Word: nra
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...Each & every reporter at Hyde Park was aware that General Hugh Samuel Johnson had at last cooked his goose with the President. In his speech on the textile strike week before, NRA's Johnson had denounced the strikers in such violent terms that Labor swore it would have the General's scalp. In the same address General Johnson sealed his official doom, as far as the President was concerned, when he said: "During the whole intense [NRA] experience I have been in constant touch with that old counselor, Judge Louis Brandeis. As you know, he thinks that anything...
...cannot make profits under a new order unless first of all you are making them under some kind of order. First of all let private businessmen make profits-then trim these profits if you want to, under regulations of the NRA...
Besides organizing SA & CA, the Minister of Corporations last week had time to reach an agreement with textile mill owners to have at least 30% of their employes men, as a move to reduce unemployment, and to borrow a leaf from NRA by announcing a 40-hour week for Italian Industry...
...still remains, of course, to be demonstrated with finality that the new Board superseding Johnsonian control will not have the significance in its relation to industry and the country as a whole as had the old one. But one thing is certain. NRA as administered under the NRB will not be Johnsonian in scope, however gifted its new executive director, Donald R. Richberg, may be. For President Roosevelt's action, despite the installation of an old left-winger as the guide and mentor of his refurbished protege, nevertheless is a symptom of subsiding idealistic fever and return to a more...
...insistent to be ignored or further flouted, and though the "United States may have its feet on the ground" all too many of the latter are still insufficiently shod for a hard winter. While it may be stretching things too much to say that the shake-up in NRA means that the President is subscribing to "recovery before reform," it does at least indicate that he may put recovery before relief. All in all, there is a strong presumption in favor of the belief that the National Industrial Recovery Board is but a means of tapering off after the Johnsonian...