Word: taxing
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Dates: during 1920-1929
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Chambers of Commerce told the Northern mill operators about cheap, unorganized white labor in the South, abundant water power, lenient mill laws (the 72-hour week, night work for women and children), special tax exemptions, proximity to the textile industry's raw material, King Cotton. Mill after mill closed in New England to reopen in the Piedmont section of the Carolinas. The labor was new, but the proprietors were mostly the same...
Newspaper Genius Lord Northcliffe took him on, pitched him into the kaleidoscopic career of a special correspondent. He covered royal weddings in Spain, religious troubles and riots in France, Stomach Tax in Canada, celebrities and murders and mysteries at home. Out of his heterogeneous experience he retains an exaggerated admiration for "the clean and decent poor" (famed Backbone of England) and for "the brotherhood of working journalists, salt of the earth." For criminals, his specialty, he has neither admiration nor sympathy-"not even a sneaking sympathy. They are a little less interesting than lunatics, a little less romantic than sewermen...
...Already taxes have been restored to a peacetime level. . . . This is progress in the right direction. There is still much more that can be done . . . when revenues show sufficient permanent increase. There is a growing demand for a further reduction in taxes on earned incomes . . . with which I have always been in sympathy as is evidenced by the recommendations the Treasury made to Congress. . . . The Treasury is still of this opinion and will be glad to see these principles [of tax reduction] still further carried into law whenever revenues justify such action...
...unspectacular. When North Dakota in 1922 retired Porter James McCumber from the Senate, Senator Smoot slipped his awkward frame into the chairman's seat of the potent Finance Committee?a legislative eminence comparable to the religious height of Mormon Apostle. Ever since he has dictated and executed the tax and tariff policies in Congress of the Republican administration...
...paved roads, free hospitals, free school books. As governor he spent money like an Osage Indian on a spree to fulfill these pledges, soon found that more revenue must be forthcoming to keep up the splurge. In March he called a special session of the Legislature to prepare new tax measures. Instead it prepared for his impeachment. Louisiana is, among other things, an oil state, with many a refinery for its own production and for shipments from Mexico and South America. Governor Long proposed a 5 cent tax upon every barrel of refined oil and gasoline. Unsentimental businessmen rose...