Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-08-19

the consideration of our national law.
| makers
! The 1927 food in the Mississippi VAL
| ley gave opportunity TO demonstrate the
value of this group activity of business
not merely TO private interests but in
| public interest.
| The countrSs largest business asso-
| citation recognized this AS business and
| not political problem. IT appointed a
committee. which travelled extensively
| through the food area and obtained Its
/ information first hand
That committee consisted of men of
/ national OBSERVATION-DISCLOSURES law
| yers. manufacturers merchants, bank
ers and men engaged in agriculture
| They we're practical, ievel-headed men.
I and their judgment of what should be
| done was heartily Endorsed in refer
endum vote by business men through
out the country. widely representative
| of the geography and the varied pur-
! suits of American business.
| Decision OF Committee.
| In substance. this committee Of basi-
| ness investigators said that what was
| disastrous for one section OF the coun-
try was bad for the entire Nation, and
| they recommended dealing with the
| flood situation as national and not as
a sectional or local problem
Mere recommendations accomplish
little. So this organization of business
men throughout the country gave the
widest publicity TO the information and
recommendations, through newspapers,
magazines and public addresses The
committees OF Congress were informed,
fully and convincingiy, OF the facts and
of the judgment of business as Ii vas
rejected in the referendum vote OF the
constituent members of the United
States Chamber of Commerce
| In the large. that judgment was
| written into law. Business had acted
| not selflshly. but with the promotion OF
the welfare of the Nation AS whole
| as Its object. Probably 90 per cent or
| more OF those who voted in the cham
| ber's referendum in favor of the ex-
| penditure OF their tax money for the
/ primary benefit Of Southern States will
| never reap dollar OF direct profit from
| the Hood relief plan Yet business Is
| pictured In some quarters as selfish as
| interested and involved in politics and
| Government only for what IT can get
| out OF them for itself
Foreign Sales of United States.
| We are selling enormous quantities OF
goods TO European and other foreign
countries - more than 81 .000, 900 900
worth in the first three months OF this
year. IT Is the problem OF business
men to maintain and stimulate foreign
sales, to develop friendly foreign rela-
tons, TO regulate international finance
so that goods may move freely between
this Nation and the other nations OF
the world, No less and no differently
DO these problems affect our industrial
| workers and our farmers
/ Never were the problems of business
so varied and intricate Never has
business been conducted on 70 scfen-
| fiflc basis. and never on the other
| mana, has there been more need for
even better business education. The
| TACT that more than al per cent of cor
| poratlons reporting In 1925 showed n
loss indicates that business lis A battle
and not privilege
Never was there more need for states~
manship not only In Government but In
| business. OF tremendous importance
| not only 10 those actively engaged in
business OF their own account, but to
all who labor, arr the relations OF Gov.
| eminent 10 business, the relation of
agriculture 10 industry the Federal Re-
serve banking system. the growth Of
banking control of industry, the prob
lem of railroad consolidation for bet
fefmEnt 0f transportation facilities
All these subjects and many others de .
r1iand not mere curbBione opinion. or
Judgment based upon prejudice. predi-
lection or private interest. but detailed
unbiased. scientific study BY the best
business brains of the Nation
The prejudice against business nv
fnose who regard 1t only as a dull and
drab and sordid grnbbing for profits
must give way to general understand
ing OF business as the most fascinat
ing, ardnous and enthrallinR of adven =
lures and sciences~~-tl1e science OF an =
tieipatinp and supplying mankind Il
wants and needs
The business OF America is the bust
ness of AIS all IT'S function is to serve
man mot 10 master men We shall con
finue To prosper, we shah cor, /.
tinue 10 maintain supremacy In in
dustfy. In agriculture and 10 foster thr
General welfare Of our people Az long
As We reaiize these facts and AS long
AZ we realize also that government
should properly interest itself In the
welfare Of business, Abe servant Of all,
and that business must interest itself In
keeping government within proper
fnetes and bounds In the interests both
Of good government and good business.