Agricultural relief: Agricultural relief

Bibliographic data

Multivolume work

Identifikator:: 1831932415

Document type:: Multivolume work

Title:: Agricultural relief

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Collection:: Economics Books

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Volume

Identifikator:: 1831934884

URN:: urn:nbn:de:zbw-retromon-232132

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 6

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 429 - 520

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

AGRICULTURAL RELIEF 500 regulation within each industry by the citizens most vitally affected, with a veto power in the National Government, and power of initiative, for the equal protection of all. The origin of this plan is the Federal reserve act, to be improved upon; also later applications of this industrial democracy have been made in other countries. (g) The forthcoming system for the restoration of equal rights in the channels of trade shall supplement the nation’s antitrust laws, statutory and case law. (kh) There is need, also for the stabilization of the price level, as a basis for the stabilization of individual prices. () An improved agricultural system is provided for in a separate act. FEDERAL TRADE SYSTEM Sec. 2. There is hereby established the Federal trade system to consist of nation-wide self-regulation in interstate and foreign commerce (except as to agricultural products) by the citizens most vitally interested, by means of Federal trade boards and banking, to take the place of trade associations in interstate commerce, and be subject to supervision by the reconstructed Federal Trade Commission, with its policies to be subject to the approval of the policy- determining branch of the National Government. FEDERAL TRADE COMMISSION Sec. 3. The existing Federal Trade Commission shall become part of the Department of Commerce. The said commission shall consist of the Secretary of Commerce, who is the representative of the President, and be aided by eight assistant commissioners, to hold office at the will of the Secretary of Commerce; and each decision as to public policy, as distinguished from the decision of a question of fact, shall be subject to the approval of the policv-determining branch of the National Government. APPROVAL BY CONGRESS Sec. 4. (a) Each decision by the Federal Trade Commission as to public policy shall be subject to the approval by the people’s elected Representatives who by the Constitution are clothed with jurisdiction to decide the questions of national policy. To them shall be mailed a copy of each decision by the Federal Trade Commission, and upon request by a committee of either House of Congress, or the written request of 25 per cent of the Members of either House, or a request by the President, a decision by the Federal Trade Commission as to national policy shall be taken up promptly by Congress and be put to a yea and nay vote, the issue to be, ‘Does the Congress sustain the decision by the commission?” The action taken by Congress shall be placed before the President for an expres- sion of judgment, and in case of disapproval of the action taken by Congress the issue shall be returned to Congress for the procedure provided for a vetoed measure. (bh) This right by Congress to call for a vote shall exist during the 40 days of the session of the two Houses following the date of the mailing of the copies of the decision by the commission.! (c) Until the expiration of the time for a request for a vote by Congress, the verdict by the commission shall not be enforced except in an emergencv, to be described bv the commission APPEAL TO THE JUDICIAL DEPARTMENT Sec. 5. To the extent that the decisions by the Federal Trade Commission are by the Constitution appealable to the judicial department, the commission shall prescribe the details whereby an appeal to the said department may be taken; and may include such other lines of decisions as in its judgment should be appealable to the Federal courts. 1 The above proposal is the system in use in the British Parliament for the ratification of the rules framed by the administrative departments, supplemental to the statutes. By means of this procedure the sover- eignty of the people's representatives in the legislative department is maintained, and always the ones who frame an administrative rule have in mind the possible objectors in Parliament, who can secure a vote. Each year in Britain the bulk of these administrative rules that are almost wholly adopted by implied acceptance, exceeds the number of pages of statutes. Here in the United States it is high time that the legislative department shall insist on its dominancy—the ending of trickery in behalf of the busines: interests.

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