Word: maximum
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Dates: during 1930-1939
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...hours per week and 40? per hour. It provided a 43?-hour minimum wage in all big-city plants. The average work week was set at 35 hours. Because of the seasonal peaks and valleys of automobile production provision was made that employes might be worked a maximum of 48 hours a week during such periods so long as time during slack periods was scaled down to keep the average. Office help was put on about the same minimum basis as the President's Re-employment Agreement-40 hours a week...
...Chicago's Board of Trade, instigated by Washington, set a temporary level below which grain future prices would not be allowed to sink. Last week that artificial floor was removed. Prices-which had been bobbing along on the rule like balloons without lifting power-promptly dropped the maximum amounts permitted in one day's trading. Great was the hullabaloo. Representative Jones of Texas and Senator Smith of South Carolina promptly swung inflationist thunderbolts about their heads again. Letters and telegrams poured into Washington demanding that the Government repeg prices. No such action was taken. Next morning the grain...
First of the three codes to be pushed through to Presidential signature was lumber. It did not stop with providing a 40-hr, maximum week (extensible to 48 hr. at seasonal peaks) and wages of 40? an hour. It provided that the industry should undertake forest conservation measures (details to be worked out in co-operation with the Administration). Biggest of all it set up a "Lumber Code Authority Inc." which will 1) estimate consumption, work out production quotas; 2) set minimum prices so that no lumber products may be sold below cost. Dr. Wilson Compton, manager of the National...
...steel men into a room, kept them there for twelve hours with only a brief intermission for dinner-virtually whipped them into agreement. They came out late at night, glum, shaking their heads grievously. He had beaten down their demand for continuance of open shop.* The code provided a maximum 40-hr. week (extensible to 48 hr. at seasonal peaks); a minimum 40? an hour wage; an eight-hour day effective after Nov. 1 if the industry is operating at 60% or more of capacity; three representatives of the NRA to see that steel obeys its code. Gloomily accepting these...
...Ickes-Moffett code set a 40-hr. week, 40? an hour minimum pay, empowered the President to fix for 90 days a maximum base price per gallon of gasoline, crude oil prices per bbl. to be 18.5 times as high as the gasoline price. By way of compromise the whole question of price was, however, left subject to change by a committee of 15 to be appointed by the President. The committee is to "recommend" to States the quota production they should permit and by forbidding greater shipments in interstate commerce will enforce its "recommendations." Furthermore, withdrawal of oil from...