Word: agreement
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Dates: during 1930-1939
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...months ago at Tampa, Fla., Federal Judge Alexander Akerman made national news when he removed a handful of feathers from the Blue Eagle's tail by refusing to enjoin a dry cleaner who had violated NRA's minimum price agreement (TIME, Dec. 11). In Judge Akerman's opinion, the cleaner was not engaged in interstate commerce and therefore Congress, through the Recovery Act, had no power to regulate his business. If Congress claimed such authority, observed Judge Akerman, the Constitution would be voided and anarchy would ensue. NRA's power and prestige saved its face when...
Radio and newsmen wondered last week whether the new agreement was really a settlement of the old controversy or only one more excuse to keep it alive. The squabble between newspapers and radio began in earnest last summer when Columbia started its own news-gathering bureau. In two months Paul White, onetime United Pressman, had organized a staff of 600 correspondents. Columbia's News Service was successful but NBC, whose President Aylesworth is a bosom crony of A. P.'s Kent Cooper, had not had time to project a similar bureau before newspapers began strenuously objecting to Columbia...
Major weaknesses in last week's agreement were 1) the fact that it is not a contract but a protocol; 2) independent stations, not members of the National Association of Broadcasters, are in no way bound by the agreement...
...present state of uncertainty concerning American finance," snapped the spokesman, "would be useless - worse than useless! We must have a more substantial foundation than we have now on which to build any permanent relationship between American and British currencies. Otherwise we would risk entering into an unsound agreement which might be worse for both countries than the present situation...
What the President really wants is an understanding with Great Britain and France. Consultations will begin at once. It may be that Britain and France will see the wisdom of coming to an agreement at once in the interest of a revived world commerce. For no matter what are the temporary advantages, an uncertain monetary situation ultimately works to the detriment of business in all countries...