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...Battle of Schedule Five of the Senate's tariff war, Old Guardsmen, led by Generalissimo Reed Smoot, chairman of the Finance Committee, had stormed the redoubt of the Democratic-Progressive Republican coalition with a demand for a higher sugar rate. The fighting was fierce and confused, with troopers switching from side to side like the tail of a fly-bitten horse. When the lines were reformed and counted, it was found that the Old Guard had been repulsed...

Author: /time Magazine | Title: National Affairs: Cubans & Housewives Glad | 1/27/1930 | See Source »

...differential below the world rate, pays 1.76? per lb. At the demand of cane growers in Louisiana, beet growers in Colorado, Michigan and Utah, the House voted a 3? sugar rate (Cuban: 2.40?). To stifle public outcry against this increase, yet give domestic sugar producers more "protection," Senator Smoot's Finance Committee proposed a world sugar rate of 2.75? (Cuban: 2.20?). Senator Harrison of Mississippi, in the name of U. S. sugar consumers (housewives) who would pay an additional $54,000,000 per year under the proposed Finance Committee plan, moved that the existing rates be retained...

Author: /time Magazine | Title: National Affairs: Cubans & Housewives Glad | 1/27/1930 | See Source »

...tariff battle then wheeled squarely into Schedule Five-the sugar sector, which was passed over earlier because of its especially controversial nature. The four-cornered sugar lineup: domestic beet producers, led by Utah's Senator Smoot, for a 2.75? per Ib. import rate (Cuban: 2.20?); domestic cane producers, led by Louisiana's Senators Ransdell and Broussard, for the House rate of 3? per Ib. (Cuban: 2.40?); unorganized consumers, led by Mississippi's Senator Harrison, for the existing rate of 2.20? per Ib. (Cuban: 1.76?); scattered farm Senators, led by Idaho's Senator Borah...

Author: /time Magazine | Title: THE TARIFF: Schedule Five | 1/20/1930 | See Source »

Combat began when Democrat Ransdell leaped to the Republican breastworks with a mighty harangue on the "absolute necessity" of sugar protection (for Louisiana). Senator Vandenberg followed this up with a devastating gas attack of statistics to show Michigan's need for a higher sugar duty. Senator Smoot, his heart beating fast for the beet-growers of Utah, delivered an impassioned attack upon the National City Bank of New York. Likewise he smote the "American pop industry" and U. S. chocolate manufacturers with large Cuban sugar properties...

Author: /time Magazine | Title: THE TARIFF: Schedule Five | 1/20/1930 | See Source »

Birthday. Senator Reed Smoot of Utah; at Washington. Age: 68. Said he: "I am drawing dividends on the life I have lived since boyhood. I've never, never drank liquor in my life. I've never smoked. I've always eaten good, plain food and loved work. I never was lazy and never saw a time when I didn't have plenty to do. I've wronged nobody...

Author: /time Magazine | Title: Milestones: Jan. 20, 1930 | 1/20/1930 | See Source »

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