National (Industrial) Recovery Act

The National (Industrial) Recovery Act of 1933 established codes of fair competition. Firms who voluntarily complied could display the Blue Eagle[?]. The law also created a National Recovery Administration[?] to promote cooperation among corporations. The law was overturned on May 27, 1935 when the Supreme Court of the United States announced its finding in Schecter v. U.S.[?] (sometimes called the sick chicken case). The Court stated that the Act invaded states authority, unreasonably stretched the commerce clause[?], and gave legislative powers to code-makers in the executive branch.