Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-30

unfair and unAmerican and we de-
mand that the marketing act be modi-
fed
Meanwhile, Harrison r. Jones of Chi
cago, representing poultry, butter and
egg merchants, had advocated cham
Der vote to condemn the farm act.
This brought from John Brandt of
Litchf1eld, Mimi, representing the
Lond o. Lakes creameries, an express
sion of hope that the delegates would
have the good business sense" not to
make fool out of yourselves by pass
ing this resolution condemning the
board and asking repeal of the agri-
cultural marketing act"
Brandt Defends Policies.
Brandt said that as a member Of the
Chamber of Commerce agricultural COM
mittee he had at first been prone to
criticize some Of the possibilities likely
to develop from enactment of the agri-
cultural marketing act. He added that
he had had the opportunity to see. the
Farm Board work, and that now he was
strong defender of its policies.
"Ill bet," he said, that if this act
had operated SO as to gather all the
farmers produce and dump it into the
laps of somebody else to sell and make a
profit on it the whole $500, 900 900 in the
revolving fund could have been spent
and we would not have heard one COM
plant about it here today"
Brandt recalled that the Land o.
Lakes creameries had received some
S2,000,000 in loans from the Farm
Board at a time when the butter mar
ket was seriously imperiled. He said
that virtually every cent of that loan
had been paid back. AS a result of
the Governments timely assistance, the
producers Of butter and those interested
financially in the distribution of it, had
been saved tremendous loss, he added.
If you pass this resolution here to-
day you're going to do more to disturb
the welfare of this country than any,
thing else you could do" he said.
Following the usual round table con-
ference of the divisions this afternoon,
Gov. Albert E. Ritchie Of Maryland will
address the fourth general session to-
night on Capitalization of Powers in
the Federal Government"
Other speakers include DR.. Thomas
Reed Powell of Harvard Law School
and Gov. Harry G. Leslie of Indiana.
The former will speak on 'Hampering
OF State Taxation by Federal Laws and
Decisions Bearing on the National Bank
Act" Gov. Leslie will deal with State
Control OF Local Expenditures
Hoover's Action Is Praised.
Headed by Secretary of Commerce
Lamont and Julius H. Barnes, chair
man OF the Presidents National Bust
ness Conference, the second general
session last night centered around a
discussion of business sterilization"
and praise of President Hoover for
speedy action toward stemming the
downward sway Of business following
the depression of six months ago.
Secretary Lamont said that the Pres
idents business conference last Fall
definitely had lessened 1.-The depth of
the depression and thus reduced it
earlier than its Duration
The time now is at hand he said,
when business men should get behind
policy for the further development
OF statistics on production, stocks, en-
ployment, the construction industry
and many other activities, which would
make it possible to keep business in
formed currently as to the basic facts
upon which policies must be predicated."
Barnes compared actions taken fol-
lowing the depressions of 1921 and 1929
Frederick S. Snyder of Boston, board
chairman of the Institute of American
Meat Packers, likewise lauded President
Hoover's swift activity following the
market crash. Alfred Reeves, general
manager of the National Automobile
Chamber of Commerce, said: I'VE over
estimated good conditions and we SINH
larly overestimate the declines when
business is slowing down. Facts serve
to put the brakes on these excessive
swings"
Six Round-Table Sessions.
During the afternoon delegates split
into six round-table conferences on
banking, exporting, construction, indus
trial development, inland waterway
transportation and natural resources
industries.
John w. Pole, controller of currency,
told the banking conference that bank
merger movements had gained such mo-
mentum in the United States that re-
shaping of Federal law might be nee
essary, and should be considered.
Roy A. Young, governor Of the Fed
ment of legislation permitting the es-
Enlistment of branches by national
banks.
DR.. John NJ Cries, chief of the d.
vision of public construction of the
Department of Commerce, announced
before the construction group that pub
lie construction contracts during the
first quarter of 1880 had increased 80
per cent over the same period last year.
Assertion that business is now emery
ing from recession worldwide in
scope was made before the exporting
conference by w. L. Cooper. director
Of the Bureau of Foreign and Domestic
Commerce of the Department of Com
merce. Cooper said the United States
was in a position to take advantage OF
any advance.