Evening star., 1924-06-15
BIG BUSINESS LAUDS
PLATFORM OF G. @. P.
Twelve of Thirteen Desired Planks
Put Into Party Statement
at Cleveland Convention.
NY HARDEN COIFAx.

High priests Of organized business in
Washington have taken fresh heart from
the weeks events at Cleveland. Twelve
pIanks out OF thirteen they presented TO
the Republican national convention have
been written into the party platform
for 1924.
One plank failed. but not entirely
Even In its failure the representatives. of
the countrys major industries are not
wholly as loss, but rather as a non
antagonistic declaration Of principles.
That plank concerns the so-called child
labor amendment, which the platform
mentions in terms of commendation
with the further thought that we urge
the prompt consideration OF that amend
ment by the legislatures of the various
states"
Organized business, moving as a unit
through the medium of committee Of
scores of the chief business men of the
United States presented at Cleveland
for consideration n single platform OF
American industry which II had spent
nearly nine months in drafting. In its
final. concise form. that Platform
represented the views, boiled down, OF
virtually every jor business under
taking in the country.
Business Planks In Platform.
Organized business. in its platform
said. We urge more reliance upon prt-
vate energy and character and less upon
public law and appropriations The
lcan party stands now, as always.
against all attempts to put the govern
ment into business"
Organized business said, american
industry requires the highest stand
ard OF public and private morality"
The Cleveland platform says, We
recognize the duty of constant vigil
ance to preserve at all times a clean
and honest government and to bring
to the bar of justice every defiler
of the public service in or out OF
Office"
Organized business said. We
pledge our continued support to the
national budget system" The Cleve-
tom has been firmly established .
We commend the firm insistence Of
President Coolidge upon rigid gov
ernment economy and pledge him our
earnest support to this end"
Tax Reduction Favored.
Organized business asked for tax
reform. The Cleveland platform
pte6geS the party 10 fOrtner tax re-
duction. "as rapidly as may be done
with due regard for the essential ea-
penditures of the government" and
adds that progressive tax reduction
should be accomplished through tax
reform
Organized business called for a
stable and constructive policy toward
the railroads. The platform says
we favor a stable, consistent and
constructive policy toward our rail-
roads"
Organized business characterized
unrestricted immigration as an un-
mixed evil" The platform indI'ses
the recently enacted immigration
law: the present tariff law and it's
flexible provisions. and the American
merchant marine.
Business Observers Pleased.
There are other minor similarities,
but the foregoing planks furnish the
high lights II is significant that
with their adoption by the Cleveland
convention there became manifest
during the week the first STRINGS Of
what business organizations here
hope will grow into a new revival of
industrial activity.
Whether the upward swing in
stocks. the better tone of farm prices,
the slight increase in business activ-
business improvement or are but
fash in the pan remains to be seen
But observers find significance in the
fact that. the latest upward turn
came. to the day, when the chief re-
quests of organized business were
written into the Republican party
platform of 1924.