U.S. INDUSTRIES

Nelson Evening Mail, Volume LXVI, 21 August 1933, Page 5

U.S. INDUSTRIES

LUMBER CODE SIGNED BY PRESIDENT PROGRESS WITH STEEL AND OIL

(United Presß Association—By Electrio Telegraph—Copyright)

WASHINGTON, 19th August. President Roosevelt to-day signed the lumber code. This is expected to lead off a mass movement of industrial codes, with steei and oil agreements being a matter of only hours. The steel code has been agreed upon in the main by that industry’s leaders, and the N.R.A. (officials, and awaited only the adjustment of a fe wminor details.

The oil code, with Government and petroleum entrepreneurs, still in a deadlock over the question of full price fixing, is expected to be the N.R.A. formula, since the oil operators announce that they could not agree and turned the responsibility of their industry’s codification over to the Government. The coal code is still far from formulated. Nine operators continued apparently miles apart on practically every proposal, but although Mr Johnson delivered an ultimatum that the code must be ready to-day be relented, and intimated that the conferees would have till next week. Among minor, though interesting industries, whose codes also received the President’s signature to-day were fishing tackle, and photographic supplies. The dressmakers’ strike ended to-day with the introduction of a sliding scale satisfactory to contractors and workers. AUTOMOBILE INDUSTRY MR FORD IGNORING ACT WASHINGTON, 19th August. Mr Johnson, at the hearing of the important code for the automobile industry, by inference warned Mr Ford that he must subscribe to the provisions of the National Recovery Act or suffer the designation of a non-co-operator in the Administration’s industrial recovery plans. Mr Ford has so far ignored the National Recovery Act and indicated that he was opposed to its basic principles of the Government’s participation in business. National Recovery Act officials are adamant on the, principle that labour must be allowed the privilege of collective bargaining, and join such labour organisations as it wishes, not necessarily the so-called company unions. As an indication of the strong position President Roosevelt is taking at the failure of the petroleum industry to reach an agreement, ’ he has ' revised the code providing for modified price fixing and production control, and has submitted it to the. operators for acceptance within 24 hours, the rejection of which might lead to the Gcverhment licensing the entire industry. MR "FORBES CONFIDENCE IN ROOSEVELT PROGRAMME BOSTON, 18th August. Confidence that Pi’esident Roosevelt’s programme of reconstruction will lead the United States, and with it the rest of the world, to prosperity, was expressed on Friday night by the Prime Minister of New Zealand,' Mr Forbes, who said: “President Roosevelt is a man engaged in a great mission. lam confident his programme of reconstruction will be successful in returning prosperity to the United States, and with it to the remainder of the civilised world.”

Mr Forbes was guest of honour at an official banquet tendered by the Mayor, Mr James Curley.