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Word: democratism (lookup in dictionary) (lookup stats)
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...taxpaying corporations. Leaving the tax on larger corporate incomes fixed at 11½%, the amendment graded small corporate incomes taxes as follows: 5% on $7,000 or less, 7% from $7,000 to $12,000, 9% from $12,000 to $15,000. John Nance Garner, Texas Democrat, was the author of this alteration. He and his partisans were joined by 33 Republicans, mostly from the Northwest, in the 212-to-182 vote that put it through...

Author: /time Magazine | Title: CONGRESS: The House Week Dec. 26, 1927 | 12/26/1927 | See Source »

Speaker's Wit. The House was treated to a characteristic bit of its Speaker's wit just after the Revenue Act was passed. Seeing that the Republican tax program had been defeated in the voting, Democrat Garner made "a parliamentary inquiry." Why, he asked, should a majority of the Representatives appointed to confer on the Tax bill (when it comes back to the House from the Senate), not represent the majority which had just passed the bill? Though it was dinner time, and he loves to dine, Speaker Nicholas Longworth smiled at this delay. "For the time being...

Author: /time Magazine | Title: CONGRESS: The House Week Dec. 26, 1927 | 12/26/1927 | See Source »

Speaker. "... I had rather be Speaker of the House of Representatives than hold any other office in the gift of the American people." So said Nicholas Longworth, Ohio Republican, after being re-elected Speaker of the House, 225 to 187, over Finis J. Garrett, Tennessee Democrat...

Author: /time Magazine | Title: CONGRESS: The House Week Dec. 19, 1927 | 12/19/1927 | See Source »

...shouted James A. Gallivan, Massachusetts Democrat, after the reading of the Deficiency Bill. Later he was unabashed by a report from Charge d'Affaires Whitehouse in Paris, denying the alleged spying on Mayor Walker of New York City, whom Mr. Gallivan, a cunning clown, denied having named by name. The outburst served merely to notify the 70th Congress that jocose Mr. Gallivan, who little resembles most Harvard men of the '80's, was again on hand with his alliterative eloquence, his unquenchable Americanism...

Author: /time Magazine | Title: CONGRESS: The House Week Dec. 19, 1927 | 12/19/1927 | See Source »

...debate was a paradox. Republicans, for once, argued for states' rights while democrats exalted the Federal power. South Carolina's flowery Blease was the only Democrat who became loudly alarmed over a precedent which might some day return to plague Southern gentlemen charged with smothering the Negro vote...

Author: /time Magazine | Title: CONGRESS: The Senate Week Dec. 19, 1927 | 12/19/1927 | See Source »

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