Word: smoots
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...President named Edgar Bernard Brossard of Utah to be a member of the U. S. Tariff Commission. Mr. Brossard has served the Commission as an economist since 1923, and is represented as a high tariff advocate. Senator Smoot recommended him. This is President Coolidge's third appointment to the Commission-all three, including one Conservative Democrat, are high-tariff advocates. With Chairman Marvin and Mr. Glassie, who are of the same opinions, the high-tariff advocates control the Commission five to one. A year ago, a low-tariff group of Democrats and Progressive Republicans controlled the Commission...
...course, such funding of the debts as has been done or as is in prospect is on much more lenient terms* than Mr. Yoakum proposed. Recently, he went to Mr. Coolidge with another proposal for funding outstanding debts. Mr. Coolidge referred him to Senator Smoot who is a member of the Debt Funding Commission. Mr. Yoakum saw Mr. Smoot last week and this time his terms were very lenient: 79 years instead of his former 50 for payment. He would likewise have the first year's interest payment be paid on he 79th year, the second year...
...found that Senator Smoot was fully impressed with the great and far-reaching importance of promptly reaching a settlement. . . . On the other hand, he cannot overlook the fact that any adjustment arrived at between the representatives of the foreign nations and the Debt Commission of this country will have to go to Congress for final ratification. Unquestionably, many members of Congress will not view the problem in the broad light that it is entitled to, and will fight for the best settlement based upon a money consideration only. The fact which forms the fundamental basis of the world...
...Treasury Department came the Italian Ambassador Giacomo de Martino, Mario Alberti, director of a large Italian bank, the Credito Italiano, and attachés at the Embassy. They were received by the U. S. World War Debt Commission- Andrew W. Mellon, Chairman; Secretary of State Kellogg, Senator Reed Smoot, and Under Secretary of the Treasury Garrard B. Winston, Secretary of the Commission...
...Smoot is not the son of a prophet, but he is the man who said two years ago: "As sure as God lives and the sun rises in the morning, there will be a soldier bonus law passed by the next Congress...