US 1933 National Recovery Act (NRA) 'Workers' 3c. Michel PR357


US 1933 National Recovery Act (NRA) 'Workers' 3c. Michel PR357


Series: National Recovery Act Issue - Precancels

Stamp details: Group of Workers - NRA

Issued date: 15-08-1933 (dd/mm/yyyy)
Face value: 3c.

Emission: Pre-cancelled
Watermark: No Watermark

Catalogue No:-
Michel (Germany): PR357

Dimensions (height x width):
22.2mm x 25.4mm

Printer: Bureau of Engraving and Printing

Stamp Colors: Purple
Perforation: Perf 10˝ x 11

Themes: Labour Organisation, Workers

Description:- The National Industrial Recovery Act of 1933 (NIRA) was a US labor law and consumer law passed by the 73rd US Congress to authorize the President to regulate industry for fair wages and prices that would stimulate economic recovery. It also established a national public works program known as the Public Works Administration (PWA) (not to be confused with the Works Progress Administration (WPA) of 1935). The National Recovery Administration (NRA) portion was widely hailed in 1933, but by 1934 business' opinion of the act had soured. By March 1934 the “NRA was engaged chiefly in drawing up these industrial codes for all industries to adopt." However, the NIRA was declared unconstitutional by the Supreme Court in 1935 and not replaced.

Source: en.wikipedia.org/wiki/National_Industrial_Recovery_Act_of_1933