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...collateral codes, the Drug Code and the Food Code. For into them was to go the Retail Code's key clause-or the principle it laid down -on price-cutting. The question of hours & wages was no issue; that had been settled by the President's blanket code. Labor was no problem. The nation's salespeople are wholly unorganized. The essence of the proposed magic was to end forever the blight of cutthroat competition which always reacts balefully upon merchant, manufacturer, laborer and ultimately consumer. In Article VIII Section I of the Retail Code resided its prime...

Author: /time Magazine | Title: Business: Codes for Counters | 10/16/1933 | See Source »

...Great Atlantic & Pacific Tea Co. testified in the Food Code hearing that the temporary blanket code had forced them to add 12,000 employes, the yearly payroll by $10,000,000. . . Woolworth last week was reported it was beginning to hire smarter, wage-worthy salesgirls who would actually sell, not simply make change, wrap packages...

Author: /time Magazine | Title: Business: Codes for Counters | 10/16/1933 | See Source »

That section of Adolf speech which dealt specifically (and with welcome frankness) with Franco-German relations, ought to have thrown a wet blanket over the hot foreign presses. The Chancellor declared in his best manner that only a madman would even consider a war between France and the Fatherland, since 'the sacrifices entailed were so much less than the losses of conflict." Certainly this should have satisfied Europe. But the last war seems to have spawned a great many political sceptics, whose unkind interpretation of Hitler's argument reads something like this: "War at the moment would be disastrous...

Author: NO WRITER ATTRIBUTED | Title: Yesterday | 10/16/1933 | See Source »

...strike involved recognition of United Mine Workers by the "captive" soft coal mines of Pennsylvania. These mines are owned and their entire output is used by the great non-union iron and steel companies. Last fortnight U. M. W. won complete recognition from most commercial mine operators in a blanket wage contract under the coal code. Because that contract did not include the "captive" mines of U. S. Steel Corp., Bethlehem Steel and others, some 75,000 Pennsylvania diggers under Insurgent Martin Ryan refused to work in any sort of mine...

Author: /time Magazine | Title: National Affairs: Striking Partner | 10/9/1933 | See Source »

...hour week against 30?. Pressed for details on former wages, Vice President Winthrop Neilson stated that Alcoa was paying as low as 20? an hour or $8 a week until it voluntarily jumped to 22? "in an attempt to cooperate in re-employment." When Alcoa signed NRA's blanket code, wages were boosted to 30? an hour. "We accepted 30? an hour for what we hoped would be a very brief period in order to get the Blue Eagle," explained Mr. Neilson. Asked about Alcoa-owned Bauxite, Ark., Mr. Neilson described it as a "model mining town" with "excellent...

Author: /time Magazine | Title: Business & Finance: Code for Mellons | 10/9/1933 | See Source »

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