Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-06
BUSINESS STABILITY OBJECT OF
CONFERENCES PLANNED HERE
Chamber of Commerce of United States
Will Make Effort to Stabilize
Industrial Conditions.

The possibilities of bringing about a
greater measure of business stability
throughout the world will be explored
at two conferences to be held soon,
preparations for which are now actively
under way here.
The first of these gatherings will be
the nineteenth annual meeting Of the
Chamber Of Commerce of the United
States, to be held at Atlantic City the
last week in April. The second will be
the sixth congress of the International
Chamber of Commerce, to meet in
Washington the first week in May.
Final plans for the two meetings
announced here today at the headquar-
tiers of the United States Chamber,
disclose that the problem of sterilization
of industry and employment is one to
which the business men of the world
are giving attention Both conferences
will present the opportunity for exami-
nation of the long-range aspects of
sterilization through appraisal of the
difficult problems brought by the
present economic situation and the train
of events leading up to it. The expert
ences growing out Of readjustments now
taking place in business it was pointed
out, will guide the conferences in shap-
ing course of action.
Will Seek Solution.
In a broad sense the Atlantic City
and Washington meetings represent an
economic or business effort to find a
solution of the overshadowing problem
of industrial depression and unemploy-
ment.
At the Atlantic City conference expe-
rienced business leaders from all parts
of the country will delve deeply into
such questions as the business cycle.
unemployment, pensions. employment
insurance. the effect of Government
competition on business, taxation, bank
ing and credit, and other questions
related to business fluctuations. These
problems will be considered from the
viewpoint of practical business manage
ment.
What has already been accomplished
in the field of sterilization by individual
industries will be the subject of dis
cussion at general and round-table ses-
sions. DR.. Wesley Mitchell of Column
b1a University, a recognized authority
on the business cycle, will analyze and
define the whole question of stabiliza-
ton.
r. r. Deupree, president of Proctor
& Gamble, Cincinnati, one of the buSi-
ness concerns which has been success
full in reducing seasonal fluctuations and
maintaining employment on a reason
ably constant level will explain the
methods used by his company. L. D.
H. Weld of New York, an authority on
distribution, will present marketing
aspects, and Rome c. Stephenson, preSi-
dent of the American Bankers Asso-
citation, will discuss the general phases
of Sterilization from the broader bank
ing viewpoint.
In summarizing these discussions,
julius H. Barnes, chairman of the board
Of the National Chamber and chairman
OF President HooVer'S National Business
Survey Conference, will discuss practical
steps suggested to keep business on an
even keel.
Insurance System.
The obstacles that stand In the way
of extending the sterilization methods
now in use by number of concerns
to the whole field of industry will supply
the text for several important addresses.
Whether the antitrust statutes con-
stitute bar to progress in this direc-
ton will be considered, together with
the related question of governmental eff
forts to direct and control economic ac-
tivities by assuming economic functions
in direct competition with private bust
ness.
The practicability Of developing a
system of insurance, to cushion the eff
fects of industrial changes which can
not be foreseen or lie beyond the con-
troll of business management, is an
other phase of the problem.
Agriculture, which presents one of
the most difficult angles of the entire
subject Of sterilization. also enters the
picture. Harper Sibley, Rochester, N.
Y, will discuss it from the standpoint
of national land policy. F. E. Murphy,
publisher of the Minneapolis Tribune,