look at the state of the nation: "We approach a balance of the national budget. [Applause, first of the evening from Republicans] National income increases. Tax receipts, based on that income, increase without the levying of new taxes. That...

Author: /time Magazine | Title: National Affairs: State of the Union | 1/13/1936 | See Source »

...President's speech. Republican Senator Borah, 70, expressed his "congratulations and esteem" on the eve of Democratic Senator Glass's 78th birthday (see p. 47). Members felicitated dressy old James Hamilton Lewis of Illinois on his narrow escape from death from pneumonia in Moscow last autumn. There were even a good-natured few willing to listen to "The Man" Bilbo expatiate on his "Dream House" in Mississippi. With the introduction of just one bill, the Pittman Neutrality measure, the Senate decorously ended its first session. That Evening the President appeared promptly behind the lectern of the Speaker...

Author: /time Magazine | Title: THE CONGRESS: In Session | 1/13/1936 | See Source »

...less conservative fashion. But with an election only ten months off this kind of conservatism no longer appeals to him. Said he last week: "The finances of the Government are in better condition than at any time in the past seven years. I say this because, starting with the autumn of 1929, tax receipts began a steady and alarming decline, while at the same time Government expenditures began a steady rise; today tax receipts are continuing a steady climb which commenced in the summer of 1933, whereas budget estimates for the next fiscal year will show a decreased need...

Author: /time Magazine | Title: FISCAL: The Figures Prove It | 1/13/1936 | See Source »

...Senator pro tern, someone who would take the job for a. year, then quit willingly and help elect Floyd Olson to the U. S. Senate. Who would be so likely to fill this bill as the man whom Mr. Olson had picked to be Governor after him? Next autumn they could politely change places on the ticket and support each other for office...

Author: /time Magazine | Title: THE CONGRESS: Senator Pro Tem | 1/6/1936 | See Source »

...battling fertilizer men of Virginia Carolina Chemical Corp. last week staged a new and surprising session of their long extended civil war. Last autumn Director George S. Kemp of Richmond brough about a complete management turnover with a new president, a new vice president and a new directorate, of which he was himself a member (TIME, Oct. 21 et seq.) In Richmond last week, while two polio sergeants saw to it that nothing more potent than personalities were exchanged, the anti-Kemp factor won a completely decisive victory. Headed by Alphonso Lyn Ivey, ousted from the presidency in October, they...

Author: /time Magazine | Title: Business: Fertilizer Fight (Cont'd) | 1/6/1936 | See Source »

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