Evening star., 1926-05-11
ATTITUDE OF LABOR
HELD RESPONSIBLE
FOR US. PROGRESS
Continued from First Pagel


Continued from First Page)
that public moneys used for purposes ,
Of price fixing violate such rust /!
affords encouragement.
"Organized business believes that /
progress in rightful industry IS served |
not by rigid Government regula ton. |
but by enlightened ideals, guiding the /
practical experience which removes |
defects and abuses and develops, !
without the injury of rigid bureau /
cracy, a larger measure of service TO I
society along with It's own righttul /
earnings.
"Organized business believes that !
1t Is building a record OF good faith (
and OF standards and ethics which en-. (
title 1t to public confidence and es-
TEEN. Organized business believes /
that in Government Of free people. I.
public opinion can he created in sup /
port of sound economic law.
above all, Government and indus /
try both should possess Il living faith |
that the rightful function OF Govern /
ment is primarily to preserve fair /
play between individuals to hold open /,
the door Of equal opportunity for all: |
that only thus can be fully stimulated |
that individual effort which in the |
aggregate creates national progress"
Chambers History Recalled.
Mr.. OT1eary recounted the steps in
the formation of the National Cham.
ber since the first call to business
men by President Taft. "A new spirit
has developed" he said, "a spirit OF
desire on the part of business men
and business organizations to frown
on bad practices and stand for right
practices; a spirit of Willingness to
give thought and helpful information
to those responsible for government;
a spirit of Willingness to enter into
the community, State and National
life
This spirit has undoubtedly been
one Of the factors for a tendency at
the present time to lessen government
regulation and encourage business
initiative; to dispel an unfriendly at
titude on the Part of the public ana
substitute for 1t a confidence in busi-
ness which has been reflected in the
large increase in the number OF those
who have become, through stock
ownership, partners in business en-
terpriseS.
"Self-regulation TO prevent abuses,
improve our service to the public ana
maintain our relations toward our !
employees Is of vital importance II we
would retain confidence and avoid gov
ernment regulation. For. after ALL
ii is confidence that makes progress
possible"
Outlook Growing Wider.
"As it grows. we are coming to a
clear knowledge that we cannot CON !
fine our efforts entirely to the con- |
sideration of domestic problems. |
Economic interest has come to defy |
national boundaries and the barriers |
of oceans and continents. Our IN |
dividual we'll being Is very directly ana |
Intimately touched by the prosperity |
or poverty of other distant nations. |
our tradition has led us to aVold |
political entanglements and alliances
and il is unkindly in our day, Ii ever, |
that our policy in this regard Will |
change. That policy should not, how |
ever, interfere with our development !
of a broad international policy or |
non-political nature. 1t IS deslrapie
that we know our neighbors In the |
world better"
The invocation was pronounced by |
Rev, Jason Noble Pierce, pastor of the |
First Congregational Church. /
Mr.. Ashton, speaking on "Terminal
Congestion" laid down the princlple
that new railroad or highway con- |
struction, or relocation of existing |
railroads or highways, should seek to |
avoid grade crossings wherever feast |
bic. In eliminating grade crossings, |
he added, narrow or obstructed under
passes and sharp turns In the ap-
proaches should be avoided, and au-
thority to order grade separations or
proper protection at grade crossings
should be vested in the commission
having jurisdiction over the railways,
oil AnfnrTnina
er division of costs between the rail-
roads and the public.
Railroads Are Willing.
1.-THE railroads are ready to do their
full share in meeting the imminent
problems with which we are faced.
;rhev are ready to cooperate with
Federal or State regulating bodies,
with highway authorities. with the
motor car industry and with the
United States Chamber of Commerce
and with all associations interested in
these public problems for a speedy
and permanent solution of these diff
culties."
"Installment selling was charac-
terized as the strategy of bitter war
fare with the spirit Of jazz economics
by o. H. Cheney, vice president or
the American ExchanSe-Pacific Ma
1
group meeting at the Hotel May
flower. He said that present day
installment selling was born Of com
petition and lives and grows by com.
petition, Some day it may die off
through competition.
"Installment selling is the recog
nition-unconscious often-of the fact
that high pressure selling competition
has use d up the consumers dollar anu
that each industry must fight for the
dollar Of next week. and the dollar
of next year."
Gov. Albert c. Ritchie of Maryland
will address tonnorrow's general ses-
sion at 10 am. on ''The Relation of
the States and the Federal Govern
ment." No general session will be
held this afternoon. Two dinners will
be held tonight at the Willard and
the Mayfiower by the National Asso-
ciation of Commercial orga nization
Secrt taries and American Trade AS
sociation Executives, while a recep-
zion and dance will he given for dele