Word: reductionism
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¶ Correspondents snapped up a morsel of information that the President let drop. He favored reduction of normal taxes, surtaxes and inheritance taxes if the prospective Treasury surpluses were large enough.
Of 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...
The Operators. The operators are expected to refuse the Union demands, asking probably 1) a one-year contract; 2) a reduction of 17 or 20% in wages; 3) rejection of the check-off of Union dues.
"Subtracting from the President's claimed reduction of $2,081,000,000 known items, all incident to the War, of $1,882,590,000, we have a maximum of $198,410,000 representing other War expense not readily identifiable, further decreases in these items during the current year and...
In particular these conditions relate to the coal industry and to the railways. The miners threatened the country with a general strike beginning Aug. 1, but probably this was no more than a threat for the purposes of maneuver. The railwaymen discussed a proposal for an "all round" reduction in...