Word: guffey
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...coal. On each of these tons producers lost an average of 11?. This state of affairs in the $3,500,000,000 coal industry was no 1936 phenomenon; save for a brief respite under NRA it has been the normal condition of coal since 1923. After NRA came the Guffey Coal Act (also found unconstitutional) and finally last spring the Guffey-Vinson Act creating a seven-man National Bituminous Coal Commission. This body, with powers much like those of an NRA code authority (minus jurisdiction over labor practices), had as its first big job to fix minimum coal prices. Last...
...Guffey-Vinson Act split the U. S. into 23 coal-producing districts, each with a branch office supervised from Washington by the B. C. C. Also created were ten minimum price areas. Nos. 1, 2 & 3 (covering Iowa and all the U. S. east of the Mississippi), which produce 80% of all U. S. soft coal, are those affected by last week's price setup. The rest of the U. S. will be put under a similar price code in a few weeks. In each of the 23 producing areas each quality and size of coal is classified according...
...guard against regimentation and bureaucratic unfairness, the Guffey-Vinson Act established a Consumers' Counsel (at present Senator Couzens' onetime Secretary John Carson) whose duty it is to protect the public. So far he has had about 200 complaints to present to the Commission. Most publicized came from the Association of American Railroads which last week asked that the new price schedules be delayed for further study because they mean a $20,000,000 added annual burden to the greatly depressed U. S. railroads. B. C. C. refused. In case coal prices begin to get out of hand...
...iron industries originates upwards of 20% of U. S. railroad traffic, not for the first 45 years that the Interstate Commerce Commission was in action did it have a Pennsylvania member. In 1933 President Roosevelt remedied this state of affairs and did his political ally. Senator Joseph F. Guffey of Pennsylvania, a favor by giving an I. C. C. berth to Senator Guffey's brother-in-law Carroll Miller. Mr. Miller, a lanky six-footer whose lantern jaw, stooped shoulders and pince-nez make him look like a schoolmaster and whose extraordinary drawl and dry wit sometimes make...
When Senator Guffey had heard Senator Burke call his radio speech "cheap stuff, tawdry stuff;" when West Virginia's Rush Dew Holt had called him the ally of "bosses and corruptionists" and when Senator Wheeler, shaking a long lean finger at his enemy, had croaked: "Lay on Macduff and damned be he that first cries Hold, Enough," the Senate had seen a very bitter scene of personal animosity...