Evening star., 1926-04-25
BROAD PROGRAM LISTED
FOR C.. OF C.. GATHERING
'Self-Regulation in Business Among
Vital Subjects to Come Before Ses-
sion to Be Held i'm May.

chambers annual meeting will not
pass It by without thorough examins
ton and discussion. Under the head
ing of finance" installment financing
is given an important place on the
program, and probably will come UP
at a luncheon meeting on May II.
Fred i. Kent, prominent New York
| banker, is chairman OF the group
which has charge of this subject.
while John J. O'Connor. manager Of
the f1nan department, United States
Cham of Commerce, is secretary.
The breadth of the conference
plans is clearly visualized when the
| following topics of its finance com
mittee are put forth. Here are the
leading questions with which this
group will concern itself;
ta) The improvement in European
finance and it's effect on the United
States.
(b) The pros and cons Of install
ment financing.
(c) Federal reserve problems.
Id Taxation.
A broad field. certainly. and one de
serving of the most careful and
analytical handling. That it Will re
ceive such treatment here in MAY is
made certain by the personnel of tho
committee and by the makeup Of the
conference as d WnOle.
Other Issues to Come Up.
The training of foremen and tie
| question Of wages are two other i'm
| portant subjects to which the confer
ence will direct itself. In a prelimi-
nary statement the chambers depart
| ment of manufacture has stated that
| these points are among the mos
pressing problems today. calling for
| the concerted attention of manufac.
| turers. With regard to the question
of foreman training IT is pointed out
| that restricted immigration, elimina-
| ton of waste and lost motion. the need
| for restoring. as far as possible, the
| old-time relations between the EN-.
| ployer 'and the employe which oh
tained in the days of the small shop
| are some Of the reasons why industry
is giving special attention to the Sc
lection and training of men occupying
| the important supervisory positions at
the lower end of the industris
| ladder"
problem of greatest interest. On this
point the department of manufacture
has the following to say:
With the growth and study of in
dustrial and human relations. the atti-
tude of the employer toward the wage
| scale and payroll now is different
from his attitude in early days. In
fact. it was very common practice in
| times of dull trade or close competi-
tion TO turn first to the payroll as
| means of reducing costs or prices.
| This, however. is not true TO any ex-
tent today. In fact. since we have be-
come an industrial Nation and large
portion of our consumers are wage
earners or salaried folk. the employer
is turning TO the payroll as a last
| necessary resort only when reduced
prices and costs are imperative. The
| necessity of informing the wage-earner
how the profit dollar is developed will
be dealt with in this discussion.
| Leading problems of mercha ndising
also will have a prominent position
on the program. and a special group
meeting has been designated for the
exclusive consideration of three sub.
Jects of basic interest to distributors
These subjects are Principles Which
Should Be Applied to Merchandising
by 1nstallment Selling The Trade
Relations Committee as a Means for
| Developing lf-government in Busi-
ness" and Practical Uses of a Dis
tribution Census and How II MAY Be
Brought About An address will be
given on each of these topics, after
them.
Will Discuss Census Need.
The installment selling problem will
be developed by o. II. Cheney, New
York banker. ROYAL NJ. France. also
Of New York. will discuss how the
causes of trade abuses and misunder.
standings which arise in dealings
among manufacturers, wholesalers nd
retailers may be eliminated by the or
ganization of joint trade relations COM
mittees. +. NJ. West. an economist.
Will discuss the need for distribu.
ton census and how it may be brought
about.
On the morning Of May II the sec.
ond day OF the meeting an especially
important session will he held. With
John W. OLeary. president of the
chamber. in the chair. the conference
will take up The question of self
regulation in Business from the Gov
ernment Standpoint" This will be
/ followed by a searching discussion O!
The Relation OF the States and the
Federal Government"
Below are few of the important
main topics to come before various
divisions of the conference:
Domestic distribution. foreign com.
merce, transportation and communi.
cation. natural resources and produc
ton, agriculture. civic development
finance and manufacture and insur
ance.
Speakers and presiding officers will
include, among others. the following
leaders in American Government.
business. finance and industry:
Gov. Albert {. Ritchie of Maryland.
Q. Fl. Cheney, Theodore Whitmarsh
John B. Miller. Henry d. Sharpe.
Julius Fl. Barnes, Hon. S. w. Wade
Milton f. Marcuse, George B. Ford
H. A. Smith, ROYAL ". France, A. =.
Humphrey. William FORTUNE, E. T.
Meredith. r. Goodwin Rfett, James
:. kemper. DIR. Julius Klein, Fred /.
Kent. w. NJ. Garrard. A. J. Brous
seau. j. B. Reynolds, F. L. Garlock
and l.. A. Lincoln.