Word: fordney
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Senator Smoot points out that the Fordney-McCumber Tariff cannot be held entirely responsible for a rise of three or four cents in the price of sugar, since the new rate is only an increase of .76 to 1.05 cents a pound over the previous tariff...
...measure) gave Chairman Cordell Hull of the Democratic National Committee a chance to abuse the Republicans for passing it and thus making sugar speculation behind the tariff wall both tempting and safe. President Harding, alert and cautious fearing that there might perhaps be something rotten in the state of Fordney-McCumberism, promptly ordered an investigation of the situation by the Federal Tariff Commission (which had already started one of its own) to see if he would be authorized to reduce the sugar duty as provided by the law. As the investigation will occupy from 40 days to six months, according...
...Federal Tariff Commission, which is conducting an analysis of the sugar situation to ascertain whether the President is justified in exercising the sliding scale provisions of the Fordney-Mc Cumber Tariff Law, whereby the tariff on sugar can be reduced by 50% at the President's discretion...
...record will not be written in golden characters on the tablets of Time. Although Senator Robinson is a democrat, his statement that "no important legislative achievement except bills of a non-partisan nature and except the Fordney-McCumber tariff act can be awarded the Sixty-seventh Congress" is no exaggeration. The passage of the Fordney tariff was not greeted with a universally joyous acclaim. Certain pledges made by Republicans for the creation of a soldiers' bonus have been repudiated along with President Harding's mellifluent promise of an association of nations. The settlement of the British Debt problem, although...
Washington will see Fordney, McCumber, Calder, Sutherland, Poindexter--names familiar to the majority of newspaper readers--for the last few months. Frelinghuysen "playmate of the President", France, Dupont, Mondell--will be gone. The Republicans stand a rebuked party, Lodge still there but badly shaken, Beveridge perhaps by the connotation of his name. Though speculation is already rife as to Congress in the next two years--a very small Republican majority; the balance of power in the hands of radicals Republican in name only; a "legislative moratorium"--the rebuked Sixty-seventh, and the incumbent Republicans, have still chance of accomplishing something...