ECONOMIC PLANNING.
U.S. Chamber of Commerce Discusses N.R.A. United Press Assn. —By Electric Telegraph—Copyright. WASHINGTON, May 2. Fourteen hundred delegates, to the annual convention of the United States Chamber of Commerce to-day heard a series of speeches from leaders of the business and industrial world, some praising and others condemning various parts of President Roosevelt’s recovery programme. The President declined to address the gathering himself and was represented by General Hugh Johnson, who defended the administration of the National Industrial Recovery Act. Mr Henry Harriman, president of the chamber, took an optimistic view of business conditions and praised the N.IVA. to the extent that it had abolished child labour, eliminated unfair competition and effected other reforms. The general reaction of the assembly appeared to be that economic planning to a certain extent was desirable, but it was postively opposed to permanent governmental control of business through such devices as the Securities Act and the proposed Stock Exchange legislation.
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Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20296, 4 May 1934, Page 1
Word Count
158ECONOMIC PLANNING. Star (Christchurch), Volume LXVI, Issue 20296, 4 May 1934, Page 1
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