Facts
The Bituminous Coal Conservation Act was passed in 1935 and replaced the previous codes set forth by the National Industry Recovery Act (NIRA). The new act established a commission, made up of coal miners, coal producers, and the public, to establish fair competition standards, production standards, wages, hours, and labor relations. All mines were required to pay a 15% tax on coal produced. The act was not mandatory, but mines that complied would be refunded 90% of the 15% tax.
James W. Carter was a shareholder of the Carter Coal Company and did not feel that the company should join the government program. The board of directors for the company thought that the company could not afford to pay the tax and not receive anything back. Carter sued the Federal Government, claiming that coal mining was not interstate commerce and therefore could not be regulated by Congress.
Read more about this topic: Carter V. Carter Coal Company
Famous quotes containing the word facts:
“I went to the woods because I wished to live deliberately, to front only the essential facts of life, and see if I could not learn what it had to teach, and not, when I came to die, discover that I had not lived.... I wanted to live deep and suck out all the marrow of life, to live so sturdily and Spartan-like as to put to rout all that was not life, to cut a broad swath and shave close, to drive life into a corner, and reduce it to its lowest terms.”
—Henry David Thoreau (1817–1862)
“The poor and the low have their way of expressing the last facts of philosophy as well as you. “Blessed be nothing,” and “The worse things are, the better they are,” are proverbs which express the transcendentalism of common life.”
—Ralph Waldo Emerson (1803–1882)
“The facts of a person’s life will, like murder, come out.”
—Norman Sherry (b. 1925)