Word: rayburnisms
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Certainly President Roosevelt never gave the nation's powermen any false hopes. By word for six years, by deed for two, he has warred on public utilities locally and nationally. That has been the most consistent of the Roosevelt policies. Even so, a thorough reading of the Wheeler-Rayburn bill to abolish public utility holding companies (TIME, Feb. 18) left the industry chilled and dazed. But not for long. Sincerely convinced that the enactment of such stringent legislation would not only wipe out hundreds of millions invested in holding company securities but come very close to wrecking...
...last week, as a result of the utilities' appeal, Congressmen were receiving more telegrams and letters on the Wheeler-Rayburn bill than on any other pending legislation. Missouri's Senator Clark declared that one day's mail swamped him with 6,000 protests. It was estimated that at least 500,000 citizens had urged their representatives to kill or modify the bill. The campaign's effect was apparent not only in the coatrooms of the Capitol but within the Administration. Chairman Sam Rayburn of the House Interstate & Foreign Commerce Committee began to grumble about "propaganda" long...
...good Texas Democrats who mortally hate & fear the thought of Federal meddling in their State's biggest business. It was the Texas delegation that succeeded in shelving the toothy Thomas-Disney oil control bill in the last session of Congress. Even last week Texas' Congressman Sam Rayburn, who chairmans the powerful House Interstate Commerce Committee, took time out to thunder: "I will not vote to make one man dictator of the third largest industry...
...speaking in terms of political hyperbole. Two days later Representative Rankin renounced his aspirations for the Speakership. Later in the day Representative Rayburn did the same: "There are no alibis. Under the circumstances, I cannot be elected." And next morning Representative Bankhead dropped out of the contest. Assured of election to the highest House post on the first ballot next month, Democrat Byrns began to expand, to think of himself as already belonging to the immortal company of great Speakers. To an old acquaintance who called him "Mr. Byrns," he said, "Call me Joe? or Uncle...
...heavy. All the defeated would-be Speakers were potential candidates for this No. 2 House job, and in addition several others. The Southern Democrats, being perpetually in office, possess by seniority most of the best committee posts: Buchanan of Texas heads Appropriations; Steagall of Alabama, Banking & Currency; Rayburn of Texas, Interstate & Foreign Commerce; Vinson of Georgia, Naval Affairs; McSwain of South Carolina, Military Affairs; Mansfield of Texas. Rivers & Harbors; Rankin of Mississippi, Veterans; Bankhead of Alabama, Rules. In the next House, however, some two-thirds of the 322 Democrats will come from the North and West and they, too, would...