INDUSTRY: Supreme Effort

''History probably will record the National Industrial Recovery Act as the most important and far-reaching legislation ever enacted by the American Congress. It represents a supreme effort to stabilize for all time the many factors which make for the prosperity of the nation."

Thus last week spoke a happy, happy President as he squiggled ''Franklin D. Roosevelt" at the bottom of the biggest piece of legislation he had gotten from an adjourning Congress. At the signing ceremony Senators and Representatives who had helped to whip the measure through just as the President wanted...

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