Word: nra
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...Donald Richberg, former NRA counsel, the credit. He first referred to "goldplated anarchy" in a speech to the Merchants Association of New York, July...
Permanent NRA: "We have passed through the formative period of code-making ... and have effected a reorganization of the NRA suited to the needs of the next phase, which is, in turn, a period of preparation for legislation which will determine its permanent form...
...closeted himself with one tycoon after another to relate how things were going to come out all right in the end. The biggest news that Mr. Astor brought back from the throne room was that President Roosevelt was going to make Bernard Mannes ("Bernie") Baruch head of the reorganized NRA...
This was the situation when, fortnight ago, Mr. Baruch returned from Europe. In 1918-19 Bernard Baruch, as head of the War Industries Board, was absolute dictator of U. S. business, an even greater autocrat than Hugh Johnson became under NRA. As generous with his advice and counsel to Republicans as to Democrats, Mr. Baruch was from time to time useful to the Hoover Administration. When Franklin Roosevelt went to Washington, "Bernie" Baruch was slated to be a trusted White House economic observer. "I am a speculator." he said once, "and make no apologies for it. The word comes from...
...pretty generally understood that Richberg is now Washington's No. 1 man. Tugwell fades into the violet distance as his ship fast approaches foreign shores. General Johnson's resignation was probably necessary for the reorganization of the Brain Truster's most lusty child--NRA--now designated NRB after the removal of its appendix (A). The net result of its new democratic set-up is that business men will now have to deal with three department instead of one. The NRB now has an imposing front but it is probably that Richberg will make all final decisions...