Word: nra
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...most of last week the busiest thoroughfare in Washington was a small private corridor leading from a White House side door to the President's office. In that office sat a man whom the Supreme Court had stunned to silence with its annihilation of NRA. Down that corridor marched huffy Hugh S. Johnson who for a twelvemonth was NRA personified; sickish Donald Richberg and sheepish Solicitor General Reed whose defense of NRA before the Supreme Court had proved so footling; William Green and John L. Lewis to whom NRA was a professional gift from heaven; dapper Averell Harriman...
...newshawks flocked in for their first postdecision interview with Franklin Roosevelt. The country, badly confused, seemed eager to take its cue from him. But the President was not yet ready to play the prompter's part. To persistent questions, he smilingly retorted that the real spot news on NRA was not in Washington but out in the country, in mine and factory, in shop and office where the first effects of the Supreme Court's ruling were already evident (see p. 63). When someone asked specifically about General Johnson's White House visit, the President scoffed: "Spotted...
...Senate interest in debating the AAAmendments was lost while Senators sat at their desks reading the decision. Senator Borah remarked that the decision would probably affect the future of AAA as well as NRA. Nobody knew yet just how many New Deal measures delegating power to the Executive or regulating business that "affects" interstate commerce might be virtually outlawed. But now that the Supreme Court had broken the back of NRA over a coopful of chickens, anything was likely to befall the New Deal from that august tribunal...
Last week the Tennessee Valley Authority, in humbler mood than usual, bobbed up before the House Military Affairs Committee to ask for a few additional small favors. Two years ago Congress gave the New Deal everything it wanted just for the joy of giving. Now Federal agencies like NRA, AAA or TVA are lucky to get grudging crusts on Capitol Hill. Thus it was no great surprise when an ungenerous House Committee last week turned and snarled at TVA's requests for several amendments to its basic act. One amendment would increase TVA's right to issue bonds...
...Conspicuous among tycoons for his liberal and generous labor policy is George F. Johnson of Endicott Johnson Corp. (shoes), who lately declared, "Any man who dies rich dies disgraced." (TIME, Jan. 7). By means of a liberal bonus, Shoeman Johnson shared profits with his 19,000 employes long before NRA came along. Many an envious competitor predicted that the good feeling between Endicott Johnson and its employes would end when President Johnson opposed the 30-hr. week. Last year after May Day, while Communists were parading dourly elsewhere, Mr. Johnson's workers cheered ecstatically at a gradually...