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Prominent in the opposition to radical tax changes will be Senator Reed Smoot of Utah (who according to seniority rules will in the ordinary course of events be Chairman of the Senate Finance Committee), Senator Watson of Indiana (another member of the Committee) and probably most of the "administration" Republicans. In favor of the tax changes will be Representative Frear and the progressive bloc, probably allied with the Democrats, and, most important of all, Senator La Follette, who next to Senator Smoot is senior member of the Finance Committee, and might possibly (by a coup of the progressives) become...

Author: /time Magazine | Title: TAXATION: Made in Wisconsin | 4/14/1923 | See Source »

...angle was put on the investigations into the sudden rise in the price of sugar from seven to ten cents by charges of Senator Reed Smoot of Utah against sugar refiners. Senator Smoot's attitude bears weight because he is next in line by seniority right for the chairmanship of the Senate Finance Committee?the committee which passes on tariff measures. What is more, he comes from Utah, one of the four leading beet sugar producing states. These states (Colorado, Utah, Michigan and California) produce over 70% of native beet sugar...

Author: /time Magazine | Title: SUGAR: Wicked Refiners | 4/14/1923 | See Source »

...Senator Smoot points out that the Fordney-McCumber Tariff cannot be held entirely responsible for a rise of three or four cents in the price of sugar, since the new rate is only an increase of .76 to 1.05 cents a pound over the previous tariff...

Author: /time Magazine | Title: SUGAR: Wicked Refiners | 4/14/1923 | See Source »

...Smoot's attitude is not unlike that of the United States Sugar Manufacturers' Association. They point out that of the sugar consumed in this country only about 20% is produced here; so the price is fixed by those who handle imported sugar. The United States Sugar Manufacturers' Association does not, however, place the blame definitely on the sugar refiners or any one else...

Author: /time Magazine | Title: SUGAR: Wicked Refiners | 4/14/1923 | See Source »

...bill-shunned by gamblers and now doomed by a Treasury committee. (P. 25.) Senator Smoot's defense of the sugar pill...

Author: /time Magazine | Title: View with Alarm: Apr. 14, 1923 | 4/14/1923 | See Source »

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