Word: nra
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BEWILDERED business men, fully aware that the government has the power of virtual confiscation and that they must comply with the edicts of the NRA, are nevertheless frankly asking how they are going to fulfill the request of the administration that hours be shortened and wages not merely spread among more workers but actually increased...
...group meetings of the code authorities, Dr. Hettinger, one of the NRA's own economists, in a frank debate with General Johnson questioned the soundness of the latter's request that hours be decreased and payrolls augmented too. The objection made was against any inflexible rule or percentage. It was asserted that the consumer industries are in good shape and that less than ten per cent of the unemployed today are from those consumer businesses, whereas reliable figues show that 90 per cent of the idle originally were at work in heavier industries or service businesses related to them...
...capital. But what they keep asking is how rigid rules and laws can permit business to develop or expand at all. The 30-hour week bill in its present form is a big obstacle, in the opinion of most of the industrial and business delegates here for the big NRA meetings, and there is reason to believe that General Johnson's opposition to a flat 30-hour week is shared by the President, who wants all such questions worked out by the NRA with sufficient power and authority to make whatevere modifications or changes are necessary as the government acquires...
...principal difficulty will arise with union; labor. The latter have always fought side by side with the projectionists. Many of the NRA codes could not have stood higher wage levels had it not been for the assurance that the embargo power would be used, if necessary, to keep out products manufactured in countries where lower wages and, by comparison, lower standards of living were in effect...
Meanwhile, it is essential, that the steps about to be taken shall be examined so that by public criticism and constant study of the facts mistakes may be pointed out before it is too late to remedy them. The NRA meeting this week, together with the sessions last week, marks a milestone in the history of American business. The code authority members here were chosen by industry itself. Many will protest against tariff changes. Members of Congress from districts that have had and need protective tariffs will declaim and conscientiously object to change. The vote will show a split...