Word: nra
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...President signed an NRA code for the newsprint, paper and pulp industry, which is subject to revision after 90 days...
...easy, conversational tone the President said that he had gratifying news from the iron, steel and textile industries about the workings of the NRA. This produced blank stares only until the quicker-witted correspondents started to laugh at the President's little joke. Seriously he then announced the exchange at 11:50 p. m. the night before of five sets of diplomatic notes at the White House between himself and chubby, thick-tongued Maxim Maximovich Litvinoff, Commissar for Foreign Affairs of the Union of Socialist Soviet Republics. Secretary of State Hull's absence from the U. S. left...
...Charles Taylor of U. S. Steel popped into the White House-once by himself "to pay his respects," and once with John Pierpont Morgan so that Mr. Morgan could pay his respects, too. This week the steel industry completes the 90-day trial period stipulated by Steel's NRA code. Had they wished, the nation's steelmasters could have asked for a rehearing on their code, could have tried to get the Government to alter their wage, hour and marketing agreements...
...Instead, the American Iron & Steel Institute asked Administrator Hugh Samuel Johnson to continue its code until May 31, 1934. Further, Steel expressed "its general satisfaction with the operations of the code in its effects on the industry." Coming on the heels of last month's reaction against the NRA, the steel industry's graceful and timely gesture was much appreciated by General Johnson and the White House...
Reporting to the NRA. the Iron & Steel Institute stated that 213 of the 237 companies in the industry had between June 17 and Oct. 14 increased their wages...