Evening star., 1938-02-05
b the Associated Press.

B5 ffie Associated Press.
The following is the text of the re-
port made to President Roosevelt YES
terday by the Resolutions Committee
Of Secretary Roper's conference on
little business men:
In response to your invitation ex-
tended through the Secretary Of
Commerce. Hon. Daniel c. Roper
approximately 1000 representatives of
more than 40 States. have engaecd IN
discussion of steps which. in cur
opinion. will contribute to business re-
covery. This committee. duly ap-
pointed by the conference to convey its
recommendations. desires to express
for the opportunity to freely discuss
their problems as related to govern
ment and for this first recognition Of
their part in the national economy.
Participants in this conference have
earnestly discussed the ills that aft1ict
them as small business men and have
given freely of their time in an earnest
effort to assist in finding way to
complete prosperity with the full belief
that their opinions will Be given full
consideration and that your concern in
this matter is as great as their own
Easier Loans Asked.
AS you know, small businesses still
do more than half of the total volume
oF ho J,i
are still the preponderant factor in
the maintenance OF employment. They
operate to stabilize our economic life
through wider diffusion of activity
They contribute to an equalization of
values throughout the Nation through
kets. and they and their families and
employees constitute major portion
OF our national purchasing power.
We present. therefore. a series of
suggestions for your consideration:
l. In the matter of finances, We
make these recommendations:
A. Enable the American banking
system to make insured loans for all
necessary purposes.
B. Set up Government agency
to render this service wherever finan-
cial institutions are unable or un-
willing to function.
c. Modify the capital gains tax to
give the taxpayer credit for loss years
against years of gain
D. Repeal the undivided profits tax.
E. Modify Securities Exchange
Commissions regulations to increase
the amount of exemption to $500.000,
but require reasonable information
for protection of investors.
Labor Pact Responsibility.
2. We urge the encouragement Of
the investment Of private capital In
new enterprises.
g. We ask that employer and EN-
ploye alike be held responsible for
the faithful observance of mutual
labor agreements.
4. We urge that governmental ex-
penditures be curtailed and the budget
balanced as soon as possible
S. We urge the immediate institu-
ton OF campaign to stimulate busi-
ness.
6. We recognize that social reform
is necessary as part of progress, but
urge that it Is not so rapid as to
disrupt industry
7. We urge that relief administra-
ton and responsibility be returned to
local communities as rapidly as pos
sible.
g. We urge that the Government
continue to cooperate with business.
8. We urge that the Government
abstain from granting advantages or
special favors to non-prof1t organiza-
tions either directly or indirectly.
10. We urge that 1t be considered
unfair trade practice for firms. cor
porations or governmental units to
sell to employees in competition with
business
II. We approve the principles Of the
Robinson -Patman and Miller -Tydings
acts.
II. We approve the principle of the
State fair trade practice acts and urge
approval of legislation designed to
curb destructive competition of chain
stores.
13. We urge the strengthening and
enforcement of all laws seeking to
curb monopolies.
IA. In the matter of social security
and unemployment taxes:
a. We favor the simplification Of
detailed forms III connection with the
social security tax.
b. We recommend the reduction Of
unemployment taxes in stabilized in
dustries where now exists justif1able
employment experience.
is. We question the merit of a
standard wage and hour bill because
of geographical differentiak.
16 We recommend that an imme-
diate investigation Of the administra-
ton Of the Wagner Labor Relations
Board be made.
Housing Act Urged.
II. We urge the approval OF the
Wagner-Steaball Housing Act and the
encouraeement and extension Of ho1ne