ROOSEVELT’S MOVE.

Pahiatua Herald, Volume XLI, Issue 12428, 22 August 1933, Page 3

ROOSEVELT’S MOVE.

AMERICAN INDUSTRIES. Electric Telegraph—Cross Association WASHINGTON, August 19. L resident Roosevelt to-day signed the lumber industry code. This was expected to lead off the mass movement of industrial codes with steel and oil agreements being a matter only of hours. r lhe steel code was agreed upon in the main bv that industry’s leaders and .National Recovery Act officials, and awaited only adjustment of a few minor details. This code is expected to be subjected to a three months’ test. As an indication of the stronoposition President Roosevelt is tak° mg at the failure of the petroleum industry to reach an agreement, he revised the code, providing a modi-price-fixing and production control, and submitted it to operators for acceptance within 24 hours. A rejection of the revised code might lead to the Government licensing the entire industry. Subsequently the oil operators announced that they could not agree and turned the responsibility for their industry codification over to the Government. Miners and operators continue apparently miles apart on practically every proposal, but although General Johnson had delivered tiie ultimatum that the code must be ready to-day, be apparently relented and intimated that the conferees would have till next week. Among the minor though interesting industries whose code also received the President’s signature today were the fishing tackle and photographic supplies manufacturers. dlie dressmakers’ strike ended todny with the introduction of a slidmg wage scale satisfactory to the contractors and workers.