The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-05-04
BUSINESS FAVORS
MODERATE POLICY
FOR coming YEAR
National Chamber Of Commerce
Condemns Part But Not
All Of New Deal


Chamber of Commerce of the United
States laid down q moderate policy
for the coming year Friday in % reso-
buttons criticizing parts, but not the
whole, Of the Roosevelt program.
Henry I. Hartman, whose attitude
toward the administration has been
friendly, was reelected president.
The chamber reiterated In resolu-
tions its policy for modification Of
the securities act, urged further modi-
fication Of the stock exchange legisla-
ton, warned against too great q re-
lance on persons in official position
and recommended that greater powers
be given MIRA code authorities.
The resolutions, while calling for
changes in several particulars and
laying down general policies against
too great government control, did
not, in any major item, denounce the
recovery program.
Resolutions approved international
silver negotiations and demanded re-
peal of part Of the wheat processing
tax.
On the wheat processing tax. the
chamber said experience had shown
unexpected and unintended conse-
quences" and that the exemption OF
farmers who exchange their wheat
for flour should be repealed.
Secretary Wallace told the cham
her that sooner or later the nation
may have to engage In more distaste-
full control OF agriculture II certain
other laws. such as the tariff. are not
changed.
Would Revise Rules
In an address concluding speech
making before the chamber, Wallace
said that just as there are rules OF
the game in agriculture there must
be rules throughout the economic
system.
Other resolutions endorsed policy
to give code authorities more power
in fixing minimum wages and disap-
proved taxation which Disseminated
among types Of businesses.
One resolution said the chamber
opposed compulsory legislation for
unemployment reserves and advised
code authorities to report within six
months on q plan for their industries,
individually.
The chamber recommended that
when the federal budget Is presented
q real one in accord with actual
expenditures be produced.
In q resolution on food and drug
laws the chamber said ANY attempt
by government authority to impose
q censorship In any form upon adver-
Using would be an inexcusable intru-
sion into private business affairs"
The present emergency bank de-
post insurance law should be continue
ed on temporary basis the chamber
resolved, calling the permanent plan
'unsound and destructive"
The Chamber Of Commerce elected
directors for the ensuing year includ-
ing:
For Montana, wyoming, North Da-
kota, South Dakota, Nebraska and
Minnesota: Oliver 8. Warden, editor,
Great Falls, Mont. Tribune.
President Sends Warning
The chamber acted after receipt Of
q message from President Roosevelt
warning it not to cry out "wolf"
against the new deal.
He asserted that citizens generally
will be impatient Of those who COM
plain and warned against holding
out "false fears"
1T is time to stop crying wolf and
to cooperate in working for recovery
and for the continued elimination Of
evil conditions Of the past" his mess
age said.
II confidently count on the loyalty
and the continued support Of the
Chamber Of Commerce Of the United
States"