NATIONAL RECOVERY
PROGRESS UNDER ACT
CODES AND STRIKES
WASHINGTON, September 20. Controversies over price-fixing and functions of the various Labour arbitration boards have'attracted major interest in the National Recovery Act today.
At a hearing of the pivotal retailers' code, the so-called planning division of the National Becovery Act, whose membership includes a group of noted economists, declared that price-fixing would wreck the whole recovery programme. They said it would decrease consumption, cause widespread business failures, and make "indefinite monetary inflation" necessary. The strike situation has apparently heavily taxed the patience of the arbitration officials. Senator Wagner, chairman of the Central Board, threatened to resign over alleged interference by General Hugh Johnson's subordinates. However, the situation was smoothed over by General Johnson's orders to local boards not to supersede the Central Board in strike negotiations. • .
In -what is Relieved to be the first Court trial for violation of the N.R.A. code, a clothing contractor at Newark, New Jersey, was found guilty for violating the State N:B.A. Enforcement Act in failing to pay his employees back pay owed under the code. Sentence was deferred. There is no intimation as .to the probable nature of the sentence.
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Bibliographic details
Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 11
Word Count
194NATIONAL RECOVERY Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 11
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