Evening star., 1928-05-11
BUTTERW0RTH NEW
HEAD OF CHAMBER;
DEFREES CHAIRMAN

Continued from First Page)
croachment upon the rights Of Others" :"
the first resolution insisted 'it is essen
ttal that our Government should
scrupulously refrain from any Of the
fields Of transportation, communication.
industry and commerce, or any phase
of business when it can be successfully
undertaken and conducted In the public
interest by private enterprise"
Another resolution reiterated the
chambers opposition TO the Govern
ment ownership and operation Of the
Merchant Marine.
The chamber, In another resolution,
deplored "any and all efforts TO obtain
the adoption Of legislation which TENDS
to minimize the power or diminish the
jurisdiction Of the Federal courts, or 70
substitute the legislative win for tne
discretion Of the Judge In the discharge
of the judicial duty" Three bills, the
Shipstead, Caraway and Norris meas
ures, had come In for frequent criticism
during the meeting.
Demand Tax Reduction.
The taxation resolution, asserting
that certain taxes levied for war pur-
poses are still an unnecessary burden
upon the American public" repeated
the demand for reduction OF the cor
poration income tax to 10 per cent.
elimination OF war excise taxes on par
ticular businesses and the repeal Of the
estate tax. Other resolutions called Tor
Improvement of the administration Cf
Federal tax laws and budget system in
State taxation.
Further resolutions reiterated the
chambers opposition to the Jones' White
marine insurance bill, urged amend
ment Of the national defense act TO
permit the Secretary OF War to place
with industry orders Of an educational
character for equipment, munitions and
accessories: urged legal sanction for the
formation Of import associations to
combat foreign trade monopolies. criti-
cized present harmful postal rates,
promised support Of commercial avia-
mercial disputes.
American business men were called
upon 10 unite To prevent Government
operation OF Muscle Shoals and Boulder
Dam by Matthew 8. Sloan, chairman Of
the natural resources production group,
who addressed the final session this
morning
Asserting that the support OF the
chamber was largely responsible for the
speedy action on food control, Mr..
Sloan declared its support was ncces-
| sary TO prevent the concerted effort To
| upset our principles Of operation Of
| business by private initiative"
When men In high places propose 10
have the Government distribute and sell
a commodity on a basis comparable To
fss1 a.if ASax4
| act" he said, referring 10 Muscle Shoals.
| He called upon the membership OF the
chamber TO fight passage OF the Muscle
| Shoals bill In the House next Weones~
day.
Our system OF business and govern
| rnent," he said, each operating In its
/ own field. has been proved for nearly
/ q century and a half The spirit Of our
/ Nation and the social economic system
! In which that system finds expression
calls forth and stimulates the good in
both business and government. When
| that spirit ig shifted and that system IL
| altered We shall cease 10 be America.
| the land Of opportunity"
| Support OF the chamber's entire
| membership for It's recommended farm
program was urged by Dwight b
| Heard, chairman Of the agricultural
1 tE4SESUsAkAgEs AItE kAttlE 1}sAS MAtAsEas ItG
said, for the gtabiiizati0n Of agriculture
along the organized modern iineg oil
other American industries.
Railroad Regulation.
Regulation Of railroads "haa reached
tEs point where II is tanlamount t6
Government ownership without Govern.
nlert responsibility, Fred w. Sargent
president of the Chicago ~ Northwest.
.rn Railway Co, told the session.
Railroads, he asserted, pay more "a
| the Government In taxes than tiles
DO 10 tn iF owners In dividends. This
Government proposes 10 recapture earn,
Ing IN good years and Leave The owner
10 bear the burden of ali LOSES In pO0l
years, This Government guarantees
nothing III the way of earning, but 81.
slKnes very large powers ~ management
with relation 10 cost u operation" TIN
system. however, he believed, w0uit
not Yetsrd progress II wisely admin,
lsteged
es~eeesvvs@asse . zvsz= sas-s~raas