Word: nra
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...event the industry has been hoping against-widespread cuts in the price of crude oil. Initiated by small independents in the non-prorated States of Louisiana and Arkansas, the cuts were soon adopted by everyone, dropping the price from $1.22 to about $1.02, the first general cut since NRA. Thus brought into the open was a paradox which may knock the complex proration system galley-west: an efficient method of controlling production has been worked out, but since the Federal antitrust suit against the oil industry at Madison, Wis. last year, there has been no way of stabilizing the price...
...State Senator he went to Congress, to the U. S. Senate in 1927. His voting record suggests eccentricity yet shows a pattern: against war, racial injustice, Prohibition, Bonus, tariffs & embargoes, depreciated currency. War debts. He voted against the Wagner Act, the Guffey Coal Act, the Utilities bill, AAA, TVA, NRA, Cotton Control; for SEC, Neutrality, Pump Priming, fathered the Miller-Tydings Act for price control of trademarked goods. In this campaign, his most vulnerable spot is his failure to vote on Social Security...
When the New Deal was really new, Franklin Roosevelt announced early and often that one of his aims was to legislate a floor under wages, a ceiling over work hours. While he was trying to make good with NRA, and losing to the U. S. Supreme Court, another New Dealer was promising the same kind of legislation to Pennsylvania. Last week Governor (and U. S. Senator-nominate) George Howard Earle, having partially made good with a 44-hour week law, passed in 1937, but never put in effect, encountered the as yet unreconstructed Pennsylvania Supreme Court...
...Federal Wages-&-Hours Bill. And it was the respect in which it failed to pass the court. Including H. Edgar Barnes. Earle's appointee and the only Democrat on the bench, the seven justices ruled as though they were paraphrasing the U. S. Supreme Court's NRA opinion: that a legislature cannot legally "abdicate, transfer or delegate" its powers to an administrator...
William H. Davis, onetime NRA Compliance Director...