. . *
that production has not advanced sufliciently to *.
sustain the higher wages. The average index of
production for the entire calendar year 1934
in all of which the NRA was in full operation;  
was only 124 as compared with 119 for the entire
year 1933 nearly half of which preceded enact-
ment of tlie NIRA. The average of weekly pay-      
rolls increased meanwhile from 105.2 in 1933 to
139 in 1934. Production increased only·4 per
cent while payrolls were advancing 32 per cent.
Industrial codes could scarcely fail to collapse I
under such an oppressive burden. * * *
Industry can go forward more surely if it is .
less hampered by governmental restrictions. It
is essential that the Congress should move cau-
tiously in any extension of the NRA. Final
conclusions as to a proper relationship between V
government and business consistent with consti- · ·
tutional principles can be reached more intelli- . A Rccommcndatlon for Actlon
gently at a later period in the light of further to Rescue American Busi-
experience and the interpretations of the courts. ness from a Quicksand Of
Bureaucracy and Vision-
ary Experimentation
A E IC
vi   4+
’ L ¢)·Y Lz}
AMERICAN LIBERTY LEAGUE
._ National Headquarters
NATIONAL PRESS BUILDING
WASHINGTON, D. C.
@4 * *
Document No. 34 ·
May. ross