The New Deal In Washington by Rodney Dutcher
Washington letter discusses NRA wage hour issues and Supreme Court fate. It notes nine old men in the high court and the Belcher lumber case shaping whether Congress can regulate production under interstate commerce. It mentions Richberg’s proposed NIRA changes and a munitions industry bill.
MENTIONED IN THIS ARTICLE
Rodney Dutcher
Washington
Congress
U.S. Supreme Court
Senate
House
Supreme Court
Belcher Lumber
Donald Richberg
Baruch urged to testify on war profit controls in Senate bill
Backed by a committee member, writer Baruch and Bernard Mannes Baruch are slated to testify on war profits at a congressional hearing. The Senate bill aims for stronger action than Baruch’s plan, proposing price freezing and potential removal of war profits. Baruch will reconcile his 1931 War Policies Commission statements with current proposals, explaining how wartime production and cost per unit affect profit.
MENTIONED IN THIS ARTICLE
Senate Munitions Committee
Krapevine
Leavenworth
Atlanta
John T. Flynn
Bernard Mannes Baruch
Johnson
McSwain
House
Senate
Baruch
War Policies Commission
Huge War Time Orders Boost Plant Profits
A company with 1,000,000 turnover and 10 percent net profit on normal activity takes on a $4,090,000 year of orders. With no rise in selling and admin costs and only fixed overhead rising to 90,000, material and direct labor cost 2,880,000 on 4,000,000 sales, plus 100,000 general and admin expense, yields a net profit increase while efficiency tests show capacity utilization under wartime demand.
MENTIONED IN THIS ARTICLE
NEA Service, Inc
U S Prepared To Stay Out Of War Says Price
The Associated Press chief in Washington argues the United States likely to avoid a European war, noting public sentiment and economic factors. He cites war experience, debt repudiation, and pacific focus as reasons keeping America aloof while officials remain ready to stay put if conflict arises.
MENTIONED IN THIS ARTICLE
Byron Price
Associated Press
Washington
Official Washington
United States
Europe
Pacific
Atlantic
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Bahama
Islands
Roosevelt
Vincent Astor
Nourmahal
NGS
Neasel
Seo
HAMAS
Nire
Barr
Sue Evering
Department of Pharmacology
University of California
California
Bakers of Blue Ribbon Bread
Puta Erta
Jean Nedra
Tse
Flere’s
Blucher Oxfords
U. S
the News-Post
Penney
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