Evening star., 1938-09-22

cluded something more than 800 Of
the men-and sprinkling of women
who are attending the congress
The meeting was under the auspices
Of the Washington Chapter of the So
ciety for the Advancement of Man
agement. made up in most part of those
associated with the Government. The
program. 1t was explained by E. T
Wilson, the president, was devised in
order to give foreign delegates some
idea of the management problems in
volved in Government enterprises, in
asmuch as the congress agenda had
not made such provision.
Sees One Sided Program.
This same point was emphasized
by DR.. H. S. Person, widely known
consulting engineer, now in Gov
ernment service. who said that ''unfor-
tunately. the series of general dis
cussions at the International Manage
ment Congress appears to have been
designed to develop but one theme
cessation in the United States of Gov
ernment interference with business,
return to free enterprise-a return to
that normalcy which, it is said, has
made possible the extraordinary in
dustrial development of the United
States"
In similar vein John NJ Carmody,
administrator, Rural Electrification
Administration. who presided. empha-
sized the deSirability of those not ac-
quainted with the new fields on which
the Government has embarked get
ting their information on them at first
hand
j. Warren Madden, chairman of the
National Labor Relations Board, said
of the Labor Relations Act that the
principles are very few and to men Of
good will are easy to comply with
Non-Interference Emphasized.
He summed them up as non-inter-
ference by employers in the efforts
employees to organize, and willingness
to bargain collectively He expressed
doubt that businessmen view as the
enlightened, statesmanlike part of the
business world" those of their num-
ber who have become involved with
the board, and said that blue chip
industrialists are having no trouble
with it,
To combat the argument that the
board is biased in favor of labor,
Chairman Madden said that almost
one-half" of the charges of unfair la
Dor practices filed by workers are
dismissed or withdrawn after investi-
CATION, and that these run into the
thousands.
William o. Douglas, chairman Of the
Securities and Exchange Commission,
whose speech was received with par
ticular warmth, told the delegates that
"in its aims and ideals the Securities
and Exchange Commission has much
in common with responsible and con-
servative business management. What
we both seek above all else, is care
full, conservative stewardship of the
interest of investors"
Responsible management has al
ways recognized its position as the
servant of the stockholders" he con-
tinued. Yet, the blight of capitalism
has been specious brand of morality
for corporations, a morality which
drew a distinction between the allie
glance which the management de-
manded Of its staff and the allegiance
which management owed to its stock
holders.
Watchdog of Business Morals.
you know and I know that there
can be no such distinction. You and |
I know that once capitalism forsakes
the standard Of trusteeship. it bids fair
to destroy itself. 1t is the job Of the
S. E. c. to eradicate that specious
brand Of morality and to restore old
fashioned standards which place busi-
ness above suspicion or reproach for
questionable financial practices"
DR.. Person scored the courts by |
which he said "the doctrines Of indi- |
vidualism were carried to an extraor-
dinary extreme" with the result that |
there came into existence 1.-The power
full private controlling groups" he
blamed for current economic ills.
1T is these groups that are uttering
the call for return to free enterprise"
at the Congress, he asserted, adding
that "the depression is not to be solved
by the return to free enterprise; 1t will
last until We have fundamental read
justments."
Evan Clague, director of the Bureau !
Of Research and Statistics Of the So
cial Security Board. detailed the sev-