New-York tribune., 1921-10-12
Concrete ProgramOff ffered
by Conference Calls for
an Early Settlement
of Taxes and Tariff
tayOrs Reduction
In All Armament
Minimize Fluctuations i'm
Exchange, J. Lessen Waste
Are Other Suggestions

FROM The Trtbvtlo'S Washington Btrcc;s
WASHINGTON, Oct Ii Definite
Fundamental steps toward general bust
ness recovery and maximum employ
ment we're taken to-day By the Presi-
dent'a unemployment conference. when.
after less than half an hours discus
sion, IL unanimously agreed upon a
drastic program for meeting the basic
causes of The present distress and in.
dustrial depression.
4 summary Of the outstanding points
OF the program as presented by Joseph
Il. De Frees. president of the Chambe r
of Commerce of the United States, fol
lows:
"Readiustment of railway rates to
falrer basis of the relative value of
commodities, with special considera~
non OF the rates upon primary com
inool9'es. at the same time safe
guard ng the financial stabllitv OF
tho railways
Speedy completion of the tax bill.
With its contemplated reduction OF
taxes, in order that business now
heid back pending definite deterni
nation may proceed.
Ask Tariff Settlement
definite settlement Of tariff lec-
lslatloN IN order that business NAV
determine its future conduct and moi.
icies.
Settlement Of the financial rela-
tionships between the government
and the railways. having in mind the
immediate necessity for increased
maintenance and betterments. maxi
lng effective increased railway en-
p'oyMent and stimulation Of GEN
eTsl employment, in order that the
"a ways may be prepared for en-
l"rGed business as it comes.
LmiGatlon of world armament
anu 5;1' consequent increase of tranquil
my and further decrease Of the tax
1ufaeh' e,t' not only of the United
States, but of other countries
of fluctuations in exchange.
"Defnitc programs Of action that
"lll lead to elimination Of waste and
more regular employment in seasonal
and intermittent industries, notably
the coal industry.
"ln the field OF all The different in
dustries and occupations the rapiditv
OF recovery Will depend greatly upon
the speed of proportionate adjust
mcnt Of the inequalities OF defa~
ton"
The conference was convened BIZ Sec
retary OF Commerce Hoover. Grouued
at arms length around him were San
uel Golnpers, president Of the Amer
can Federation Of Labor; Secretary or
Labor Davis, John L. Lewis. preside
of the United Mine Workers Of Amer
ica, and Joseph H. De Frees. nresident
or the Cham ber of Commerce Of the
United States
Secretary Hoover spoke for a few
lie declared that the inlme-
dlatc purposes oil the conference viii
be accomplished if the emergency Of
this winter is met, and expressed his
confidence Of success. Nh De Frees
then presented his report, saying:
Recovery OF our industry and en-
pioyment must necessarily be d process
OF gradual healing of the great eco
nomic wounds Of the World War. This
healing IS making distinct progress"
Labor to Declare Railway Attitude
The points IN the program we've
taken up separately. The vote was
was made on but one. When Secretary
Hoover called Tor i vote on the sec
ton dealing With settlement Of the
financial relationships between the
government and the railways, Matthew
!" oil, vice president OF the American
I federation Of Labor. announced his
organization "assented with the ua,|er-
standing chat it is merely adoptino =
principle.' Re said labor will declare