Word: coding
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Dates: during 1930-1939
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...Textile Inquiry Board went into a 48-hour huddle with employers to find on what terms they would submit to arbitration. Governor Winant emerged to announce curtly that the employers would arbitrate on no terms whatsoever. Their position was that Labor was attempting to alter the textile code by force and should be resisted to the bitter end as a matter of principle...
Unexpectedly to the mill-owner's side after two weeks of silence charged NRAdministrator Johnson. At an NRA Code Authority meeting in Manhattan he accused U. T. W.'s President Thomas F. MacMahon of bad faith, denounced the strike as an "absolute violation" of the agreement reached by U. T. W. and NRA when a strike threatened last June (TIME, June 11). Roared the redoubtable General : "If such agreements of organized labor are worth no more than this one, then that institution is not such a responsible instrumentality...
...Corp. is the largest consumer of hardwood in the U. S. It requires between 300,000,000 and 400,000,000 ft. annually. With furniture and building in the dumps, a small slice of an order by Fisher will keep an average mill operating for months. Yet the Hardwood Code allows no discount on even the whopping Fisher orders...
...flatly announced that costs must be cut. In August when Fisher Body was ready to buy lumber, its purchasing agents told the hardwood manufacturers something like this: "We cannot afford to pay $66 per thousand ft. of oak. We know that is the minimum price established by your code authority but we can pay only $60. We know and you know that $60 will leave a profit. If you accept the order you will be violating the letter of your code but you will not be violating the spirit, which provides for protection of costs. In any case we request...
Knowing that they could indeed make a profit at the Fisher figures, 62 concerns gladly divided the huge order. Bartlett C. Tully of Anderson-Tully Co., one of the biggest hardwood units in the hardwood capital of Memphis, made haste to resign from the code authority because he shared in the Fisher order. Recruiting hundreds of allies the 62 defiant companies then asked the code authority to abolish price-fixing. Last week after the Memphis pow-wow their petition was flatly denied. NRA Deputy Administrator E. A. Selfridge threatened to crack down, declaring that the Department of Justice was ready...