Word: nra
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NDAC foundered in a wave of its own contradictory press releases. Despite the Commission, the program had gone astoundingly well. But the NDAC sank in a maelstrom of confusion, with enough flotsam left floating to remind Washington oldsters of the wreck of the NRA...
...impressive bouquet to Trustbuster Thurman Arnold. His statement that "The first concern of every democracy is the maintenance of a free market" brought 58.7% agreement (27.7% in toto, 31% in part), with utility and railmen again lagging behind. Asked to make a choice between General Johnson's defunct NRA pro-price-fixing policy, and the Arnold anti-price-fixing program, the Forum gave Arnold the edge: NRA, 22%; Arnold, 33%; "depends," 45%. More striking were its views on particular prices. A clear majority (from 63.1% to 81.8%) reasoned that lasting recovery is impossible until the building industry acts...
...Always bad" were silver subsidies (90.2%), Guffey Coal Act (75.3%), gold policy (60.6%), taxation policies (67.7%), pump priming (61.7%), NRA (57.4%), AAA (53.6%), Wagner Labor Act (48.2%, a plurality...
...Millis was expected to range his hefty, slow-moving bulk alongside gnomelike, conservative Dr. Leiserson. No grassgreen mediator, 67-year-old Dr. Millis has been listening to labor disputes for 20 years. No stranger to NLRB, he had served on the Board once before, in 1934-35 under NRA. Emeritus professor of economics at the University of Chicago, he has written scholarly, dull, copiously annotated books. As a mediator he is known for oxlike patience, horse sense. His present job: permanent conciliator between General Motors Corp. and C. I. O.'s United Automobile Workers...
...skyrocket advance in prices of everything merely by tying prices of a few things to the ground. There is only one way to do this job. That is by fiat. ..." William Trufant Foster was just as gloomy, told hardwaremen: "I was on the Consumers' Advisory Board of the NRA and found it was window dressing. . . . The Government can't control the price level and stop the upward spiral." But unlike Johnson, he concluded the Government should keep hands...