Show Inside Stuff By PAUL MALLON WASHINGTON ASHINGTON V June Junc 11 The II-The The best jest best guide as to what effect the dismantling of oC the N R A will have on business Is a confidential study prepared by new deal economists for the guidance of oC officials It in indIcates indicates indicates in in- that a lot of people are arc jumping to hasty Economist conclusions that Analyze man many prevailing N R it A Demise notions arc are The economists did not concern themselves with Imagining future busIness justness ps psychology cholo y or calculating labor abor sentiment They set out to find ind what could be reasonably expected expected ex ex- expected in each cach major Industry from scrapping crapping the code of oC that industry particularly as to prices hours wages wages earnings Their conclusion was that about seven even industries ma may be adversely affected four or five benefited and the he great bulk buIlt presumably unmoved for or the present The overlooked fact discovered by the he economists was that the dismantlIng dismantling dismantling dis dis- dis- dis mantling of N R A will probably affect each industry In a mild and different way because the N R J A Itself had a mild mUd and different potency potency po- po tency in each industry For Instance the price fixing features features' fea- fea features features' tures' tures were not included In most codes have been dropped dropp recently or have havo not been n enforced This is broadly true of oC auto manufacturing manufacturing manufacturing man man- lumber food products household products machinery paper pa pa- per perA A few few- industries had generally higher standards Industry of wages than th the e Affected N R A standard Slightly notably aircraft chemicals Some were monopolistic and already had fairly good trade understandings such as steel aluminum chemicals Some have strongly organized labor groups groups and their labor standards are based primarily on this fact rather than N R A building trades for one The drug trades were never fully codified The complicated code for motion pictures and theaters was I not well enforced The utilities havene have ne never er operated under NR A. A None of oc these industries therefore is expected ex expected expected ex ex- to be affected c. c ed materially The few industries which may be adversely affected are those whose beneficial relationships with N R A have lave been advertised widely namely namey name- name I ly y cotton textiles bituminous coal liquor fertilizer copper glass con These aleF are ale F cw Fn w Harmed the ones which And Some Somo w were e ere r e previously Benefited suffering f fro from r o m sharp throat cut-throat competition were weakly organ- organ zed The Thc ones which may be benefited are office equipment railroad equipment retail trade utilities and possibly railroads Most of them expect expect ex- ex to profit from reduced costs A markdown of ot retail merchandise is expected but this will come como in a alack slack lack season and is expected to increase Increase in increase In- In crease the tho volume of ot sales in thelong the thelong long ong run I From these facts the conclusion is obvious that not only have the codes varied for tor each industry but compliance has also There are arc codes signed supplements affecting about 20 people The largest number of codes covered manu manufacturing industries industries industries in in- but more than half of the total number of at persons supposed tobe to tobe tobe be affected were in localized operations operations operations opera opera- retail stores restaurants hotels hotels hotels ho ho- laundries construction opera opera- The extent of compliance inthis in inthis inthis this phase of oC N R A endeavor was never fully tully determined to state it mildly The newest and best governmental tal palace is the supreme court building It cost which than million dollar I means more a slice of office room for each of the nine justices Recently besides one of the stately stately stately state state- ly marble pillars in this edifice which adequately reflects the integrity in integrity integrity in- in of oC the courts was placed the only sign on the outside of ot the building It reads No Skating Observers are undecided whether it is an admonition to the venerable justices or to the tho new deal as it I was erected after the N R A deci deer sion slon y The new deal certainly has brought prosperity to Washington if it nowhere else Tourist traffic has increased about 30 per cent above last year accord- accord Brought ing tag to the Smith Smith- Prosperity I Ins n s 1 t tit 1 I 1 t u uTo uTo u- u To Capital tion v tv where he r o e a check is m main main- a In- In A total of oC visitors crowded into town last year The fhe Smithsonian estimate indicates there will be close to this year ear A single group of ot is here now Building permits reflect the housing housing housing hous hous- ing shortage In the first five months of ot 1935 they amounted to as compared with last year In 1029 1929 they were for the first quarter But the trick in it is that with business so much better there has been no appreciable diminution of the number on relief In April a year ago there we were e WashIngton WashIngton Wash Washington ington families on relict relief and in April this year Copyright 1935 for The Telegram ram |