Word: nra
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...twelvemonth ago inferior Federal Court judges were knocking the NRA out of the ring right & left. Farmers were in a blatantly bitter mood. The Administration's great hope for 1935 recovery was a building boom to be fostered by the Housing Administration. In California Upton Sinclair as Democratic candidate for Governor had become such a nuisance that the President had to repudiate him. In Manhattan a million-share day on the stock exchange was front-page news and Henry Ford's announcement that he would build 1,000,000 cars was a refreshing breath of optimism. In Washington...
...Alabama since 1909; suddenly, of a heart attack; in Birmingham. A self-styled Democrat, he was a comfort to the Republican Administrations of the 1920's by his severity with dry law violators, grew famed when he turned a cold judicial eye on the New Deal, pronounced NRA unconstitutional (TIME, Nov. 12, 1934), ruled TVA power sales illegal (TIME...
...full-dress parade from winter to autumn in the in hope of evening up production, leveling out employment, extending the selling season. Automobile executives did not feel able to refuse the Administration's request after concessions made to them in the disputed Section 7A of the late NRA. With the early show and a pre-Christmas motor boom, fourth quarter sales may reach 900,000. Forecasts of 1936 production range from a modest 4,000,000 to a generous 4,500,000. The industry increased production 45% in 1934 over 1933, and will make nearly a 40% increase...
...They have had a guiding hand in the drafting of nearly all legialation expert the NRA, he days. To them the constitution is just a foil for clever fencing- an antediluvian joke to be respected in public like a Sacred Cow and regarded in private somewhat as Gertrude Stein probably regards the poet Tennyson, or any other Victorian...
Louisville reported farm prices in the Ohio Valley and Tennessee up 25% from a year ago with most of the demand coming from farmers anxious to add to their acreage. Land buying inspired by "fear of New Deal inflation" stopped entirely last spring after the Supreme Court's NRA decision...