Word: nra
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...once established, are the next thing to immortal. Thus noteworthy last week was the death of the Electric Home & Farm Authority, set up in 1935 to help farmers and homeowners buy appliances on the installment plan. Like the only other significant New Deal agencies to pass away before it (NRA, killed by the Supreme Court, and CCC, abolished because all physically fit youths are needed in the Army), EHFA died of an incurable disease: there are no more electrical appliances to buy on any kind of plan. Its epitaph was written by the New York Sun: "The manner...
Gripe at Congress. Not since Franklin Roosevelt accused the Nine Old Men of the Supreme Court of taking the U.S. back to "horse & buggy days," because they ruled NRA unconstitutional, had Franklin Roosevelt lectured so strongly and critically...
...Colonel Baxter over to WPB to take on the job. Colonel Baxter is no novice in war work or Government jobs: he had almost 20 years of active service after graduating from West Point in 1911, plus a stretch as one of Hugh Johnson's division heads in NRA days. This week Colonel Baxter is due to make his first move: a new Steel Recovery Corp., backed by RFC funds, is scheduled to open in Pittsburgh as a clearing house for "frustrated" steel products...
Black rent might some day be the "sick chicken"* threatening the whole existence of OPA. Unlike most other ceiling-price violators, landlords fight back, make the direct accusation in court that the price-control act is unconstitutional. OPA remembers what happened to NRA when the Supreme Court decided the same issue...
...NRA charged the Schechter Bros, of Brooklyn with selling unfit poultry and otherwise breaking the Live Poultry Code; in 1935 the Supreme Court's decision on this famed test case made the Blue Eagle a very dead bird...