Monday, Sep. 20, 1926
Opposition
One of the few really consistently able southern political despots is Senator Furnifold M. Simmons, North Carolina's "machine" boss and senior minority member of the Senate Committee on Finance. Last week he announced that the Democrats would demand a tax cut of $560,000,000 in the autumn final session of the 69th Congress. Said the Senator:
"Certain circumstances connected with the last reduction aroused suspicion that the Administration, supposedly for political reasons, had deliberately planned two separate reductions: a small one for use in the bi-election campaign this year and a bigger one to become effective immediately preceding the Presidential campaign and election of 1928. However that may be, with an actual and estimated surplus of $562,000,000 available for reduction at the coming session of Congress it is difficult to discover any good reason for withholding and postponing that reduction for a full year, except to promote the ambition of Republican Presidential aspirants and to provide political capital for the Republican Party."