CAPTAINS OF INDUSTRY
PLANS TO STABILISE U.S.A. BUSINESS. •»* £V (United Press Association.—By Electric Telegraph.—Copyright.) I, ' 1 WASHINGTON, Dec. 5. Over four hundred leading representatives of industry, finance, trade and commerce, who have been meeting to devise means for carrying out President Hoover’s effort to stimulate and stabilise business, have concluded their labours. The result is that they have appointed 72 members of standing in the business world to begin the task of organising an Executve Committee, which will be the nucleus of the organisation, and will deal with economic conditions, with the object of preventing’any further depression such ns was coincident with and followed in the wake of the recent stock market •crash. The names of those who will comprise such Council, and the scope and character of their work, will not lie announced for several days. The body of men composing the conference, who represented billions of dollars in corporate and individual wealth, was described as “the greatest cross-section ox American industry that has ever .oeen gathered together.”
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Hokitika Guardian, 7 December 1929, Page 5
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169CAPTAINS OF INDUSTRY Hokitika Guardian, 7 December 1929, Page 5
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