Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1922-02-10

Wilmington and the Wilmington EN-
ployers' Association yesterday is
sued TO its members the following
letter dealing with the subjects Of
transportation and soldiers bonus:
February .. 1922.
To Our Members.
The transportation committee of
the National Industrial Council APP
peared before the Interstate Conn
merce Committee of the Senate, Fri
day, February 3. They presented !
the transportation resolutions adopt
ed by the semi-annual conference Of
the National Industrial Council and
ratified by thirty-four state associa-
lions OF manufacturers to date.
Mr.. Walker Of the Iowa Manu-
facturers Association, as chairman
Of the committee, made a brief
statement explaining me nature of
the Council and the circumstances
under which the nine principles and
policies proposed were considered
and ratified. He said in part;
uninterrupted and efficient trans
portation at reasonable cost is as
essential TO the vitality OF our in
dustral and commercial life as the
unimpeded circulation OF the blood
to the health OF the human body.
The technical problem must be met
by railway management, but there
are certain principles in which
every citizen should be interested be-
cause they effect the integrity OF his
social life. These the Industrial
Associations OF the United States
ihave endeavored to assemble and
state in simple terms that we may
have common starting point from
which TO approach this great ques-
ton.
"These conclusions are not hastily
/ expressed but were very carefully
! formulated after study by confer
/ ence committee and we're submitted
/ to each State organization, subjected
to analysis and discussion, and are
approved and presented on behalf
/ OF Industrial Associations authorized
to speak for substantially $4,000
American manufacturers:
"They are not submitted as repre-
senting merely manufacturers
viewpoint but that OF citizens whose
J active business life has led them TO
realize the necessity for securing eff
/ fective recognition OF certain essen
| tials in American transportation.
BY that form of communication we
live and move and have our being
| The quicker our people recognize
the necessity for preserving its in
tegrity Of operation, the protection
which must be given our carriers
| and the recognition Of social obliga-
ton which must be exacted from
management and men in that serv-
ice, the more quickly we will stabil-
ize the conditions under which this
great social fundamentally operates
and relieve ourselves OF the over
shadowing dread of its financial
breakdown or the arbitrary inter-
ruption of its service"
Mr.. Walker was followed by our
council Mr.. James A. Emery, who
analysed the proposals presented and
WAS questioned at length upon them,
particularly by Senators Cummins
and Stanley. The hearing consum-
ed substantially two hours. The
members Of the Interstate Commerce
Committee displayed great interes
, in the presentation. which attracted
, wide attention in the press.
Soldiers Bonus.
The soldiers cash bonus continue
to be the great over-shadowini
? economic issue before Congress. TIT
opposition Of the President has OBJ
structed every effort to hook up tn
proposal to the funding of thu
foreign debt. The opposition o
agricultural and labor organization
especially makes the endorsement o
general sales lax as a means o
raising the revenue impossible. 81
far it has been evident that mis-
cellaneous taxes will not raise a sufh
cicnt amount of revenue. The argu
ment in the hearing before the Way
and Means Committee has clearl
developed the fact that, except 70
, the proposed levy of 90 cents a gal
lon on 2.75 per cent. beer, there ha
been suggested no means by whic
>, the amount required in the first an
second years can be raised withou
:. an extraordinary tax upon bushes
=, income or business facilities. Thi
" proposal was Immediately attacke
by the Prohibitionists. 1t is ad
mitted that the proceeds from tn
interest on the foreign debt cannC
be made available for a long perio
y of time. that bonds issued against
y If guaranteed by the Government {
i, the United States. which is indisper
II sble to their sale. would in all like
y lihood lower the value of Liberi
Bonds and embarrass the Cover
ment in the enormous financial opei
ations required by the funding