Word: haugenism
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...erratic. Ogden Mills is just coming in. He is a Republican and comes from the silk stocking district of Manhattan, a Harvard man, with plenty of money, able, incisive, one of the best on the Ways and Means Committee. The man with the shock of white hair is Haugen, chairman of the Committee on Agriculture whose farm bill is raising such a rumpus. You see that smart young man who is going around and making so much of a party out of this? That is John Philip Hill of Maryland, who has appropriated to himself the leadership of the vociferous...
...farm relief problem centres on two bills. The Tincher bill (supported by the Administration) carries $100,000,000 to be lent as a revolving fund to farmers' cooperatives to aid them in solving their crop surplus problems. The Haugen bill (opposed by the Administration, demanded by many farm interests), carries a fund of $375,000,000, which contemplates Government purchase of farm surpluses in emergency to maintain domestic prices, and will impose (after two years) a tax on farm products to provide for losses in the use of the fund...
...latter attitude. The situation is complicated for the Administration by the fact that many of its supporters are likely to take the same stand. Already last week eleven Republican Senators got together at luncheon to root for the farmer in a way that forebodes their voting for the Haugen bill or something similar. Among the eleven were several whose votes the Administration cannot normally count on: Norbeck, Norris, Howell, Johnson, McMaster, Frazier. But among them were also several normal regulars: Gooding, Watson, Cummins, Deneen, McNary. The first three of the latter were up for reelection. Mr. Cummins in particular, faced...
...whole situation is based on hypothesis. If a bill of the Haugen type is passed, the President will have the alternative of vetoing it. If farm depression continues, Mr. Lowden (staunch Republican with eyes to the West) and whatever Democrats and Republicans stood for the Haugen bill, will have a first-rate issue in 1928. By contrary, if the President should approve such a bill, the Government would probably get into financial hot water before...
Certainly if the House faces the issue, the debate will be bitter and Mr. Haugen will have a chance to celebrate and be celebrated as never before...