Word: nra
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Since the New Deal's legalists had hung NRA's power to regulate Industry on the constitutional peg of affecting "the flow of interstate commerce," the Nields opinion was a potent body blow to the Administration. And, as if anticipating an appeal from his decision on "emergency" grounds, Judge Nields added: "The suggestion that recurrent hard times suspend constitutional limitations or cause manufacturing operations to so affect interstate commerce as to subject them to regulation by the Congress borders on the fantastic and merits no serious consideration...
Significance. "A complete vindication," beamed Steelmaster Weir, as he boarded a boat for a Bermuda holiday. Businessmen in general did not try to hide their smiles of satisfaction. In the midst of the general chorus of groans from Washington, no Administration voice of protest was heard, but NRA's lawyers announced at once that they would carry the Weirton fight to the Supreme Court...
...effect on Senator Wagner's National Labor Relations Bill, whose fundamental premises had suddenly been given a set of question marks. Only nonpartisan who saw a silver lining for President Roosevelt & friends in the Weirton case outcome was Pundit Walter Lippmann. Said he: "What has been attempted under NRA . . . is a mixture of good and evil. . . . It was bound to break down. It has broken down. And the courts will do an historic service not only to the nation as a whole, but to recovery and reform, to the President and his party, if they liquidate a major part...
...Common, no overfed American Federation of Labor official from State headquarters, but First Assistant Secretary of Labor Edward Francis McGrady, addressing a rally of unionized telephone operators. What stung this strong language from Labor's dandified McGrady was the double punch which Federal courts had just handed NRA's collective bargaining clause in Delaware (see p. 15), its wage fixing provisions in Kentucky...
...some years ago as board chairman of Kentucky Home Life Insurance Co. No friend, to the New Deal, he recently ruled that condemnation of private property for PWA slum clearance was beyond the Federal Government's authority. And for the second time he declared last week that the NRA Coal Code was illegal...