The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1935-05-01
RECOVERY IS
UNDER. FIRE. By.
j. CHAMBER.
Cabinet Man Makes Strong
Plea at Business Meet
inc. for Program
Bv ARTHUR, F. DEGRAVE
United Press Staff Correspondent


United Press Staff Correspondent
WASHINGTON, May l. (UP1
Secretary of Commerce Daniel c
Roper told a group of openly
critical business leaders last night
that the new deaf would not de,
stroy private enterprise ano
pleaded for patience and coop
Grafton with the administration IN
the drive. for economic recovery.
Roper faced a large assemplage
of delegates to the annual con,
vention of the U. S. Chamber OF
Commerce at the close OF aas
marked by angry outpurstS
against individual recovery prof.
Gets and demands that the new
deal reform program be trimmed
until trade is revived.
eve must be patient IN a pc;
Rod of general readiustment,
the cabinet minister emphasized
eff we would have the chances
come after the fashion of an or
DERBY evolution and not after the
fashion of destructive revolu-
ton" ~.
Many of the regulatory efforts
of the present era, he explained
force the good olsuffer for the
wrongs of the. mal-practitioners.
The. new deal, he sought to as
sure his listeners "is not INTENDED
to DESTROY business" but to "find
ways and means of protecting all
concerned against acts and agen,
cies which, if left unguided, viii
utterly destroy our democratic
civilization" - ~ ''s'
He appealed to business not to
become discouraged and y gave
them reasons, instead, why. they
should look toward the future
with optimism and confidence.
Business is growing better stead
ily, Roper insisted. He asked the
business leaders to consider these
official statistics:
Industrial production up 3.9 per
cent; a factory employment m
crease of 14.2 per- cent; an IN
crease in freight car ioadings OF
60 per cent: factory payroiis up
PTS per cent: a retail sales in
crease from $25.000.000,000 in
1893 to S28, 500,000,000fi 1894.
These are only aIfew. OF. the
most important gains that. lave
been made in the past year, Hop
er said. 80 !. =,
Earlier, Henry 1. Hartman. sre-
firing president of the chamber
had both praised and CRITICIZED
the new deal. His objection vas
that the administration had at
tempted to do too, much in 100
little time. s. trsu ,ras =, E"tiN ~
"The new deal has ATTEMPTED
much that is good he said. "But
it has tried to do too much in too
short a: time. 1t was forgotten
that. gradual growth and develop
ment is the law of life and that
great chances should come thru
the evolution of human exper-
ience." " Sh''' ~ -. - '.o.h
At the same time, Harper ,Sib-
ley of Rochester. N. Y, tall. mid
dle-aged farm manager who will
succeed Hartman. told negspa-
permen that business leaders
would fight every attempt BY the
administration to impose changes
on the nation that are not con-
fined strictly to temporary re-
covery projects. : -. -, ,.,
The greatest fear of business
today, he said, is that; Mr.. Roose-
velt's policies will build UP a
crushing burden of taxation which
private capital will not. be able tC
meet. @t.'
"President Roosevelt's admir-
able recovery efforts cannot be
considered anything more. thar
temporary palliatives," Sibley en-
phasized. Cuisines and business
alone has the power to set Ut
loonp-termG recovery, programs, =
Harr;man'sg address was milo
and conciliatory. He urged that
N1siness ponder its gains undei
the new deal. Unemployment il
steadily decreasing. he said, aivi
dends increased bv $500, 900, Doe
in 1884 over, 1888, exports, were
en- so per cent. the index figure
of business, activity rose during
the past year from 10 to 85 anS
the nations. banks are in a sound
position. ~
Agricultural prospects. have
| seldom, been better than, at the
present time, Harriman continu.
ed, and. there are indications that
the capital goods and corlstruc.
ton industries soon will be, stima,
lated. :. :
The. task of maintaining
America, of making it a desirable
place in which to live and of add
4 ing those items of construction
that are necessary for a higher
standard of living will conserva.
lively require the expenditure OF
! 0,000,000,000 a year" h.
added: eve find there is work
ahead TO rat least 1O,OO0.OOC
NV SOHliuSIlCe Is restored
and America, resumes its forward
stride" :
! Unfayorable factors which. hi
SAID were alarming business in
Guided the new deals social Sc
eurity program, the Black 80
hour week bin, the Wagner labo,
disputes bill the growing nationa
debt, government interference il
business, the public utilities hold
ing company bill and some fea
lures of the MIRA, the AA.A ane
IVA. ~,
He urged that the; new dea
follow a. middle. course, and list
ed four factors which, he felt
would restore confidence. The,
are: First, Early adjournment O:
congress and assurances that ma
lor reform. measures viii be cas-