The most perfect of plans, would have defects put into operation by Imperfect body of men. But the' Dlans themselves were far from per-feet and. then more important relict organisations ave now abandoned {heir original objectives. tu 1883 four plans. embodied in two Dill, Wwere advanced by the President and Congress to Break the back of the Depression. They were the National Industrial "Recovery "Act. with a $3,000,00,000 oad Public. Works a Propriation attached and the Agricul-Eiral Adjustment Act to which. was tacked a clause permitting the Presi-he dollar. be searcely recognizable. Its attempt to marshal the whole industrial life] of the country under codes has been abandoned. and its present officials recommend that it should restrict the Scope of its activities to the larger trades which are definitely "inter-slate" in character. Not only did, URA, try to do too much, but much that i tried to do was unconstitu:
philosophy that increase wages anal, Moreover, is' underlying Shorter hours could be adopted before production and market demand had increased is vigorously chal-tenged. Higher wages and. shorter hours have in many cases led to rise in the price of the product, which has reduced demand and caused curiallment of production. The pub-lie works activities which was to have stimulated the heavy industries whils NA. was stimulating the consumer industries have done nothing of the kind. "By putting a prop _under atlifcially high prices of materials and under wages of building trades workers many believe it has retarded production. The new work-relic! Bill may prove more efficacious now that the "prevailing wage" principle has been eliminated.
Text read from the printed page and cleaned; old type leaves the occasional error.