Word: planned
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Dates: during 1920-1929
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Sugar last week became food for Republican thought as the Senate Finance Committee returned to this bitter-sweet subject of tariff-writing. Full committee hearings were held on a plan for a sliding scale of sugar duties proposed by Chairman Reed Smoot as a substitute for the flat rate in the House tariff bill. Senator Smoot spent the weekend with President Hoover at the latter's Shenandoah National Park camp site, returned convinced that the President will approve the bill if his sliding scale is inserted, pondered sugar solemnly with the President...
...Smoot Plan. The present duty on world sugar is $2.20 per 100 lb., on Cuban sugar $1.76. Loud have been the protests against this increase, ominous the warnings to consumers. To quiet this clamor, Senator Smoot proposed a scale of sugar duties that would vary inversely to the wholesale New York price of sugar. His purpose was to stabilize that price at $6 per 100 lb. Insistent was he that it would produce sugar rates lower than those in the House bill. The top rate in the Smoot scale would be $3 per 100 lb., the bottom $1. Cuban imports...
...complaint there was at the committee hearing on Senator Smoot's plan. Beet sugar growers did not think it would give them adequate protection. Farm representatives called it a "risky experiment." Senator Smoot's co-author of the Tariff Bill, Congressman Willis Chatman Hawley of Oregon, complained the plan should not "be even considered." Mississippi's Democratic Senator Pat Harrison commented sarcastically on the "fretful condition of this newborn sugar baby." "Certainly," said he, "the sleepless nights Senator Smoot must have spent with this crying curiosity . . . entitle him to a rest...
Another idea of his was "A Business Man's Plan for Settling the War in Europe," developed in 1915. The nations ignored it. But some of his suggestions have grown into the General Treaty for the Renunciation of War proclaimed at the White House last week. However the civilian honored by invitation to watch the ceremony was not Charles L. Bernheimer. but Salmon Oliver Levinson, also a Jew, who has developed similar thoughts more strongly, more largely (TIME...
...Porter Plan. Eastern roads are looking forward to the fall announcement of a rail consolidation plan prepared by Claude R. Porter of the Interstate Commerce Commission. Details of this plan have not been made public, but almost any definite program would be preferable to the present uncertainty as to the I. C. C.'s position on almost every rail project...