Word: wages
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Dates: during 1930-1939
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President Roosevelt had no comment. But the House Rules committee acted swiftly, reported on equal terms four wage-hour bills: Barden's, Mrs. Norton's, another Norton bill containing only non-controversial amendments, and one by Georgia's Ramspeck without exemptions for farm workers...
...Norton repeated her plea of many months: that the committee either grant an out-&-out "gag" rule to her New-Deal-approved amendments to the wage-hour law when they reached the House floor, or grant no rule at all. Chairlady Norton, whose crisp black (undyed) hair belies by 20 years her age (64), feared the committee would grant her only an "open" rule. That would let Graham Barden of North Carolina substitute on the House floor his own wage-hour amendments, which are anathema to the New Deal. Mr. Barden's amendments would take 2,000,000 workers...
...unavoidably Senator Pat McCarran of Nevada had to bring it up the next day. Author of an amendment to the Spend-Lend Bill, to restore prevailing wage-rates on WPA projects, he admitted his cause had been "greatly impaired." The Senate quickly slapped down his amendment...
...Farm Appropriation Bill, he may spend $50,000,000 in subsidizing export cotton and cotton products. This was the first time that the "products" phrase of the authority had been used, and it was a politically agile move, since nobody has damned the New Deal, particularly its Wage & Hour Bill, harder than Southern textile men. He now announced that, beginning July 27, every person who exports U. S. cotton will be paid a subsidy of 1.5? per lb., and every exporter of cotton goods will get from 1? to 2.1? according to classification...
...bank depositors against loss on deposits up to $5,000. Meanwhile, deposits of commercial banks have increased from $39,562,000,000 to $51,355,000,000 and U. S. bankers have sweated trying to make the billions earn money. Stagnant business and stagnant real estate have reduced the wage that a banker's dollars can earn. To keep them from becoming unemployed he has had to hire more & more of them to the Government. Today all banks have 30% of their total deposits on "relief"-hired out to the Government at a bare subsistence wage...