Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-24
HOOVER'S MOBILIZATION" LAUDED
Soundness i'm Present Industrial Conditions Stressed.
Great Expansion Programs to Go Ahead Say
Heads of Utilities Throughout Country.
,,,blic is secure in that knowl.

edge"
Arthur w. LOasby, chairman. Equita-
bic Trust Co.: THE conferences be-
tween President Hoover and business
leaders of the country will unqueStion-
ably tend to stabilize industry and
stimulate confidence"
II. Frazier, chairman, General Bak-
ing Co.:
Fundamental business conditions
throughout the country are sound anc
any well managed company In any m
, dustry can look forward to good bust
work inteIlirentiy. Mr.. Hoover's con.
ferences have done much toward re-
establishing confidence In assured con-
tinuance OF prosperity"
Harry Z. Ward, president, Irving
Trust Co.;
Business prosperity has received sub
Stantial assurance of continuation ar
the action OF business leaders In hasten
ing toward completion development
plans already IN process. In this way
tremendous sources are put into action
in support OF national economic safety
This probably Is the country.s most
striking exhibition Of teamwork since
the World War"
cry. Ward q Co.:
1.-THE calling of the general confer
ence Of business leaders by President
Hoover undoubtedly is a step in the
right direction and should do much to
restore public confidence in the fun
damental soundness of the country'$
general business"
John D. Miller, chairman Southern
California Edison Co.: President Hoo
ver's conferences have unquestionably
re established confidence, thus giving
all industry courage to go forward. Our
Southern California Edison Co. will
push construction development wher-
ever and as much as possible"
Charles Donn.y president s.sTs N Mort t5s
conferences called by President Hoover
have contributed. in q most direct and
important way, to restore public conf
dence in the essential soundness oil
business conditions throughout the
United States. There never was any
good reason for misgivings as to their
soundness and the conferences have
proved this. The results are bound to
be helpful and inspiring"
C. E. Denney, president Erie Rail-
road: The Hoover conferences have
in my opinion, accomplished a great
zeal toward restoring commence AIlO
Stabilizing business. We are preparing
a budget for 1880 which will be along
substantially the same lines as that for
1929. It Is necessary, Of course, to
control operating expenses in line with
decreased volume OF traffic beginning
with the last week in October. out we
are hopeful that trafI1c will increase to
nearly normal by or before the end
OF the year"
Kerwin III. Fulton. president Outdoor
Advertising Co., Inc: Current reports
from our sectional ONCE, in close con-
tact with business in A States and
knowledge of sthe selling plans for 1880
of manufacturers generally, coupled
with our recent investigation of COM
modify distribution In 81 of the key
markets Of the country. all indicate be-
yond question the extreme confidence
of business in the intelligent co-ordina-
ton by President Hoover of industrial
and construction activities and under
his guidance look forward to a period
of sound expansion and q continuance
OF good business"
c. C.. Conway president Continental
Can Co.: II believe the Hoover confer
ences have strengthened confidence in
the future of our industries and will
crystalline the thoughts and plans of
their leaders looking toward continued
improvement in business"