The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1921-10-14
ADVISES WAYS to
AID UNEmpLOY
Lower Taxes and Railway Rates.
With Revised Tariff is
Held Necessary.
I WAYS RECOMMENDED
Conference Adopts Definite Program
to Aid JobIess-Says Business Is
Waiting for Guide as
to Conduct.

Washington-A summary of the
| more important economic problems
| facing the country ''that require con-
structive and immediate settlement
| if recovery in business and permanent
| employment are to pc accomplished
| expeditiously was agreed on unanimous
| ly by the national conference on un-
employment when it reconyened after
recess of more than a week
In addition to the general resolution
declaring for REIMBURSEMENT of railway
rates to a 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 determination may
proceed.
tariff Should Be Settled"
Definite settlement of tariff legis-
lation in order that business may de-
| termine it's 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 fiuc-
| tuations continue in foreign exchange,
| for no merchant can determine the de-
| livery cost of any International ship
ment
"Acton 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"
''In 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"
at will be observed" the resolution
/ 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 1t 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 relative plane. For
example, the farmer cannot resume
his full consuming power and thus
give increased employment to the
other Industries until either his prices
| increase or until more of the other
products and services come into fair
| balance with his commodities, and
| therefore the reach of his income"