Word: cumberlandism
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Dates: during 1920-1929
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...officio a member of the Federal Power Commission, it came to pass that Mr. Insull's lawyer, long a stockholder in the Middle West Utilities Co., sat last week upon that Federal tribunal to which that Insull company had to apply for a licence to exploit the Cumberland Falls on the Cumberland River in Kentucky. And so it was, in view of his Insull connection and of the Insull part in a political deal which the Senate has condemned, that many a Senator was grumbling about Secretary West's appointment, which President Coolidge last week asked the Senate...
That the U. S. State Department nominate, and Nicaragua's president appoint, a Collector-General and an Auditor-General for Nicaragua, both to be Americans, to safeguard the U. S. interests involved and ensure Nicaraguan stability. These officers "would be welcomed by the Nicaraguan people," asserted Dr. Cumberland...
...sight of these terms, two outcries arose in the U. S. press. Dr. Cumberland's was the most imperialistic scheme yet devised, said one outcry; and what a blunder for the State Department to have published such a scheme just when Mr. Hoover was setting forth to dispel the U. S. Empire idea in Latin-America...
Secretary Kellogg, greatly agitated, stammered out two explanations. In the first place, he called attention to the fact that the Cumberland report was put out by the State Department only as "the personal views of Dr. Cumberland," not as an official program. In the second place, he made the incredible announcement that the State Department had not known Mr. Hoover was going to visit Nicaragua. Secretary Kellogg added, vaguely, that there were some suggestions in the Cumberland report of which he did not approve...
...White House that the episode ended. "In-behalf-of-the-President"-that is, by the President himself at press conference-it was announced that the Cumberland plan would never do, that the Coolidge administration would not (again) undertake to supervise, safeguard or guarantee foreign loans made by its citizens, or to interfere in any way with another country's fiscal freedom...