National Industrial Recovery Act, 1933
- (NIRA)One of the cornerstones of the New Deal in its “First Hundred Days,” NIRA was intended to bring about industrial recovery by establishing codes of fair competition that would provide manufacturers with a decent price for their goods and provide workers with a fair wage. The act suspended antitrust legislation to allow industries within the same area to agree on voluntary codes, setting prices and wages. Section 7 guaranteed workers the right to organize. Some 2 million employers agreed on approximately 500 codes. Almost 22 million workers came under these agreements.Title II of the act established an emergency Public Works Administration with $3.3 billion to provide work relief through the construction of dams, public buildings, roads, airports, and other projects. This was to be partially funded by excess profits taxes authorized under Title III. A National Recovery Administration (NRA), under Hugh Johnson, was established to oversee the operation of the act. The codes were approved by the NRA with the famous Blue Eagle symbol. In 1935, the Supreme Court ruled NIRA unconstitutional in Schechter Poultry Corp. v. United States. It was not replaced and has largely been judged a failure by historians.
Historical Dictionary of the Roosevelt–Truman Era . Neil A. Wynn . 2015.
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National Industrial Recovery Act — Front page of the National Industrial Recovery Act, as signed by President Franklin D. Roosevelt on June 16, 1933. The National Industrial Recovery Act (NIRA), officially known as the Act of June 16, 1933 (Ch. 90, 48 Stat. 195, formerly codified… … Wikipedia
National Industrial Recovery Act — Le Blue Eagle de la NRA Le National Industrial Recovery Act ou NIRA (« loi de redressement industriel national ») est une loi américaine adoptée le 16 juin 1933 dans le cadre du New Deal de Franklin D. Roosevelt, au cœur de la Grande… … Wikipédia en Français
National Industrial Recovery Act — Página inicial de la National Industrial Recovery Act, firmada por el presidente Franklin D. Roosevelt el 16 de junio de 1933. La National Industrial Recovery Act (conocida como NIRA por sus siglas en inglés), y llamada oficialmente Ley del 16 de … Wikipedia Español
National Industrial Recovery Act — an act of Congress (1933, declared unconstitutional in 1936) that enabled the president and the National Recovery Administration to formulate and execute measures for reducing industrial unemployment. Abbr.: NIRA, N.I.R.A. * * * … Universalium
National Industrial Recovery Act — an act of Congress (1933, declared unconstitutional in 1936) that enabled the president and the National Recovery Administration to formulate and execute measures for reducing industrial unemployment. Abbr.: NIRA, N.I.R.A … Useful english dictionary
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