Evening star., 1932-08-25
Administration Chiefs and
Reserve District Com
mitteemen Confer.
PERFECT ARRANGEMENTS
FOR PARLEY TOMORROW
Session of Special Group Expected
to Continue All Day-State-
ment Promised Tonight.

AS preliminary to the White House
business and industrial conference to
be held here tomorrow by administra-
ton leaders and business men Secretary
of the Treasury Mills this morning laid
before a special committee a program
for pushing national credit into the
channels Of business to create more
Jobs
Included among those meeting at the
Treasury was Owen D. Young of New
York. Tomorrow's conference, which
was called by President Hoover on Au-
gust IA, will be held at the Commerce
Department Building and will be at
tended by more than 100 business and
industrial leaders.
Those meeting today were the chair
men Of the Business and Industrial
Committees Of the Federal Reserve
system, together with former Secretary
OF Commerce Robert P. Lamont, Mr..
Young and members of President
Hoover's cabinet. Daniel o. Willard,
president of the Baltimore & Ohio Rail-
road, attended as a representative Of
the railroad industry.
Session to Last All Day.
Secretary Mills, acting as the CUE,
nittee's spokesman, informed newspaper
men that he expected the session to
last throughout the day. He said the
committee will make public state
ment when 1t adjourned.
Mr.. Mills said Henry M. Robinson
Los Angeles banker and a close frienG
of President Hoover, was the presidinR
officer of today's conferences
The cabinet official, after a lengthy
conference with Mr. Hoover, said pre-
iminary plans for the conference to-
morrow had been completed. There in
clude an address by the President TO
be broadcast nationally. Mr.. Mile, upon
leaving the White House, anncDnced
that there would be mo ballyhoo" about
the conference, but that it would be
one of constructive purposes.
Early this afternoon a revision was
made in tomorrow's program. which is
now scheduled to start at 10 am Be-
sides President Hoover, tt> new program
calls for seven other speakers. They
are Eugene Meyer, governor Of the Fed
eral Reserve Board; Atlee Pomerene,
chairman of the Reconstruction Finance
Corporation; c. H. Miller. president Of
the Reconstruction Corporation; Frank
lin w. Fort, chairman Of the Federal
Home Loan Bank Board; owen D.
Young, chairman of the Business and
Industrial Committee of the Presidents
Organization on Unemployment Relief;
Secretary Of Commerce Chaplin and
Secretary Of the Treasury Mills.
The conference will deal with specific
projects where definite accomplish
nlents in business, agriculture and en-
plcyment can be attained and will CO.
ordinate the mobilization of private and
governmental instrumentahties to that
end.
President Hoover, in calling the con-
ference, set out the subjects to be con-
Sidered. Among them were a canvass
of the means, methods, agencies and
powers available in the country for gen.
eral advancement; wider expansion OF
credit facilities to business and industry
when consumption of goods is assured;
coordination and expanion of live stock
and agricultural credit facilities.
The conference is also expected to
take up coordination and expansion Of
financial facilities for the movement of
commodities into consumption: eXpan-
SlOI1 VI pINkIdulo 1OL ACPdAo d110
tenance of the railways, and creation
of organization for further spread Of
employment.
Other Subjects Scheduled.
A number of other possible questions
such as the forthcoming world economic
conference, protection of bondholders
and mortgage renewals, coordination
with trade groups and other subjects
will be explored.
1t has been intimated from Demo-
cratic sources that some of the busi-
ness leaders on the informal committees
named by President Hoover had ques-
toned the value of such conference
now in the midst of a presidential cam
paign.
Senator Joseph T. Robinson Of Ar
kansas, the Democratic leader Of the
Senate, in a statement issued last night
by the Democratic National Committee.
charged that previous conferences had
been used merely as a sounding board
for the Republican party"
He charged that "the inept and un-
certain leadership which Mr.. Hoover
has given to these movements has re-
suited in Pollyanna political propa-
ganda without any material step toward
economic recovery
There has been in these confer
ences," he added, men Of sufficient
ability and force to be of patriotic and
material service. They have been given
neither director nor leadership. Given
authority and support, they might have
accomplished much"
While administration leaders have
pointed out that tomorrow's conference
was not to be a general economic con-
ference dealing with all phases ef the
depression. the Senate leader sait that
President Hoover had first ammo lnced
the conference would be for organiza-
ton of "a concerted program of action
along the whole economic 'front.'" and
later had restricted it.
Which statemeLH IS correct or Is the
second merely an earnest gesture that
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