RECOVERY: Exeunt Omnes

Without bothering to take a record vote, the Senate last week passed a resolution to extend NRA, not for two years but only to next April 1, to outlaw code price-fixing in all but mineral natural-resource industries, to exempt from code control "any person whose business is wholly intrastate."

If the House approved the Senate's resolution, it was conceded that it would become a sentence of slow death. For industry would not want to be bothered attending for nine months at the deathbed of an emasculated Eagle.

But if the House did as the President wished—insisted on a two-year extension without emasculation—it...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!