The Recovery Law

Although political parties often come into power in America by virtue of some unsolved but pressing problem, the instances have been few in which the situation was so desperate as that with which Mr. Roosevelt was confronted upon his inauguration. The Recovery Act was popularly regarded as his central thrust against the forces of depression. Among the proponents of this law, however, were many who saw in it the possibility of achieving desired ends, as well as some who saw it as a recovery act. Title I of the law here dealt with establishes a means by which business can set up for itself-through industries-codes of fair competition having the effect of law. Business initiates the process, which is then aided by the Administrator with the advice of a series of boards. The code-making process which has been carried on with relentless energy has been almost obscured in the public mind by the more showy activities exercised in the Blue Eagle Drive. The latter was necessary, in the mind of the Administration, as a means of universalizing quickly certain minimum requirements of wages and hours. The most pressing current problem is the construction of machinery for administering the codes and adjusting disputes arising under them. Experience thus far leaves uncertain the ultimate effects of the law and its administration upon both economic and political organizations

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