The Daily Alaska empire., 1933-06-22

(Centinued rom Page One.) stood as a policeman armed with the antitrust laws as club and saving: Thou Shalt Not" it now comes to industry and business and tells them You Shall" and it is armed with the authority to en- force the decree.
 He said that the act embodies a plan advocated for years by the National Chamber, and makes IL possible for the employment of la Dor at fair wages and for reason able hours. and for industry and business to be conducted on a profitable plane by the elimination of cut throat competition and sweat-shop methods.
 Get Busy Now
 In part MT. Rose said: President Roosevelt has sent to Congress and Congress has passed a bill which in effect says to business, you have asked for the right to regulate yourself, spread employment, stab- ilize wages, restore purchasing pow CT. all in your own way. Get busy and do or the Government will do it for you. The act bristles with the admonition to industry. Get Busy NowP
 'Fcr an experimental period of two years, the act sets aside the portion of the antitrust laws which forbids agreements among compet- itors, and contemplates voluntary agreements by trade groups, gov ernning wages, working hours, con- trol of production, prices, unem- ployment and pension reserves, and numerous other competitive prob lens, to be enforced through the power of the Federal Government, or, failing that, promulgation by the Government of compulsory standards embracing the same vit- al provisions, or, failing success by either of these methods, direct Federal licensing of business en- terprises. The penalty sections pro- vide severe treatment for violat- ors."
 The law, MT. Rose said, is square ly in accord with legislation urged since 1914 by the National Cham berl It would prefer to have had it permanent, rather than for just two years, but that the actual termination very likely would de- pend upon the nature of the results obtained during the two-year per iod.
 Praises Gen. Johnson
 Brig. Gen. Hugh s. Johnson has been appointed the permanent administrator of the industry con- trol provisions. Washington opinion seems united on the proposition that a better, fairer, more ener- getic, more experienced man could not have been named" he declar- ed From his days of perfecting the selective draft uring the World War and service on the War h. dustries Board, Johnson has been known as a man who means buSi- ness and is contemptuous of red tape.
 Just what the system means was aptly phrased by MT. Rose as fol- lows We are about to put into operation a plan whose essence IS that business men, firms, corpora tions, trade associations, will be pressed to do voluntarily, or will be made to do if they do not volunteer, just what they have been prevented from doing in the past under the threat of peniten- tiary sentence. That is, they will be expected to bring order out of industrial chaos, and to put an end to wage cutting, ruthless price cutting, exploitation of labor and the like. Of course, it is not going to be easy. Questions of procedure, regulations, and methods remain to be worked; intricate competitive re- lationships between industry re- main to be adjusted But the great principle of self-regulation has been driven home"
 Preparing for Weeks
 For weeks President Hartman of the National Chamber, and his closest advisers, as well as those in the Administration with whom they have been working, have been un- believably busy men bringing this great accomplishment to fruition It seems only a matter of days