COAL: Code to Court

On the mine selling price of every lump of the nation's soft coal last week fell a new 15% Federal tax, 90% of which will be rebated to producers who sign the NRA-like code prescribed by the Bituminous Coal Conservation Act of 1935. Moving promptly to resolve what President Roosevelt called "doubt, however reasonable," as to the Act's constitutionality, President James W. Carter of Virginia's and West Virginia's Carter Coal Co. lost one decision to the Government, won one against his family in District of Columbia Supreme Court.

Because the tax is...

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