Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1921-10-14
ADVISES WAYS TO
AID uNEMPL OYED
Lower Taxes and Railway Rates,
With Revised Tariff Is
Held Necessary.
I WAYS RECOMMENDED
Conference Adopts Definite Programs
20 Aid Jobless-Says Business 10
Waiting for Guide a.
to Conduct.

Washington-A summary of the
more important economic problems
facing the country that require con-
structive and immediate settlement"
II recovery in business end permanent
employment are to De accomplished
expeditiously was agreed on uanimous-
~ by the national conference on un-
employment when it reconvened after
a recess Of more than week. =
In addition to the general resolutions
declaring for "readjustment of railway
rates to fairer basis of the relative
value Of commodities, other recon-
mendations were:
SPEEDY completion Of the tax bill
with its contemplated reductions, In
order that business now held back
pending definite determinations may
proceed.
+ "Tarlff Should Be Settled"
Definite settlement of tariff legis-
lation in order that business may de-
termine its future conduct and poll
cies.
Settlement of the financial rela-
tionships between the government and
the railways, having in mind the i'm
mediate necessity for increased MAIN
tenance and betterments, making effec-
tive increased railway employment
and stimulation Of general employ
ment, in order that the railways may
be prepared for enlarged business as
it comes.
Limitation of world armament and
consequent increase Of tranquility and
further decrease of the tax burden,
not only of the United States but of
other countries.
"Steps looking to the minimizing Of
fluctuations in exchange, because re-
covery from the great slump in ex-.
ports due to the economic situation in
Europe, cannot make substantial pro-
gress so long as extravagant daily f1uc-
tuations continue in foreign exchange,
for no merchant can determine the de-
livery cost of any international Ship
ment.
"Action to Eliminate Waste"
Definite programs of action that
will lead to elimination of waste and
more regular employment in seasonal
and intermittent industries, notably in,
the coal industry, in order that the,
drain on capital may be lessened and
the annual income of workers may be-
increased"
I'm the field of all the different in
dustries and occupations, the resolu-
tions said, "the rapidity of recovery
will depend greatly on the speed of
proportionate adjustment of the in.
equalities in defation."
1T will be Observed" the resolution.
continued, in commenting on append
ed tables showing relative prices and
wage levels, that agriculture has
reached an unduly low plane, while
transportation, coal and some
branches of the construction indus
tries are of the highest. It will also
be observed that there is an entire
disproportion between the price of the
primary commodity and the ultimate
retail price. These disproportionate
increases in the progressive stages Of
distribution are due to increased costs
of transportation, enlarged profits, in
terest, taxes, labor and other charges.
If the buying power of the differ.
ent elements of the community is to
be restored, then these levels must
reach nearer a relative plane. For
example, the farmer cannot resume
his full consuming power and thus
pivo aso6 .ornn1ovmQnt tn the
other industries until either his prices
increase or until more of the Other
products and services come into fail
balance with his commodities, and
therefore the reach of his income"