U.S. RECOVERY PLAN

Hokitika Guardian, 22 August 1933, Page 5

U.S. RECOVERY PLAN

INDUSTRIAL CODES

READY TO PUT INTO EFFECT

(United Pr €6S Aseociation —By Electric Telegraph—Copyright.}-

WASHINGTON, August 19

President Roosevelt to-day signed the lumber code. This is expected to lead off a mass movement of the industrial codes, -with steel and oil agreements being a matter only of hours.

The steel code has been agreed upon in the main, by that industry’s leaders, and N.I.R.A. officials, and. awaits only the adjustment of a few minor details.

The oil code with the Government and petroleum entrepreneurs still in deadlock over the question of full price fixing, is expected to ,bo an N.I.R.A. formula, since the od operators announced they could not agree and turned the responsibility of their industry codification over to the Government.

The coal code is still far from formulated. Nine operators continued to be apparently miles apart on practically every proposal, but although Mr Johnson delivered an ultimatum, the code must be ready to-day, he relented, and intimated that .the conTerences have till next week. ■ vr

Among minor, although interesting industries whose codes have also receiver the President’s Signature today, were fishing tackle and photographic supplies. The dressmakers strike ended today with the introduction of a sliding wage scale, satisfactory to the contractors and the workers.

SUPPORT FOR ROOSEVELT PLAN

STATEMENT BY MR T. C. LIST

WELLINGTON, August 21

Mr T. C. List (proprietor of the “Taranaki News,” and N.Z. Governor of Rotary who has just returned from the United States) said to-day-“ln regard to national recovery measures, Mr Roosevelt has succeeded in getting all sections, including capitalistic and repub lean interests, to fight behind him, and there is a general determination to fairly try out the new measures, unprecedented and socialistic as they are in so many respects.” Ho said that already two million people had been returned to work, and it was confidently felt in Washington that bp the end of the year, another seven million would be engaged. Each industry was being asked to agree to a working code, iiot only in respect of business practice in order to eliminate waste and losses, incidental to unrestricted and insane competition, Arrangements in connection with ployment followed the same lines as our arbitration and eonsiliation agreements, and Labour was given a standard it never previously enjoyed. Mr Roosevelt had around him a very democratic and energetic cabinet, and council of advisers, who were busy cutting across every principle and shibboleth previously held inviolable bv the country, and clearing quite a new track leading whether none knew, not even themselves, hut the remarkable fact remained that practically the whole country was behind them, the feeling being that whatever occurs, no new condition could be worse than that experienced during the past few years, when onethird of the country’s working population was without employment, and rendered destitute and desperate. The country believed that Roosevelt like Lincoln, in the time of crisis, was to lead the nation into the promised land.