Word: bill
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Dates: during 1920-1929
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...food for Republican thought as the Senate Finance Committee returned to this bitter-sweet subject of tariff-writing. Full committee hearings were held on a plan for a sliding scale of sugar duties proposed by Chairman Reed Smoot as a substitute for the flat rate in the House tariff bill. Senator Smoot spent the weekend with President Hoover at the latter's Shenandoah National Park camp site, returned convinced that the President will approve the bill if his sliding scale is inserted, pondered sugar solemnly with the President...
...this clamor, Senator Smoot proposed a scale of sugar duties that would vary inversely to the wholesale New York price of sugar. His purpose was to stabilize that price at $6 per 100 lb. Insistent was he that it would produce sugar rates lower than those in the House bill. The top rate in the Smoot scale would be $3 per 100 lb., the bottom $1. Cuban imports would still benefit by a 20% differential. When sugar was exactly at $6 per 100 lb. the tariff would be $2.20, the present duty, with Cuba paying $1.76. The duty would decline...
...That Republican Senator William Edgar Borah of Idaho should oppose the flexible provisions of the proposed Tariff Bill occasioned no great surprise in Washington. That he should express his opposition by a formal statement from Democratic National Committee headquarters, as he did last week, was surprising indeed. With a gleeful rattle a Democratic mimeograph ground out this Borah opinion: "There is no better illustration of the growth of bureaucracy than the story of the flexible tariff. . . . We are now delegating the full taxing power to the Executive...
...uneasy lest the U. S. and the Empire might soon "compete in armament as political oppo-nents." Of course no one feared actual War. But the Coolidge Naval Limitation Conference had broken down (TIME, Aug. 15, 1927); and Congress had passed what the British press called a Big Navy bill (TIME, Feb. 20, 1928). Therefore last week millions of Britons of every party-Labor, Liberal, Conservative-breathed fervent relief as the armament-race demon was definitely scotched. The three chief scotchers were President Herbert Clark Hoover, Prime Minister James Ramsay MacDonald and Ambassador Charles Gates Dawes-an engineer, a Socialist...
Last fortnight he directed from his sick room the ratification by the Chamber of Deputies of a bill approving the bitterly contested debt settlement by which France agrees to pay the U. S. some $6,847,674,104.17 over 62 years. Presently the Senate approved the bill 300 to 292, and President Gaston Doumergue signed a decree enacting the debt settlement into law. Not until then did the stern old "Lion of Lorraine" feel free to dash upon paper the final resignation he has so long wanted to sign...