Word: aaas
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...encouraging picture of a 1937 deficit of only half a billion dollars, smallest of the Depression. That picture was possible because he postponed estimating the amounts needed for Relief, took no notice of the Bonus Bill that Congress was about to pass, and did not anticipate the unconstitutionally of AAA processing taxes...
Best means, he concluded, would be to set up a great Industrial Adjustment Board to make contracts with corporations as AAA once did with farmers. These contracts would specify how much each plant should produce, how many workers they should employ, how high wages should be. what prices should be charged. For fulfilling these contracts each business would receive benefits (like AAA benefits) paid for by production taxes (like processing taxes...
...answering the statement that the New Deal measures have helped business, Sullivan referred to the drop in the stock market when the NRA and AAA were passed and the subsequent rise when they were declared void by the court. He went on to call the administration the most remarkable political matchine of all time and summed up their political and economic philosophy as "Hell bent for election...
Since cotton and tobacco farmers are on the whole devoted to AAA, the Democratic South should certainly be solid this year. The Gallup poll shows that section of the country to be stronger than any other area for Roosevelt. Thus Mr. Hurja properly counts 146 electoral votes from 13 Southern states...
...Commissioner of Internal Revenue that he had neither passed the tax back to the producer nor on to the consumer. Few processors would even attempt to prove any such thing. They might, however, argue that if AAA was illegal, so were its amendments. On this basis they could sue the Government for a tax return just as the Government has been sued for collecting excess income taxes and excess War-profit taxes. Because the meat-packing business is so large and so concentrated, the four big packers made large recoveries on the AAA decision. Their refunds were reliably estimated...