Word: nra
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...such inferences were 99% wrong. By the time he had finished, the newshawks had seen a new side of their hitherto cheery President. Abashed, they filed out in silence. Sole cause for the outburst was that at a previous conference, he had denied that he would ask for State NRA to supplement his new NRA act (see p.11). The news was flashed to Indiana. The Governor, Democrat Paul V. McNutt, who is making a great to-do for passage of a State NRA law, was made to look foolish. The President was annoyed...
...Senate debate he had General Robert E. Wood, president of Sears, Roebuck, come to Washington. An advocate of dollar devaluation, of the self- contained-nation theory of trade, General Wood has long been sympathetic with New Deal experiments. As businessman, he has served on NRA's Consumers' Advisory Board, on Secretary Roper's Business Council. Newshawks jumped to the conclusion that the President was grooming General Wood to succeed S. Clay Williams when NRA is renewed and reorganized...
Midway Man "It is fully expected that the Congress will shortly pass a new act extending the life of NRA with certain modifications and additions...
...should any such thing happen? Labor has called NRA a snare and delusion. General Johnson called it a dead dodo. As a Recovery measure New Dealers have privately admitted it is a flop. Untold manufacturers kick about its theory and its practice. The case of Fred Perkins was a shrill public indictment. The success of its enforcement is compared to that of Prohibition. Certain Senators seize every opportunity to denounce it as an oppressor of honest business. Its advocates are few and its critics many. How can its renewal be a certainty or even a possibility...
Roosevelt's Reasons. Obviously the biggest single factor in NRA's renewal is that Franklin Roosevelt wants it renewed. As a parent it would certainly pain him to see the favorite Recovery child of his Administration die a death of legal limitation -especially after he has so often praised it for abolishing child labor. But it is dear to him for other reasons as well. He promised the U. S. a new order, social and economic. Most of his Administration's acts have not, however, attempted to set up such an order but rather to repair...