Word: tariff
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...Defeated (48-to-38) an increase in the Sugar Tariff...
...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...
...Coalition rallied to beat down a regular Republican effort to bulge the silk tariff. Defeat of this item gave them an especial delight because its chief advocate was Senator Hiram Bingham of Connecticut whose connection, either naive or bold, with the tariff lobby caused commotion last autumn (TIME...
...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...
...this happens the Allied Powers are likely to raise objections to making further payments on their war debts to the United States for they would seem to be paying the running expenses of the United States instead of helping her to pay off Liberty Loans. Finally, the United States tariff policy, and the inevitable economic laws relating to international trade may make our worthy Senators and statesmen realize the futility of trying to make Germany make the 'unprotected' payments provided for in the Young-Plan...