The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-04-29
AMERICAN BUSINESS
LAUDED FOR EFFORT
7OWARDPROSPERYY
United States Chamber Of Com.
merce Outlines Problems
Facing Business Mon

WA0HulgVOus ApII zU.-(R)-More
than 1000 representatives Of Ameri-
can business today heard tribute paid
efforts to Straighten out the "uncon-
trollable and haphazard" swings OF
tho business. cycle and were urged TO
take further steps to deal with "pro.
fitless prosperity"
Opening the first general session Of
the eighteenth annual meeting OF the
Chamber Of Commerce Of the United
states. President William Butterworth
ana John II. Fahey, publisher Of the
Worcester Mass.) Post, In turn
praised business and outlined the
problems before It.
The convention honored the mem.
DRY Of the late William Howard TAFT.
Requesting the membership to stand
Tor . moment in silence, MI. Butter.
worth said:
Feel Great Loss
1T "a upon q call from him that
the organization meeting Of the Unit.
ed States chamber took place. In his
death we have felt the loss not only
OF . great statesman and jurist but
also the loss Of q sympathetic friend
Of business and business men,"
In his keynote address, Butter
worth said that during the past six
months American business has def
initely broken new ground" In help
ing to smooth the peaks and valleys
Of the business cycle and In chAlleng.
ing 'the rule-of-thumb economics
which has heretofore too generally
prevailed"
Last fall" he said, "a critical sit
uation arose which brought clearly
into issue the question Of whether the
allied forces Of business and industry,
by a closer coordination u their
courage and experience, could demon
strate that the maynard ana tickle
economic cycle could be Strengthened
out into an orderly and harmonious
progression.
Old Forces Challenged
Though the forces Of that mobili-
xation are still being applied. already
the first pages Of q highly significant
chapter Of economic history have
been written. New forces have boldly
entered the field and challenged the
rule-of-thumb control Of economic
conditions which has heretofore too
generally prevailed"
In 1920-102l, he said. we tripped
and fell and broke q leg" and al
though "in 1929 we stumbled again
and FELL" there were mo bones brok-
en-"
The nominations Of 10 business
men as new directors Of the chamber
was announced.
Chosen Geographically
Selection Of the men was not finally
decided until late last night. after an
all-day session Of the national coun-
Gil Of the chamber, gathered as part
Of the eighteenth annual meeting.
Since only 10 vacancies exist, NOM
was considered virtually the
same a. an election.
Ten men were chosen as represent
atives Of business by geographical div
|sion.
They were:
Henry I. Hartman, Boston: Chester
I. Barnar, Newark, N. J.; william M.
Wiley, Sharples. w. Va; Frederick J.
Haynes. Detroit: w. r. Dawes, Chi
cago: William G.. Skelly, Tulsa, Okla.
william v. Hodges. Denver: Asa q.
st. Paul: Philip J. Fay, San
Seven were selected Is representa-.
ives from definite business groups.
They were: +
Fred Lazaros. Jr.. Columbus, Ohio;
Felix N. McWhirter, Indianapolis;
Henry D. Sharpe, Providence, r. L.;
Charles w. Gold. Greensboro, N. c.;
Carl A. johnson. Madison, Wis;
Harry 9. Abel, New Orleans, La;
md Fred v. Sargent. Chicago. II,
Homer Gard, OF. Hamilton. Ohio. |
vas selected as representative on the
board Of the civic development de- /
3artment Of the chamber. I,