Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-12-01
Conference Roster Reads
Like Blue Book of Industry
as Chiefs Prepare to Start
Huge Building Program.
EXECUTIVE COMMITTEE
EXPECTED TO BE NAMED
National Organization, Serving as
Clearing House, Would Act to
Assure Completion of Projects
Designed to Guarantee Pros
perity.
BY G. GOULD LINCOLN.

Uncle Sans all-American bust
ness team will organize here De-
cember 5 to tackle the job, given
it by President Hoover, of main
tanning the country's economic
balance in the face of the recent
stock market crash. Involved are
employment of labor, productivity
of industry and consumption by
the nation at large.
The ground work was laid by
President Hoover at his White
House conferences with repre-
sentativeS Of industry, agriculture
and labor. The purpose of the
coming conference is to insure the
necessary team work to carry out
programs announced by repre-
SentativeS Of American business.
Two hundred and fifty of Amer
ica'S foremost business and finan-
cial men have accepted invita-
tons to attend the conference,
which will be opened by President
Hoover. The conference, to be
held at the Chamber of Commerce
Of the United States, will repre-
sent 80 manufacturing and dis
Gr1DuLIng groups.
The list of those who will attend
reads like blue book Of Americas in
dutrleS, railroads and banking and
credit agencies. All the great organiza-
tons OF industry are represented.
Members Of the conference are coming
from every section of the country.
Called for Two Purposes.
Specifically, the conference has been
called to do two things:
First. TO set up'the co-ordinating ma
chinery to aid in carrying out pro-
grams Of activity already announced by
representatives of various industries
These programs contemplate the ex-
penditure of billions of dollars within
the next year.
Second. to obtain as accurate a pic
ture as possible of actual conditions in
various industries. Such picture, re-
vealing weak spots where they are
found TO exist, is expected to be ex-
tremely helpful
The co-ordinating machinery, it is
expected, will materialize in an execu-
tive committee. or business council.
composed of from Is TO 25 men. It will
be the duty of the executive committee
TO see that nothing crops UP TO inter-
fere with orderly progress Of plans of
the industries to carry out their pro-
grams.
The immediate object of setting UP
this machinery is to provide kind of
clearing house and advisory council to
help meet existing conditions. Whether
this organization will prove of such
value that 1t Will be continued perma-
nently is something that the future will
have to determine. If 1t works we'll
and there is every reason to think that
it will-doubtless demand will be made
that the organization be given perma-
nent status.
The Chamber of Commerce of the
United States, at the request of Presi-
dent Hoover and of business leaders
meeting with him, undertook 20 make
arrangements for the conference and
to enlist the cooperation of industrial
and commercial groups looking TO a
continuance Of business momentum in
the country. The entire machinery Of
the Chamber Of Commerce, It is ex-
planned, will be at the disposal of the
executive committee or business council
once it has been set up. Julius H.
Barnes. chairman of the board of the
Chamber of Commerce, has taken an
exceedingly active part. not only in the
Presidents White House conferences,
but also in planning for the coming
conference.
Definite Organization Urged.
Following the White conference AZ
which % representatives Of American
industry gathered with the President to
discuss the situation and at which they
all pledged their hearty support of the
Presidents recommendation that busi-
ness cooperate through all its branches
TO make it possible for employment and
production TO be maintained at high
levels, the following statement was is
sued:
1T was considered that the devel-
opment Of cooperative spirit and le-
sponsibility in the American business
world was such that the business Of the
country could and should itself assume
the responsibility for the mobilization
0r,nr,tir1lied on PAGE Column IL