New Britain herald., 1930-02-03
1900 Chicago City Employees Take
 Wage Cut to Save 200 Members sa, On Payroll In Critical Cash Crisis

!
 Had Wrong Ideas "lt seemed particularly csscnua
 10 lnauGuratc movement Of thi sort in New England, because. som, | years ago, d good many wrong idea, about New England were bccomjn. altogether too prevalent in othc sections of the country, and even il New England itself.
 "Wc heard people talk about th, alleged slowing down Of New Eng lands traditional business acumcn and, when the phrasc vas mention cd, VIC were too prone to conure up pictures of abandoned farms migrating industries, or similarl, depressing images.
 Those who really knew New England were aware that such z picture was absurdly out of focu. and didn't represent the true situa ton. New England's leaders hnaIl, came 10 realize that not only va, it necessary to dispcl false notion, about the region but that it wa. imperative, also, 10 band togcthr, for vigorous. constructive striving ir the direction Of common better. mont
 "I think the notion that New England is Slipping has been cf. fectually checked. New England car well afford 10 sit back and smile al such premature crepe hanging. The evidence to rcfutc the idea is over. Whclning and indisputablc. Tho huge asset Of New England's man. power and quiet initiative is not al. ways apparent nor is the potcncy of its executive ability. Yet. for cx- ample, when intricate European financial problems are 10 be put 1T order, Roland Boyden or Jeremiah smith, Of Boston. are chosen as the men 10 accomplish those imDortant missions. When our commerce de. partncnt experts undertook a study of the tragedies in retail bank. luptCy, we discovered facility fol cooperation in the Yale Law school If anyone requires a thoroguhlS tangible symbol Of inc up-to-datc vision and initiative Of New Eng land business, let him go down tc Buenos Aires and contemplate q structure there which is without doub. the finest commercial buildinc on the whole continent Of South America. It is the branch of a we'll known Boston bank and 1t is most lmprcssNely 10 the credit Of the living energy Of New England z umc-honorcd overseas business and that of our whole nation.
 Quotes Hoover
 Progress is born Of coopcra ton within the country said President Hoover in his inaugural address. II was realization of this basic truth that brought about the organization of the New England Council ir 1925.
 "The department Of commcrcc and the New England Council have worked together in carrying out a thorough commercial survey of New England. This has comprised con- prchensiVe studies of the facts on the commercial and industrial structure Of the region. These studies promise to prove extremely helpful not only to the area but 10 business men elsewhere who are in tcrested in selling or buying things in New England.
 Tn general there's no question that such regional surveys form one of the basic features Of any sound market and industrial analysis. Some time age the department Of commerce completed such a survey of the states Of the southeast Simi- lar studies of the Pacific coast and the Gulf areas arc now proceeding. The rest Of the country will be cx- amined ln the same way as rapidly as time and funds will permit.
 Such regional surveys occupy a place of unique importance in the cndeavors 10 secure for our business men adequate mar
 
 the costs Of selling and therefore reduce prices for us consumers. The place of such surveys cannot adc- quately be filled simply by particu- lar commodity market studies or other specialized data. But it is only when such facts are correlated and lntcGrated into a picture of the cco- homie life Of a region as related 10 that Of the rest of the country that they really furnish the basis for longtime commercial and industrial planning.
 Praises Survey
 "Reglonal surveys are very Valu- l ablc-but continuous, vigorous re- sional effort by cooperative bodies such as the New England Council is even more important. Of course, the economic situation varies profound y in the different sections of this diversified country. It would be dangerous indeed to gen. ,ralize in any sweeping terms on his matter simply on the basis Of he highly unified compact business fife of New England. But there can DC no question that the cities and rural districts in any given region have great deal in common. In many vital respects their interests lre identical. Why, then, shouldn't hey unify along such practical, common sense lines as I have men, .ioned. The more they work to- sether, the happier they'll be-"
 The American government pays he transportation expenses of un-