Evening star., 1933-07-30
Johnson Forecasts Success
for Drive as Thousands
Accept Blanket Code.
FH0MEh'S CLUBS SUPPORT
|DRIvE FOR COOPERATION
Steel and Coal Rules Raise Cues.
ton Of Limitation on COL
lective Bargaining.
0y the Associated Press.

Hugh 8. johnson came back to WASH
ington yesterday with q code for the
automobile industry and predicted q
.fun measure Of success for Presiden.
Roosevelt's Unemployment campaign.
Striking back into the work Of direct
ing the recovery movement, the admin
istrator vaded through reports from
,postmasters and Commerce Department
omcias throughout the Nation before
making his prediction. The reports
showed that scores of thousands of en-
Fployes were covered already by blanket
agreements promising higher wages and
shorter working hours to spread en-
ployment.
Meanwhile. to the administrator came
pledge from II Of New York Citys
largest banks to do their part In ex-
panding credit to finance an increase
In trade.
Plan Justilies Support. .,
Asserting the objectives Of the recoy-
cry program Justify all the support
that can be given to them by the
Fbanks," the letter said:
Loans made in connection with the
etndustrial recovery program may be hk-
ened to seasonal loans. thev will Be
made for the financing Of the produc-
tion Of inventory. the LIQUIDATION Of
which the success Of the Presidents
plan would insure
Such loans should be granted, Of
course, only where the credit Of the
borrower tuStifies it, and such . loan
must be considered on its own merits,
but Ill loan applications which pass
the ordinary banking requirement
should. and undoubtedly viii, have
Sympathetic consideration from banks"
The pledge was signed by the Chase
National Bank. Guaranty Trust Co.
First National Bank, Bank Of Manhat-
tan, New York Trust Co.. National City
Bank Of New York, Bankers' Trust Co.,
Irving Trust Co., Chemical Bank q
Trust Co. and the Manufacturers Trust
Co.
The action of the metropolitan In
StitutionS was immediately interpreted
by odiciak IS the beginning Of gen
erAl movement throughout the country
to make finances available.
Urges Aid sf Wemen.
More impetus was given the move
ment by . letter circulated by Mrs.
Grace Morrison Poole, president Of the
General Federation Of Women's Clubs,
urging al members not to patronise, as
far rs possible, establishments who
seek . temporary advantage by failing
to sign the Presidents Unemployment
agreement"
Intended to direct the 1000, 900 mem
bers to stores displaying the blue
eagle" insignia of the Recovery Admin
istration. Mrs. Poole's letter said:
The Governments most vital under.
taking Is the administration Of the ma
ttonal recovery act, which calls upon
all industry to provide Q scale Of mini
mum wages, which will assure to every
class Of labor . modest standard Of hv-
ing, which will greatly increase the
combined purchasing power Of all
working men and women, and which
will Immediately convert the worker
himself into . consumer.
AT the same time, the act calls upon
industry and labor to arrange a lin
tied length of work-the maximum
number Of hours-thus to provide re-
employment to millions Of people.
They, in turn, are also converted into
purchasers.
There Is really no sacrifice In this,
simply common sense, self preservation
ON the part Of industry, and . valuable
service on the part Of our clubs viii be
to spread this doctrine
First Of all, We ask that you point
out to your members the advantages
OF supporting the stores and other e.
tablishments which are listed - mem.
bers Of the N. r. A. and o. far q DOS
dble not to favor those who seek q
temporary advantage BY failing to SIGN
the Presidents re-employment agree
ment.
ITO cooperate is to be patriotic"
VIII Keep Open SHOPS.
No oficial estimates were being made
yet by the recovery administration, but
thousands Of employers were reported
signing the covenants with President
Roosevelt, under which they agree to
help restore purchasing power, pending
adoption Of more permanent codes for
each industry. These reports covered
employers Giving work to from 4 to
more than 1000 employees.
From his Army plane, landing st
Boiling Field, JOHNSON went directly TO
his ONCE for conferences. On the way
TO his once be received report from
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