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During the last Congress there were just five Senators who had begun their service in the last century: Lodge of Massachusetts, Warren of Wyoming, Nelson of Minnesota, Culberson of Texas, McCumber of North Dakota. Lodge and Warren will see the next Congress. Knute Nelson is dead. McCumber fell before the radical onslaughts of Lynn J. Frazier and Culberson succumbed to Earle B. Mayfield and the Ku Klux Klan...

Author: /time Magazine | Title: Political Notes: Nov. 19, 1923 | 11/19/1923 | See Source »

Governor Preus, the one hope of the Republicans to keep some sort of a working majority in the Senate, was obliged by the rigors of the campaign to attack the Fordney-McCumber tariff and to keep silence about the Administration. Nevertheless, he was defeated by the discontent of the Minnesota farmers and workingmen of the Iron Range district, and by the vigorous campaigning of a capable politician...

Author: /time Magazine | Title: Magnus the Great | 7/23/1923 | See Source »

...regarded as ingratitude to Senators Broussard and Ransdell, Democrats, who supported various Republican measures, notably the Fordney-McCumber Tariff. In the South it is freely criticized as an attempt to capture the Negro vote in 1924. Says The New Orleans Times-Picayune...

Author: /time Magazine | Title: NEGROES: Cohen Again | 5/28/1923 | See Source »

...high tariff and an adverse trade balance-this is the anomalous condition brought about in this country by a peculiar set of economic conditions. When the Fordney-McCumber Tariff was enacted economists felt that it would largely cut off Europe's opportunity to pay its debt to this country in goods. Imports into the United States during March amounted to $402,000,000. This is the highest figure since August, 1920, and reflects the current trade boom and its increased purchasing. Since imports are so largely raw materials, it also reflects heavy current manufacturing. Meanwhile our exports have continued...

Author: /time Magazine | Title: TARIFF: The Balance Tips | 5/28/1923 | See Source »

Opinion is that President Harding would be taking an unwarranted extension of his powers if he should try to use the flexible clause of the Fordney-McCumber Tariff to enter into reciprocity with Canada. Moreover, to do so, would seriously antagonize certain groups of Republicans-notably the farm bloc who fought for a high tariff on farm products. And their votes will be needed by the Administration-to maintain its narrow majority in the Senate. So even if two of the neighbors-north of the 49th parallel-can agree with one to the south (the Democrats)-the fourth is still...

Author: /time Magazine | Title: TARIFF: Turnips, Hay & Fish | 5/19/1923 | See Source »

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