Smyrna times., 1949-08-04
STATEMENT BY
SENATOR FREAR
Activities Covering Current
Congressional Matters In
Which He Is Involved
HEADS SUBCOMMITTEE

Americas small business men
whose initiative and enterprise,
he said, "have been one of the prin-
cipal means of promoting the mag
nifcant expansion of our country"
In the eighth of a series of weekly
radio reports on the current con-
gressional matters broadcast over
WDEL, wilmington Sen ator
Frear declared that the competi-
tion developed among small busi-
ness firms assures constantly i'm
proved goods and services TO the
American consumer. The Della
ware senator told small business
men that the Small Business sub
committee of the Banking and
Currency Committee is actively
concerned with their problems, and
welcomes the opportunity to be of
assistance whenever possible. Mr..
Frear again urged the prompt con-
sideration of the little mans R.FC.
Bill (also variously known as the
Delaware Plan, the Maybank Pro-
gram, etc. which he said would be
a great boon to veterans and 9th
ers interested in starting up a
small enterprise. 81 have no hesi-
tancy", he stated, "in expressing
the belief that the small business
man is the bulkwark of our free
enterprise system. His accomplish
ments reflect the typically pioneer
spirit that is so characteristically
American"
The full text of Senator Frear's
remarks follows.
In scores of American commune
ties, both large and small, hun
dreds of industrious men and Wo-
men are at this very moment con-
cerning themselves with a some
times difficult, but basically sound
problem. These people are the
owners and operators of small bus
mess firms, and the problem they
face is how to keep their establish
ments economically healthful SO
they will grow and prosper.
Small business is indeed an all
embracive term and one which is
intimately associated with our
great American system of free en-
terprise. A small business can be
as humble as an apple stand on a
crowded street corner. 1t may be
any one of an almost infinite vari-
ETY. of undertakings. But without
our thousands of small business
men and business women, there
would be no America as we know
it today. Their initiative and en-
terprise have been one of the prin-
ciple means of promoting the mag
nificent expansion of our country.
We sometimes think of big bust
ness, and let me say that there is
nothing necessarily wrong with
bigness, but nevertheless, we usu-
ally look on big business as being
in position to take care of itself.
That is not necessarily true, of
course, because any business must
be given the opportunity to expand
and develop, or else it will die. But
a small business does not have the
resources of great enterprises. In
many cases it may comprise only
one person or perhaps the members
of single family. But whatever
the size or scope of his undertake
ing, the little independent business
man survives only through his own
individual ability to apply sound
methods of finance. He must know
well the significance of competition
and be able to successfully meet it.
That is why I have particularly
concerned myself with matters of
small business as they have been
referred to ME from not only Del
aware but from many other states
as well.
One of my assignments within
the Senate Banking and Currency
Committee has been to special
subcommittee, exclusively concern
ed with the problems of small bus
mess. In the course of our delib-
erations within this subcommittee,
/ have come to be closely associ-
ated with many small business
men and have learned much about
the various factors affecting their
operations.
Every day representatives of
modest sized business establish
ments in the United States call at
the offices of our subcommittee on
Small Business. They present such
problems as how to procure scarce
commodities or how to obtain ex-
port licenses, and many, many
others