Arizona republican., 1920-08-09

through publication of facts concern ing business and economic conditions
 An idea Of the broad extent of the work which the international chamber means to cover may be gleaned by mentioning some of the points which were included in the program of the conference as follow:
 Some of It's Purposes.
 To make import and export trade easier.
 Safeguard international trade against unnecessary waste and fraud.
 Standardize international docu- ments practices and laws affecting commercial intercourse.
 Remove international friction, much of which begins with commercial diff ferences.
 Increase the total production of the world. and make the product available to the people of the world.
 Increase the mutual profit in inter national transactions, thereby promor- ing international friendship, which is the basis of peace.
 Cultivate personal friendship be- tween business men and bankers or different nations. thus reducing pre- judice and misunderstanding.
 The constitution of the new organi- zation provides for q board of three directors and three alternates selected
  The American directors are John H F'ahey. formerly president of the Chamber of Commerce of the United States. of Boston; Willis H. Booth or New York. and Edward A. Fflene of Boston. The alternates are Harry A. Wheeler, formerly president of the Chamber of Commerce of the Unitsc States, of Chicago; William Butter worth of Moline, Inninois, and Owen D. Young of New York. The board or directors has the authority to admi. business organizations in countries that apply for admittance, and can Sc lect a limited number of additional directors from coun tries not already represented on the board.
 Many Resolutions Adopted.
 Resolutions were adopted covering almost every phase of international co-operation of national and local chambers of commerce with govern ments to reduce national and local government expenditure or administa- tive personnel. The resolution recom- mends that intimate collaboration between governments and their re- spective business organizations be ac- lively encouraged in order that public confidence may be revived and that la bor and capital alike may be Inspired to make the greatest effort to restore prosperity and plenty throughout the world"
 Another resolution was adopted urg- ing the foundation of a special com mittee to study the advantages of es- tabliShing a bureau of exchange of for eign credits on the basis of reciprocal relations for the use of exporters. An other resolution advocated an amend ment to the present inequalities of treatment granted to foreign banks in different countries.
 Discussion of the question of the worlds supply of petroleum led to the adoption of the resolution proposing that in view of the worlds shortage of petroleum, prospecting for new sources of supply should be made from special concession. T. A. O'Donnel. of the American Petroleum Institute, stated that deposits of petroleum in the United States, while at present adequate, would soon be depleted and the country would then be faced with a serious shortage. Mexico, on the other hand" stated MT. O'DonneI ''has unlimited quantities of untouched pes troleum which under Diaz's admints- tration were free for exploitation, but which. under the recent regimes, have ben closed to the world.''
 To Fight Unfair Methods.
 A resolution also was adopted call ing for the appointment of g. commit tee to investigate from a legal stand point the mischievous use of trade names and providing that this com mittee should prepare reports and dis tribute them among delegates sixty days before general meetings of the international chamber. Such a com mittee will be organized by each na- tional chamber and will be urged to give serious study to unfair competl- tive methods. with a view to advocat- ing special legislation in regard to it.
 The conference also adopted a reso- h1 1so-t,, <,F a customs tariff of the allied nations according to a common nomenclature This resolution further recommends to the interested governments the es- tablishment of a technical commission to unify customs regulations in the af- lied countries.
 The revoking of import and export prohibitions as soon as the internal conditions of each country allows, was advocated in another resolution.
 An important action was taken by the international chamber in estab- fishing a central bureau of information al statistics for the purpose of collect ing, centralizing, analysing and inter preting statistical information for the business interests of the world. To that end a degree of uniformity, classifi- cation of statistics and methods of determining value was recommended to the various nations.
 The following recommendations were made to al countries:
 Recommendations Made. To hasten the utilization of hydro electrical power in every possible way To hasten the carrying out of the measures which tend to have mineral fuel used in the most scientific and . economic way.
 To develop to the utmost the coa, resources of the world.
 The special consideration of a1liec nations to the distribution of excess | products to allied nations during the