New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-02-06
BUSINESS IN Line
WITH GOVERNMENT
Brought Closer Together
by Work C: u. S. Cham
Der of Commerce.
ENDS
THREE DAYS LABOR
Budget System, Tariff Commits
sion and Income Tax Changes
Favored by Body.
Prom The Tribune Bureau }


eign trade will result from the three
davs' deliberations of the delegates.
While the Improvement OF business
conditions is one Of the strongest rea-
sons for the work Of the chamber, d,
remained for the convention that closed
TO-DAY to bring the government ~ d
business mon into closer relations than
for many years. President wilson ina
three members OF his Cabinet oecre-
taries Bryan, Redfeld and McAdoo
promised the heartiest cooperation
With the work of the chamber, and as
the delegates started homeward ~
NIGHT there was not one of them VINO
was not convinced that a better under
standing between business and the gov
eminent was sure to result.
The delegates were also hopetul InaI
the President would see his way cIeAr
TO agree TO an amendment TO the anu
trust laws allowing combinations o.
business men TO go into the Iorels'
market in search of trade. Mr.. wilson
said he was agreeable 70 TINS II ~
could be shown to him that the littie
fellow would be taken care OF as wen
a, the big fellow, and the orticers OF
the Chamber Of Commerce asserted
tonight that one of their first acts
would be "to produce the goods Tor
President Wilson"
Officers Chosen.
John ". Fahey, Of Boston, was re-
elected president. A new office was
created, that Of honorary vice-presl-
dent, TO which office Harry A. Wheeler:
of Chicago, and A. b. Farquhar, OF
York. Penn, were elected. Henry l..
Corbett. of Portland. Ore. and Robert
+ Maddox. of Atlanta, were reelected
vice-presidents. John Joy Edison, or
Washington, was reelected treasurer:
r. G.. Rhett, OF Charleston. succeeded
James G.. Cutler, OF Rochester, as
chairman of the executive committee
The following directors were chosen:
Howell Cheney. South Manchester,
Conn; William II. Douglas, New York;
R. G.. Rhett, Charleston; +. I. Cunning
ham. Fairmont. W. Va; John W. Philip,
Dallas; Charles S. Keith, Kansas City.
Mo; l.. c. Boyd, Indianapolis; Henry
b. JOY. Detroit; f. T. Meredith, pes
Moines; Thomas B. Stearns. Denver
Thomas Burke, Seattle, and Alfred l.
Esberg. San Francisco.
The chamber adopted to-day several
important resolutions, including one
providing for the appointment OF
committee to cooperate with the ne"
Federal Trade Commission, with the
homo that this voluntary committee:
representing the business interests OF
the country, may come to occupy
relationship toward this commission
not unlike that provided for the Ad-
visory Council under the feueral ne
serve act
Urging the adoption OF the budget
system In dealing with annual esti-
mates Of executive departments and IN
connection with annual appropriations
for expenditures by Congress, the
chamber also invited the attention OF
President Wilson and of Congress 10
the advantage of. il not the necessity
for. great improvements in present
methods. o. preparing and publishing
estimates of expenditure and or reve-
rue.
The organization also entered an en-
phatic protest against any interpreted
ton of the income tax law which de-
MED to the taxpayer the right TO de-
duct from his income losses arising
from transactions the profits from
which it is his duty to include, declar-
ing that these rulings by the Treasury
DEPARTMENT tend to bring the fairness
cf the law into question and are unJusf
10 the taxpayer. compelling him TO es-
tablish his rights by the costly process
of suit
Protest To BE Filled.
President Fahey was instructed TO
Eppoint a committee to file protest
with the Treasury Department and to
present arguments for the reconsldera-
ton of its present rulings on TINS
point. II the Treasury cannot see It's
way clear to grant the relief asked for
the directors of the chamber are in
structed 10 urge Congress to adopt an
amendment 10 the income tax law
which will prevent the taxation OF IN
come which does not in fact exist By
allowing deduction from taxable in
come of all losses, however incurred,
actually sustained during the taxable
year. This action was urged in reso-
luton presented by the Merchants As
ISOLATION Of New York.
The chamber also went on record as
favoring the creation OF tariff COM
mission, with sufficient stable tenure
Of office to be independent of all po-
ltical considerations" and declared
that "all information secured by such
commission should be available to
either house of Congress and to the
President, should be confined TO sscer-
tanned facts and should exclude recon-
mendations unless called for"
The Senate and House were urged to
reject the DIETRICH amendment TO the
pending army appropriation bill, which
seeks TO prevent the study Of methods
10 increase industrial efficiency in man.
ufacturing establishments Of the gov
eminent and to forbid additional COM
pensation TO employees as reward for
improvement in skill and effort The
chamber declared its opposition TO all
legislation which interferes with the
development of industrial efficiency.
the system slips a cog, get out after It's
timeliness has long since departed.
ut is our sincere aim and ambition,
Mr.. Pratt added, that the Bureau OF
Foreign and Domestic Commerce may
give out quickly and effectively every
iota Of useful trade information. The
chief function Of this bureau is TO pro-
mote business-American business
lust as it is the function of the De-
partment of Agriculture TO promote
agriculture. And, by the way, 1t may
interest you to know that Uncle Sam
spends about S20,000,0O0 annually IN
promoting agriculture and about Sooo,-
900 in promoting commerce.
Suffragists to Honor Pioneers.