National Industry Recovery Act

Date in History : June 16, 1933

In 1933, Congress passed the National Industry Recovery Act (NRA) at

the request of newly inaugurated President Franklin Roosevelt. The Act

sought to provide codes of “fair competition” and to fix wages and

hours in industries subscribing to such codes.

 

Title I of the Act, providing that all codes of fair competition

approved under the Act should guarantee the right of employees to

collective bargaining without interference or coercion of employees,

was held unconstitutional by the U.S. Supreme Court in 1935.