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Title: The Great Depression

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Subject: Speeches
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Date: June 24, 1996
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Length: 3 / 619
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The second step was the passage of the 21st Amendment to the Constitution that legalized liquor. The National Industrial Recovery act of June 1933, authorized businesses to organize their industries by drafting codes which exempt from anti-trust laws but which required government approval...

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To rally support for the program, a blue eagle was developed as the symbol of the program. Thus only those companies that participated in the program were allowed to display the symbol. The program was initially very successful. However, before long it became clear that the program had become overextended...

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