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N.R.A. CONFLICT

Administration and Business Leaders PRESIDENT’S MESSAGE General Johnson Attacks Opponents EFFECT OF PRICE-FIXING By Telegraph.—Pres. Assn.—Copyright. (Received May 6, 5.5 p.m.) Washington, May 4. The Chamber of Commerce closed its session to-day with the passage of a series of resolutions criticising sharply some features of the New Deal, but not taking outright opposition to the recovery programme. A rather sharp conflict of opinion developed'between President Roosevelt and the business leaders over a message the President dispatched to the Chamber in which he advised them to “Stop crying wolf," and urged full cooperation with the Administration, warning people that he would become impatient with those voicing “false fears” regarding the nation‘s economic progress. The division between the Administration and industrial leaders was probably further broadened by a vitriolic speech by General Johnson, administrator of the N.R.A., delivered at Columbus (Ohio) to-night, in which he declared : “Friends of the N.R.A. outnumber its enemies by many thousands to one, but the enemies have certain advantages. They. are wealthy and powerful. They all want just oue thing—to scuttle the whole recovery programme, make the blue eagle walk the plank, hoist the Jolly Roger on the Ship of State, and sail back to the good old piracy that brought the crash in 1929 and all that has happened since.” The N.R.A. is expected to get one of its severest jolts when the report prepared by the commission headed by Mr. Clarence Darrow is published in a few days. It was delegated to the study of monopolistic trends under industrial codes. It is understood that it presents the conclusion that consumers have suffered heavily through the organised price-fixing which rhe N.R.A. not only allows, but urges. WAR DEBTS- RULINGS Britain Has Not Defaulted (Received May 6, 5.5 p.m.) Washington, May 5. If Great Britain were in default of her war debts to the United States, Canada would not be in default byvirtue of her being a self-governing Dominion of the British Commonwealth of Nations, the Attorney-General. Mr. H. S. Cummings, ruled to-day. He also declared .that the United Kingdom had not defaulted when she made token-payments on war debts instalments. RESTRICTING OUTPUT Sweeping American Plan (Received -May 6, 5.5 p.m.) London. May 5. Sir Stafford Cripps, speaking at Upton and referring to bis visit to America, said that Mr. H. A. Wallace. Minister of Agriculture, had fold him that it had been decided to put out of cultivation 25.000.000 acres in the western States. The Government was contemplating stopping cultivation over 75,000,000 acres out of a total area of the United States the equivalent to the entire cultivated area of Canada.

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https://paperspast.natlib.govt.nz/newspapers/DOM19340507.2.79

Bibliographic details

Dominion, Volume 27, Issue 187, 7 May 1934, Page 9

Word Count
437

N.R.A. CONFLICT Dominion, Volume 27, Issue 187, 7 May 1934, Page 9

N.R.A. CONFLICT Dominion, Volume 27, Issue 187, 7 May 1934, Page 9