Word: nra
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...Biographer Robinson, the U.S. was suffering from a paralytic failure of nerve. F.D.R.'s "The only thing we have to fear is fear itself" injected the adrenaline of confidence into the fluttering heart of the nation's economy. It was followed by the wonder-and-blunder drugs-NRA, AAA, PWA, etc.-of the "First Hundred Days." The New Deal was born more or less by executive fiat, but Will Rogers probably echoed the electorate when he wrote, "I don't know what additional authority Roosevelt may ask, but give it to him, even...
After one unsuccessful try at the Senate, McCarran rode to Washington on the Roosevelt tide of 1932. In his early Senate days he generally voted with the New Deal, e.g., for the Wagner Act and the NRA (which he later denounced), but Franklin Delano Roosevelt of Hyde Park could not long remain the leader of Patrick Anthony McCarran of Reno. Their great split was over the 1937 attempt to pack the Supreme Court, but long before then there had been portents of things to come. Within a week after being sworn in, McCarran made a Senate speech against an Administration...
Timely Reassertion. In its 164 years the court had erected many a landmark of U.S. history: Marbury v. Madison, the Bank of the United States case, Dred Scott, the Slaughterhouse cases, the "Sick Chicken case" that killed the NRA, 1952's steel seizure. None of them, except the Dred Scott case (reversed by the Civil War) was more important than the school segregation issue. None of them directly and intimately affected so many American families. The lives and values of some 12 million schoolchildren in 21 states* will be altered, and with them eventually the whole social pattern...
Victor Perlo, 41, was named by Miss Bentley as head of a Red cell in Washington in which she had worked. Perlo entered Government service under the NRA in 1933, later became an economic analyst for Treasury's division of Monetary Research. Perlo, who has invoked the Fifth Amendment, is now an economic consultant in New York City...
Quick Switch. Dutch liquidated contracts on the money-losing plane, sold the prototype to a junk dealer for $1,500, and laid plans to build a trainer to compete for Air Corps contracts. He had nine weeks to do the job-and under NRA could not officially work his employees overtime. One night he entered the plant and found his employees shouting and singing at their jobs. They had checked out, had a few beers and come back to "have some fun"-against which there wasn't any law. The plane (BT-9) was completed on time, and North...