# 732 (1933) National Recovery Act - Sgl, VF MNH
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$0.42
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US 1933
NATIONAL RECOVERY ACT
NATIONAL RECOVERY ACT
FDR
A law passed by the United States Congress in 1933 to authorize the President, Franklin D Roosevelt, to regulate industry; companies were required to write industry wide codes of fair competition that effectively fixed wages and prices, established production quotas. These codes were a form of industry self-regulation and represented an attempt to regulate and plan the entire economy. It essentially extended the length of the Great Depression.
Scott 732
Stamp Single
Mint Never Hinged - VF Centered
Scott 732
Stamp Single
Mint Never Hinged - VF Centered