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Word: nra (lookup in dictionary) (lookup stats)
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Last May the nine Justices of the U. S. Supreme Court sat in judgment on a sick chicken sold by Schechter Bros, of Brooklyn. Their verdict was death for NRA. Last week the same Court sat in judgment on one of the late chicken's eggs, the Guffey Coal...

Author: /time Magazine | Title: JUDICIARY: Posthumous Egg | 3/23/1936 | See Source »

...Principal aim of the Guffey Act was to revive the NRA Coal Code. Since that code was not constitutional, Congress had to make certain substantive changes. Instead of telling the NRAdministrator to write whatever code he thought was best for the industry, Congress directed by law that the code should fix wages and hours of miners, should require collective bargaining, should regulate coal prices. To compel the industry to obey the code by penalizing disobedience, a 15% tax on coal production was imposed. However, any producer who operated under the code was to get back...

Author: /time Magazine | Title: JUDICIARY: Posthumous Egg | 3/23/1936 | See Source »

...Attack, This attempt to revive NRA in one industry was met by its opponents with the same weapons that proved so successful against NRA itself. One weapon was Lawyer Frederick H. Wood, of the portentous Manhattan law firm of Cravath, de Gersdorff, Swaine & Wood, who argued for the Schechter Brothers. This time he argued for James Walter Carter of Carter Coal Co. with mines in the Virginias. Another weapon was Charles Irvin Dawson, who before he resigned as a Federal judge in Kentucky had declared the NRA coal code unconstitutional. Last week his clients were 19 Kentucky coal companies whose...

Author: /time Magazine | Title: JUDICIARY: Posthumous Egg | 3/23/1936 | See Source »

...Defense. The New Deal did not pick up the blunt and battered weapons with which it had failed to save NRA. Donald Richberg and Solicitor General Stanley Reed were not heard again in the courtroom nor were their arguments. This time the Government's counsel was John Dickinson, onetime professor of law at the University of Pennsylvania, later Assistant Secretary of Commerce, now Assistant Attorney General. He had worked up new arguments with the aid of his old friend. Professor Edward S. Corwin of Princeton. Their prime point was that if the Government has power to regulate interstate commerce...

Author: /time Magazine | Title: JUDICIARY: Posthumous Egg | 3/23/1936 | See Source »

...natural object for New Deal reform, the basing point was thoroughly damned by the Federal Trade Commission in a special study in 1934. A special NRA report urged modifications so drastic that they would mean virtual abolition of the system. Montana's Senator Burton Kendall Wheeler is earnestly trying to end the basing point once & for all with a bill introduced last month...

Author: /time Magazine | Title: Business & Finance: Prices & Bases | 3/23/1936 | See Source »

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