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National Industrial Recovery Act

BlueEagle.jpeg

The United States National Industrial Recovery Act (NIRA) of June 16, 1933 established codes of fair competition aimed at supporting prices and wages and stimulating economic revival from the Great Depression of 1929-33. The law created a National Recovery Administration (NRA) to promote compliance on the part of corporations. Firms which voluntarily complied could display the Blue Eagle.

The NIRA was overturned on May 27, 1935 when the Supreme Court of the United States ruled in the case A.L.A. Schechter Poultry Corp. v. United States (295 U.S. 495) (sometimes called the "sick chicken" case) that the Act encroached upon states' authority, unreasonably stretched the Commerce Clause, and gave legislative powers to code-makers in the executive branch.

Referenced By

1935 | 27 May | 27th May | A.L.A. Schechter Poultry Corp. v. United States | Communists in the U.S. Labor Movement | Communists in the U.S. Labor Movement (1919-1937) | History of the United States (1918-1945) | May 27 | May 27th | New Deal | Panama Refining Co. v. Ryan | Public Works Administration | Schechter Poultry Corp. v. United States | Schechter v. United States | Schecter v. U.S.

 

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "National Industrial Recovery Act".

 

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