The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-07
JOHNSON ASSERTS
PURCHASING POWER
is RECOVERY KEY
Warns That Speculative Pur.
chases Will Be MuIIified
Unless People Buy
U. S. MUST CONSUME MORE
Declares New Collapse Will FOL-
low Unless Markets Are
Supported
U. S. MUST CONSUME MORE

Washington, July 7.-(F-Hugh S.
johnson, national recovery admins
traitor. warned anew Friday that un-
less industry moved promptly to in
crease purchasing power through in
creased wages to counterbalance the
increased Speculative production" a
new collapse might result.
johnson said In an interview that
many industries had stepped up pro-
duction largely to supply specula-
tive buyers market and he added that
unless the ability Of the public to buy
is increased correspondingly the mar
ket will not be there.
If we can't come along here with
increased purchasing power to support
this higher production" johnson said,
Il shudder to think what will happen.
This country can't stand new COL
lapse"
The administrator added, however,
that he believed a number Of the basic
industries would be ready to present
codes within brief time designed to
increase wages and spread work.
Use Power Sparingly
Administrators of the farm act
meanwhile refused to invoke the
drastic licensing power provided them
under the bill to enforce trade agree
ments in a case affecting the Chicago
milk shed.
AS a result, the first agreement
presented to them may be withdrawn,
This was submitted by producers
and distributors In the Chicago milk
shed who drafted 1t to end what they
described as "ruinous competition
It was reported that in conferences
with administrators they threatened
to withdraw their proposal unless
they were assured that 1t would be
enforced, and that they insisted that
enforcement be through licensing.
They were informed by administra-
tors that wage scales and hours OF Ia
Dor In milk distribution would have
to be covered in code subject to the
approval of johnson.
Representatives Of the Chicago
group were reported to have contend
ed the policy of the farm administra-
tors in insisting on the labor provision
and its refusal to license would have
the effect of making the farm act
serve the purpose Of labor instead Of
the farmer"
Cummings Lifts Voice
Attorney General Cummings added
his voice to those Of government Of
ficials who are sounding warnings to
industry with a statement that the
government will enforce the anti
trust laws except in those cases where
industries place themselves under the
recovery act.
Sunday school at the First Lutheran
church will begin at 10 o'clock Sun
day morning, with morning worship
set for l0:45. Rev. Johns has choS-
en- "Repentance-A Necessity" for his
first sermon subject.
The new pastor, whose home has
been at Duluth, Mimi, completed his
preparation for the ministry last
spring at the Augustana Seminary in
Rock Island, ILL.,, and was ordained a
short time later.
With Rev. Johns here is his wife.
They have no children. They are
making their residence temporarily at
702 Seventh st.
DR.. Moody and Rev. Westlund, re-
tired ministers Of the synod, have re-
turned to their homes in Minneapo-
lis. DR.. Moody,s residence Is at 1921
Grand avenue while Rev. Westlund
lives at 5000 Eleventh avenue south.
The new pastor has announced
that the First Lutheran Ladies Aid
will meet In the church parlors at
2 80 o'clock next Thursday afternoon.