The Waterbury Democrat., 1933-05-05
President Aims at
 Unified Industry
(Continued from Page 1)

rising living costs and restore pur- chasing power.
 2. Elimination of provincialism and self interests as requisite for a "well-rounded national recov- cry"
 Business leaders were quick to laud the general nature of the presidents speech, but for the most part dodged comment on his ap- peal for wage increases. They were divided over how far govern ment control of industry should be exercised. That issue was ap- preaching show down in the chambers meeting to-day. Details of the administrators business control program are ex- pected to be outlined Sunday night in White House pronouncement which will embrace an account of MT Roosevelt's stewardship to date and summary of accomplishments expected before congress adjourns. Working rapidly to settle on de- tails of his plan. the president eX- pected to-day to study bill draft ed by Senator Wagner. democrat, New York.
 This measure would set up a federal board empowered to waive the antitrust laws and approve agreements among industries for limitation of production, reduc- ton of working hours, fair wages and improved trade practices. Whether or not the president plainly indicated that the adminis- val. In s,. J ] rection. He said: During the past four years what previously had been consid- system has degenerated into one 1 acknowledge the existence of un- ! fair methods of competition, of cut 1 throat prices and of general chaos. 1 You and l agree that this condi- ton must be rectified and that or der must be restored. The attain ment of that objective depends l upon your willingness to cooperate with one another to this end and also your willingness to cooperate with your government.
 "In almost every industry an | overwhelming majority of the units of the industry are wholly willing to work together to prevent over- production, to prevent unfair ! wages, to eliminate improper l working conditions. Tn the past | success in attaining these objec- lives has been prevented by a small minority of units in many indus tries.
 T can assure you that you will
 have the cooperation of your gov- ernment in bringing these minori- ties to understand that their unfair practices are contrary to a sound
 public policy"
 | Mir Roosevelt's address was short
 and pithy. He wasted no time in
 presenting his fortnight appeal
 for wage increases to begin now
 and not later"
 Noting that commodity prices
 have risen in recent weeks and
 that wages customarily lag behind
 increasing prices, the president l declared:
 That result has in the past im-
 posed upon those who labor an un- fair burden; has prevented their just and equitable share in the
 profits of industry and has limited the purchasing power of the over-
 whelming majority of our popula-
 ton.
 T. therefore, ask you. who represent in all probability the ma jority of the employers of the na-
 tion. to refrain from further re-
 duction in the wages of your em- | ployes and l ask you also to in-
 crease your wage scales in con- formity with and simultaneous
 with the rise of the level of com
 modity prices in so far as this lies within your power.
 "It Is 6 simple fact that the aver age of the wage scale of the nation has gone down during the past four