Word: nra
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Camel Man. Biggest asset that Franklin Roosevelt had in planning his renewal of NRA was his possession of a good midway man, Samuel Clay Williams, midway man in NRA theory, midway man (presumably) in NRA history. The one-man rule of this New Deal experiment ended with the resignation of General Johnson. It may return again to replace the present board-rule whenever President Roosevelt can find...
Accomplished Fact. Conversely, a thing which made it hard for any New Dealer to consider scrapping NRA was that it was an accomplished fact, huge and substantial. In Herbert Hoover's Department of Commerce Building it rambles through a vast suite of offices. In the seat where Hugh Johnson once sat alone, now sits the National Industrial Recovery Board with S. Clay Williams as its chairman. Beside him sit his four horsemen: Leon C. Marshall, political economist; Arthur D. Whiteside, executive of Dun & Bradstreet; Sidney Hillman, labor executive; Walton H. Hamilton, lawyer and economist-a potent team whose days...
Vested Interests. If criticism of NRA made it difficult for the President to ask its renewal, nonetheless the criticism following a decision to scrap NRA would have been more troublesome still. For NRA as a going institution already has its vested interests. Labor leaders may be bitterly disappointed by the results that followed NRA's promise of collective bargaining but many of them still hold to their belief that they can turn it to account. As long as NRA exists they sooner or later may win the right to write their own ticket for the complete unionization of industry...
Balance. When Franklin Roosevelt cast up accounts and definitely decided upon NRA's renewal, he had no easy task to decide on the form renewal should take. To surrender to either group of vested interests would have made enemies of the other. In addition he had a third group to satisfy, businessmen who believe that if a business writes its own ticket it will soon bankrupt the economic railroad on which it is traveling. What good, they ask, does it do a business to fix prices or restrict production if high prices ruin its market...
Thus the President sat at his desk last week balancing the good against the bad, the hopeful against the hopeless. As he came to his conclusions and put the finishing touches to his message to Congress for NRA's renewal, he was painfully aware that he was about to set off a fresh batch of oratorical pinwheels and skyrockets at the Capitol. Congressmen had not had a good rousing debate on NRA for more than a year and practically every member was spoiling to take the floor and fulminate on some minor grievance of NRA Administration within his district...