I saw an old 1930’s movie on Turner Classics last week, and the print was preceded with an enormous blue eagle (with a gear in its claws), and the maxin “We Do our Part”. Exactly what was the NRA? Did it employ people? Andhow long was it in business. :rolleyes:
The National Recovery Act, IIRC. It was part of Roosevelt’s New Deal. Other than being a program to help get us out of the Depression, I can’t offer any more information.
It was the National Industrial Recovery Act (NIRA). It allowed the president to have more control over private businesses and promote goverment spending in corporations.
It was found to be unconsitutional in 1935. The court’s rebuke of the NIRA was one of the first major setbacks to Roosevelt’s New Deal programs.
The NRA was the National Recovery Administration, which was set up by the National Industrial Recovery Act. The NRA set up a business code. Businesses agreed to do a number of things, such as pay a minumum wage, maximum working hours, (typically, at least $12-15 for a 40 hour week), other benefits to workers, price codes, and “codes of fair competition”. In exchange, they’d be exampt from antitrust laws and able to set up cartels.
It was founded in the summer of 1933, and declared unconstitutional in the spring of 1935. (Schechter Poultry Corp v US)