Word: nra
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...measures, cleared the path to final judgment by the Supreme Court. Two measures went on their way with court curses, one with a blessing. AAA. Taking its cue from the Supreme Court, the first Federal Circuit Court in Boston found AAA's vital processing taxes as illegal as NRA's codes, and for the same reasons. A U. S. District Court had rejected the suit of receivers for Hoosac Mills Corp, to escape payment of $81,694 in processing and floor taxes levied by AAA. Reversing that decision, the Circuit Court condemned AAA because: 1) Congress, in taxing...
...that during a Press conference he had a fit of laughter, had to be hurriedly wheeled out of the room? Why, his intimates were taking the greatest care not to have him make a spectacle of himself on public occasions. And when he heard the Supreme Court's NRA verdict, he was supposed to have succumbed to a violent fit of hysterics...
Having set up the SEC machine, and got it running smoothly, Chairman Kennedy wanted to return to private life last spring. But. on the very day that he planned to take his resignation to the White House, the Supreme Court rocked the New Deal with its NRA decision. Loyally pocketing his resignation, Mr. Kennedy went back to work because he was too good a policeman to desert his post when the sky seemed to be falling on the White House...
...President's intention to have his labor bills passed no matter how "reasonable"' might be the doubt of their Constitutionality. There is such doubt about the Labor Disputes Bill. There is a lot more doubt about the Guffey Coal Bill which, in fact, amounts to NRA's Soft Coal Code being re-enacted into law although the Supreme Court ruled that, and all other codes, unconstitutional. Attorney General Cummings refused to furnish the Ways & Means Committee with a brief for its Constitutionality and, according to Washington talk, flatly told the President that the measure would never...
When President Roosevelt impulsively followed up the Supreme Court's Schechter case decision by hinting that AAA might go the way of NRA, alert processing taxpayers began a scramble to the courts. By this week that scramble had become a stampede. Headed by Minneapolis' General Mills, Inc., world's biggest grain millers, and Manchester, N.H.'s Amoskeag Manufacturing Co., world's biggest cotton cloth manufacturers, no less than 117 potent processors had filed suits for recovery of taxes paid or for injunctions against collection of taxes due. With some $10,000,000 in taxes already involved, new suits were piling...