INDUSTRY IN AMERICA

Waikato Times, Volume 117, Issue 19597, 8 June 1935, Page 7

INDUSTRY IN AMERICA

MEETING THE CRISIS. LIFE OF RECOVERY ACT. PROPOSED EXTENSION FOR YEAR. United Press Assn. —Elec. Tel. Copyright. WASHINGTON, June 6. President Roosevelt met the N.R.A. crisis to-day by a decision to press a simple resolution through Congress to extend the life of the Recovery Act from June 16, 1935, to June 1, 1936. The clause in the Act giving the President power to approve or prescribe codes, and to enforce them, was eliminated from the resolution in order to meet the Supreme Court’s constitutional objections. The resolution was immediately approved by a committee of t,he House of Representatives, but to-day the American Federation of Labour started a counter-attack. It issued a statement declaring that the adoption of an emasculated Recovery Act would be a surrender to the opponents or nationa. recovery. The Federation said it would take the fight for a new Recovery Act to the people, indicating that It would sponsor a constitutional amendment to allow tiie Government to carry out the original programme. The federation also issued a report slating that at least 1,000,000 workers have suffered cuts In wages or Increased working hours since the Court’s decision, which they interpret as the beginning of the collapse of the existing waggs structure.

END OF A STRIKE. DISPUTE GOES TO ARBITRATION. United Press Assn.—Elec. Tet. Copyright. NEW YORK, June 6The strike at the Edison plants at Toledo, Ohio, ended precipitously today. Following an appeal, apparently from Mr Roosevelt, the electrical workers voted lo return to work and submit the wages issue to arbitration. The American Iron and Steel Institute, which represents 90 per cent of the steel industry, has resolved lo continue the wages, hours and conditions of labour provided by the slee. code, wherever possible. A SKELETON ORGANISATION. HOUSE PASSES RESOLUTION. l.nlTr.' r— is \?*n. Elec. T?l VI TOt (Received June 8, iI.IO a.m.) WASHINGTON. June 7. A resolulion extending the skeleton N It.A. organisation until April i, 1030, and authorising the President, Air Roosevelt, to approve voluntary codes, was adopted by the House of Representative# and was sent to the Senate,