President Roosevelt last week gave up his Sunday evening to U. S. industry. Pen in hand he approved the cotton textile code, first of its kind under the National Industrial Recovery Act. Because a code cannot take effect until the second Monday after the President's approval, by signing Sunday night Mr. Roosevelt saved a week. The cotton code now goes into effect July 17. The interval is set aside to give the 23% of the industry which did not subscribe to the code time to agree to its provisions, or be forced in...
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