Word: nra
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More serious than the eclipse of NRA was the widespread belief that NRA had fallen far short of its ballyhooed objectives, had, in fact, been a failure by the standards set up by its own sponsors. The Chicago Daily News last week featured the charge of failure in a front page editorial on "the practical collapse of NRA as a Universal Panacea for industrial depression." Three prime reasons were advanced: 1) NRA is legally beaten, a premature claim. For six months the Federal Government has artfully dodged any such ordeal by law. The only immediate test in sight resulted from...
Many an observer saw another reason for NRA's eclipse: Because of NRA's comparative failure to attain the two main results at which it was aimed the Administration has been glad to let it be forgotten, to shift public attention on other programs that may possibly achieve better results...
...Brown did attempt to reduce ruthless competition among airlines, he was doing no more than the present Administration is trying to do under the NRA...
...What industry is covered by the 288th NRA code...
...second place, depression, caused by super-industrial development and proving the fallacy of competition has begun to necessitate national industrial dictatorships such as our NRA. Such a group of highly organized, socialized industrial dictatorships as the world will shortly become makes war or combination inevitable. Whatever the means, the result will be the same. The world is already tending towards a single unitary organization, although the present demarcations of nationalism, far more fragile than they seem, obscure its destiny. But just as individual competition has been recognized as unsocial and unprofitable, so international competition will force itself into merger...