Word: coals
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Dates: during 1930-1939
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...imposed for purposes of regulation rather than for the purpose of raising money, are constitutional or unconstitutional depending on whether Congress, through its other powers, is entitled to undertake such particular regulation. By inference the penalty taxes of the Bankhead Cotton Control Act, Kerr-Smith Tobacco Act, the Guffey Coal Act, cannot be upheld as constitutional taxes, can only be upheld if the aims of those acts are within the proper powers of Congress...
...pretext of the exertion of powers which are granted. . . . Resort to the taxing power to effectuate an end which is not legitimate, not within the scope of the Constitution, is obviously inadmissible." The Bankhead Cotton Act's taxes are also imposed for the regulation of agriculture; the Guffey Coal Act taxes are imposed for the regulation of coal production. Neither form of regulation is to be found among Congress' enumerated powers. Therefore, without mentioning them, Mr. Justice Roberts practically rendered in advance the Supreme Court's verdict on those laws as well...
Even if the A. A. A. had not been unconstitutional, it would have remained one of the worst acts passed in the History of the United States, ranking only with such recognized monstrosities as the Wagner Labor Hill, the Guffey Coal Act, and the N. R. A. The idea that a President should have the power to bribe districts of non-sympathetic voters with direct cash payments is unbelievable. But to have the effrontery to make these payments for nothing,--nay, for less than nothing, for refraining from doing something productive and constructive for the country--, transports...
...long the under-the-seat motor, now being adopted by other truck makers. One advantage is increased payload per inch of wheelbase, an important factor because of legal limitations on truck lengths. Short trucks are also easier to maneuver in cramped quarters, and Autocars are a favorite with coal dealers. Autocar has paid no dividend on its common stock since 1921, though in the War boom it once paid $10 in one year including a $1 "Red Cross" special. Sales have dropped about 50% since 1929 when the company took in $15,600,000, kept $854,000 as profit. Deficits...
WTith its Indiana line-an "assembled" product-White is the only truck company that blankets the entire price field. Indianas are priced as low as $695. Big Whites, like the 28-ton tractor-trailer lately delivered to a coal mining company for stripping operations, are virtually custom made and priced accordingly. White's production last year was about 8,000 trucks, 1,000 buses, with a total value of some...