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...appease the silver bloc, Finance Chairman Harrison had accepted Senator McCarran's amendment turning silver back to the speculators (see p. 13). To save time he had promised to "take along to conference" a swarm of other, minor amendments. By 40 to 39 the Senate had approved Senator Borah's amendment lifting tax exemption from future issues of Federal securities. Otherwise the Finance Committee's bill had been passed intact. Bob La Follette's politically preposterous notion that the bill should be turned into a respectable revenue raiser by taxing the "little fellow" had been shrugged...

Author: /time Magazine | Title: TAXATION: Price of Passage | 8/26/1935 | See Source »

...Egregious Fiction," Idaho's William Edgar Borah, turned 70 last month, has spent his life cultivating not bees or apples but constitutional philosophy. He was primed & cocked last week when the Senate arrived at consideration of the AAAmendment which would deny processors the right to sue for recovery of taxes, even though the Supreme Court should rule that they had been illegally collected by proclaiming AAA unconstitutional...

Author: /time Magazine | Title: FARMERS: Kings, Queens & Apples | 7/29/1935 | See Source »

...Government should be fair with the citizen," thundered Senator Borah. "There is an old fiction that the Government cannot be sued without its consent. I presume we will have to admit that that fiction is pretty well established in our jurisprudence. But it originated in the most egregious fiction that was ever established in any system, that is that the king can do no wrong, because at the time it was incorporated in the Anglo-Saxon jurisprudence the king did not do anything else but wrong, and the reason why the tribunals were denied to the citizens was because...

Author: /time Magazine | Title: FARMERS: Kings, Queens & Apples | 7/29/1935 | See Source »

...colloquy was broken off when Senators Borah, Norris, George and others retired to work out a compromise. They returned to propose that recovery suits be allowed only when the processor could prove that he had not passed the tax on to consumers or back to farmers...

Author: /time Magazine | Title: FARMERS: Kings, Queens & Apples | 7/29/1935 | See Source »

...press conference next day President Roosevelt denounced "the new theory of Senator Borah," declared the Senator apparently wanted to deny to the U. S. Government the power which every other government has. But in the Senate, Georgia's George boldly declared: "When the Government runs its hand down into the pocket of the American taxpayer and says to him, 'You cannot have your day in court, it is dishonest. It is not only dishonest, it is undemocratic. And I will go further: No free government can last if once that policy has been adopted...

Author: /time Magazine | Title: FARMERS: Kings, Queens & Apples | 7/29/1935 | See Source »

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