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N.R.A. CRITICISED.

SCATHING REPORT. COMPLETE FAILURE. Fosters Monopoly, Oppresses Small Trader. BARROW INQUIRY FINDING. (United P.A.-Electric Telegraph-Copyright) (Received 1 p.m.) WASHINGTON, May 20. The most severe criticism that the N.R.A. has yet been subject to is contained in the so-called Darrow report of over 80,000 words, published today, with a sharp rebuttal by General Johnson, head of the N.R.A., attached.

Months ago Mr. Clarence. Darrow, the noted lawyer, was appointed head of the "National Recovery Review Board," and after protracted hearings came to the conclusions which are now published. He declares that the N.R.A. is a complete failure, and that it fosters monopoly and oppresses smaller enterprises for the benefit of big industrial combines. He recommends to President Koosevelt socialisation -and collective ownership, and control of industry followed by the planned use of America's resources, as the only remedy for the economic disease. Specifically Mr. Darrow contends that jf the N.R.A. codes of fair competition are made effective they must be rigorously administered by the Government, and he claims that under the present system of code authorities big industries are placed in a position of "trying themselves." General Johnson's answer declares that the.report is "nonsensical and'intemperate," and in some instances "false." He suggests that Mr. Darrow seeks to offer the country a choice between Fascism and Communism, neither of which the American people will accept.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19340521.2.57

Bibliographic details

Auckland Star, Volume LXV, Issue 118, 21 May 1934, Page 7

Word Count
225

N.R.A. CRITICISED. Auckland Star, Volume LXV, Issue 118, 21 May 1934, Page 7

N.R.A. CRITICISED. Auckland Star, Volume LXV, Issue 118, 21 May 1934, Page 7