Word: provisionally
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Dates: during 1930-1939
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The text of the act states: "The act is to remain in effect only during the continuance of the emergency and in no event beyond May 1, 1935." In his majority opinion, Chief Justice Hughes explicitly placed himself on this ground, that "... the relief afforded and justified by the emergency...
Now Mr. Roosevelt, in his message to Congress, did not hesitate to say that the "reforms of the New Deal were here to stay," that "civilization could not go backward," and that a large number of his more important legislative measures must be permanent. By a majority of 5-4...
¶ A wholesale retirement of directors took place from nearly all the big banks of the U. S. They stepped out to comply with the provision of the Banking Act of 1933 which prohibits a person interested in dealing in securities from serving as a bank director after Jan. 1...
Last week in its 137th year Roosevelt & Son announced a complete breakup in anticipation of the provision of the Banking Act of 1933 which requires private bankers to segregate their banking business from their securities business before next June. Thus the oldest investment firm in Wall Street became the first...
All this was fortunate for motormen not only from the standpoint of profits but of privileges. The motor industry has become the prize pupil in Franklin D. Roosevelt's school of Recovery. The growth of automobile business helps to relieve unemployment, helps to keep the steel mills busy, helps...