The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-02-08
The NRA Jacks Prices Ub

EVEN the Roosevelt officaldom Of the NR.A. finds
it difficult to conceal the fact that the N.RA.
codes have acted directly in the interests of Wall
Street monopoly capital through lacking prices up
ward
The latest report Of A. D. Whiteside, NRA Division
Administrator, compiled from data submitted by the
Consumers Research Association and the Consumers
Advisory Board well as the thousands Of complaints
hat have come from small, non-monopoy producers,
finally is forced to eoncede that the MIRA has forced
retail prices of everyday necessities to unwaraned
heights"
The evidence Of the report shows that in many
industries, including OIL STEEL textiles and Others the
socaled period Of waiting provided in the codes for
the arrangement of the price agreements in these
industries have permitted the largest Wall Street
monopoies to form price-fixing agreement estab-
fishing monopoly prices at sharply higher levels
The Consumers Advisory Board of the NRA
has produced figures indicating that the codes have
advanced the price Of such every day articles as
mems work shirts, cheap hose, overals, from 81 to
11S per cent in the last few months The lowest
grade of mems Overals for example, were SIS a
dozen in March when Roosevelt took office. Today,
the N.R.A. has lacked them up to 50 a Dozen
Such enormous rises in the prices of the things
that both the farmers and workers must buy are
typical of what the NR.A. has done to the workers
pay envelope.
And the Roosevelt argument that these extortion-
ate price rises are Justified" the ground that the
workers getting higher wages under the codes is
exploded by the officially admitted facts that real
wages of the American workers are now at least 10
per cent lower than last March before the Roosevelt
N-RA.
Under the impact Of the Roosevelt MIRA codes
well as the inflatonary depreciation of the dollar
wholesale prices of commodities are now at the highest
level since May 1881, and still rising
THE N.F-A. monopoly price fixing has resulted in
raising profits In certain large monopoly industries
as high as $50 per cent above last year.
The present Investigations into the monopoly price
eminent terms excessive rise in rates" That the
Roosevelt government and the NRA are avowedly
committed to such policy Of price raising
In these rising prices of daily necessities every
worker see what the Roosevelt NR.A-New Deal
means in practice TO him and his famy-nore pinch
ing to make ends meet more deprivation due to rising
prices
When the workers organize in strike to fight against
this new N.RA robbery. the Roosevelt New Deal has
the most cunning strikebreaking traps Of the NRA
arbitration boards ready And the workers are not
taken in by this trickery. then the Roosevelt New
Deal has the most brutal military strkebreakng troops
ready, as In Gallup, New Mexico and Ambrdge Penn
sylvania.
The NRA. rising prices are robbing the masses
to provide profits for the Wall Street monopoles The
working class must this Roosevelt MIRA plum
derfng by determined organized fight for higher
wages to meet the rising prices.
In every factory shop, trade union and neighbour
hood the cry must be raised Higher wages to meet
the rising cost Of living OF the MIRA"