The Washington times., 1931-04-06
CHAMBER MEET
WILL 'X-RAY
BUSINESS
Four Outstanding Problems
to Face Discussion During
: Short Session, Apr. 29-May |

> ~ WV S'SSNSS'S'' ~ .
: Short Session, Apr. 29-May |
Important projects of para
mount consequence to American
economic progress from the fund,
amental question of the ever
changing business cycle to ques'
tions involving antitrust legisla,
tion, the Federal Reserve System
and immigration, will be dis
cusSed at the annual meeting Of
the United States Chamber Of
Commerce at Atlantic City, April
29-May /.
An outline of the various sub
3ects which will be put under the
"X-ray" by the country's leading
business scientists was issued to-
day by headquarters of the cham
ber here.
Four Paramount Issues
Probably the outstanding dis
cussion will be on these ques-
tions:
'Is business sterilization de-.
sirabIe? To what extent Is it
attainable?
"Can production and con-
sumption be balanced?
"Can the nations purchasing
power be kept at an even level?
"Can saturatiOn point be de-
termined?"
These were fundamental prob
lens with which esid e n t
Hoover struggled as Secretary Of
Commerce, in the Cabinets Of
Presidents Harding and Coolidge.
They are problems with which
Secretary of Commerce Lamont
and his aides are still vitality
concerned.
Signs Are Hopeful
In announcing the meeting the
chamber said that evidences Of
Improvement in many quarters
give the hope that we may now
be on the way towards recovery,
towards an improvement in actual
business and employment and
the restoration of public conf
dence."
At the gathering, the Chicago
board of trade will propose that
the present and all other price
fixing SurpluS-crOp control Or
CARNATIONS of the Federal Gov
ernment should be abandoned,
and that the time tested
machinery for the handling and
distribution of agricultural pro-
ducts should be restored to
private enterprise.
The Grain and Feed Dealers
National Association will move
against the use of private funds
for the purpose of competing with
private business in handling and
processing agricultural colnmodi-
ties.
An investigation by the National
Chamber of Federal State anti
trust laws affecting natural re-
source industries with view to
determining measures necessary
to remove existing uncertainties
will be suggested.
Antitrust Laws
Another proposal will be a
study of antitrust laws to de-
termine whether they are harm
fully restrictive. whether they
should be modified as to permit
cooperative effort among COM
petitive concerns and whether
more specific definition as to
illegal acts is desirable.
A declaration that the anti
trust laws should be amended to
remove uncertainties in inter
probation and to prevent unbusi-
neSSlike, unfair, and ruthless COM
petition will be demanded.
Immediately following the At
lantic City conference many of
the delegates will journey here to
participate with representatives
from other countries in the de-
liberations of the International
Chamber of Commerce meeting.
Other Big Problems
SilaS HI. Strawn, chairman of
the American committee, said
this conference will discuss the
silver problem in the Far East,
the movement toward a Euro
.pean economic union, the agricul-
tural crisis, the economic deveI-
Opment of Europe and the United
States, the impact of the eco
nOmic crisis upon world business
structures, regularizatiOn of en-
plOyment, tariffs and the new
commercial treaty policies, and
the effect of the decline in COM
modify prices.