Virginia Polytechnic Institute - Bugle Yearbook (Blacksburg, VA)

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BCOK UNE DLL F W A L, 5 I. X: M' af. fm MR. DONALD R. RICIIBERG Executive Di-rector of the National Emergefncy Council

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RDERSCF BO I THE COLLEGE II THE CLASSES III FEATURES IV THE CORPS V ATHLETICS VI ACTIVITIES CKS

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BUSINESS? ACHIEVEMENT 13 A The National 1?UF'ec?pvery Administration ff ! lhr, ., ill 1 li i 'ii' f AQ , 3419 ! Maia IN 1932 the United States was in the midst of the most dangerous economic crisis it had ever suffered. The nation's business was paralyzed. Quick action on a vast scale was imperative to bring relief to a people trembling on the verge of chaos. Meeting this need, President Roosevelt rushed into being the National Recovery Administration to encourage co-operation between trade groups, raise standards of labor and give sustenance to unemployed, remove false trade barriers, eliminate unfair competitive practices. In making a success of this immense enterprise the present Administration has realized one of the greatest achievements the nation has ever witnessed in the world of business. Fighting opposition on all sides, the NRA came through to place commerce and industry on the semi-planned basis that is the minimum necessity of the times, and it is for these great efforts that the NRA typifies the finest achievement in the business world of today.