Evening star., 1941-12-05
Is Recommended
Made by n. A. N. on
Postwar Economy
WiIIiumsP. Witherow
Elected New President
Of Association
By the Associated Press.

By the Associated Press.
NEW YORK, Dec. 5.-Wise policies
now and after the defense period
can prevent widespread unemploy-
ment. the National Association Of
Manufacturers declared today in
platform adopted by several thou
sand of the Nations leading indus
trialists at the associations annual
convention.
The policies included five which the
association contended were largaly
the responsibility of government and
an additional eight which the body
urged be considered for immediate
adoption by business management.
To government, the platform rec
commended:
l. Make investments attractive by
allowing both business and individ-
uals who risk their money to keep
enough earnings to make the venture
worthwhile.
g Have tax policies which ercour-
age. not penalize, reserves and
savings.
Wants Debt Limited.
8. Hold the public debt to size
which will not furthur endanger the
value of our currency.
4. Change securities laws and reg
ulations so financing of honest buSi-
ness will not be burdened with un-
necessary red tape and expense.
S. Maintain banking and credit
policies which will provide enough
credit for expanding needs of busi-
ness but will prevent excessive specu-
lation.
To business, the platform sug-
gested:
l. Develop new products; improve
production methods.
q Use every reasonable means to
strengthen the financial position Of
your individual business.
8 As far as possible defer until
af<' the war new building and ex-
pansion of machine facilities.
4. Avoid excessive inventories dur
ing the emergency and try to pre-
vent your customers from overbuy-
ing.
S. Make every effort to keep costs
and prices down.
6. Adopt every reasonable means
to maintain regular employment.
Z. Plan for retraining of workers.
released from the Army and de-
fense industry.
s. Make a policy. wherever posi-
BILE, of employing and training
young men directly out of school
or college in order TO build up the
long-term productive force of the
country.
WitherOw Elected President.
Directors of the association last
night elected William P Witherow,
president of BlaW-Knox & Co. Of
Pittsburgh to head the manufac-
turers during the coming year.
He succeeded Walter D. Fuller,
president of Curtis Publishing Co.
Mr.. Witherow. who was chair
man Of the associations Defense
Committee, took the helm after
the industrialists had directed their
discussions for two days almost
wholly to the problems of the war
time emergency.
Mr.. WitheroW, a steel and ma
chinery manufacturer whose plants
are doing "98i2 per cent defense
work" told neWspapermen:
I'VE must back the defense ef-
fort to the fullest extent. I think
the manufacturers of the country
are going to supply the machinery
to carry this job through"
Resolutions Adopted.
The delegates adopted group OF
resolutions which included:
A recommendation that the Gov
ernment give all possible attention
to the plight of civilian goods manu-
facturers during the emergency.
A request for amendment of the
Wagner Labor Relations Act toward
the end of correcting alleged in
eQualities.
A denunciation of the practice of
certain labor leaders of preventing
the handling, sale or use of goods
on which they place their mark of
disfavor."
A request that Congress alter the
wage-hour law Ito remove restric-
tons that are unnecessary for the
maintenance of minimum wage
standards and establishment of a
basic normal work week
A declaration that at least $4,000
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