Word: nra
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...Neither NRA, AAA, devaluation of dollar nor Government spending are so dear to Franklin Roosevelt's heart as the Public Utility Act. To him distrust of holding companies is on a par with love of trees. Not an official word did he utter when he heard the news from Baltimore, but in the first week of the critical 52 he saw that an unpleasant choice would soon be forced upon him: to suppress his personal feelings for the Public Utility Act while legal taunts and political insults are heaped upon it, or to carry the fight against holding companies...
Last week from his Hyde Park study President Roosevelt looked out on a strangely different U. S. scene. Gone was the NRA. Gone was Donald Richberg. No angry bankers and no housing boom disturbed the tranquillity of the country. Henry Ford had built a million cars in the first ten months of 1935. Not one but two million shares a day were changing hands on the New York Stock Exchange and stocks after a seven-month climb were at their highest levels since the New Deal took office. Unemployment was still high, relief plans still in a muddle, but hunger...
...fretted privately at General Johnson's honest sniping, spunky Secretary of the Interior Ickes barked at a press conference in Washington: "He a critic? Why, he's helping the Administration. Perhaps you hadn't noticed that. . . . Since the good General was bucked out as head of NRA he's been suffering from mental saddle sores...
...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...
...year he was a reporter on the Denver Times. He took a Ph.D. in economics at the Brookings Institution but quit teaching after six years. From 1929 to 1933 he was associate editor of the Baltimore Sun. In 1933 General Johnson made him executive director of the NRA Consumers' Advisory Board...