Indianapolis Times, Volume 42, Number 274, Indianapolis, Marion County, 27 March 1931 — Page 32

PAGE 32

BIG BUSINESS TO TALK OVER ‘AILING WORLD' Ways and Means Sessions Called to Discuss Depression. 8;/ S'cripyg-lfovard X'wnpaper AUinner WASHINGTON. March 27.—What big business proposes to do about the "ailing world” will be discussed at two forthcoming conventions to b“ held at Atlantic City and here. One is the annual meeting of the Chamber of Commerce of the United States at Atlantic City in April, the other the first meeting on American soil of the International Chamber of Commerce, to be bold May 4 to 9. The latter meeting is attracting w idespread interest not only because business men of forty-six countries will attend, but because the worldwide depression will be, for the first time, attacked by business men as a world problem. The first plenary session of the world meeting will be given over to the cause and effect of the present world depression. Former Premier of Belgium, Georges Thenuis, the International Chamber's president, wilt preside. A trank discussion is promised from leaders from Latin America, Europe and Asia. Such problems as the tariff, recognition of Russia, the silver situation, irflmigration. reparations and loans, will be considered. Most important will be presentation of a report by a special committee on the economic relations between the United States and Europe. In this will be a discussion of the contrasting production costs and methods here and there, massproduction as against small-scale production, high wages vs. low wages, the need of regularizing production and employment, America’s chain store method of distribution and other factors. Dr. Alberto Pirelli of Italy is chairman of the committee making this report. Another feature will be a report by Sir Arthur Balfour on Russia's five-year plan; another the silver ituation in the Far East by K. Kehami, Japanese ship-owner; another speech by Gerard Swope on the need of regularizing employment; technical reports on aviation laws, cheaper rates on radio and cable communications, patent regulations, uniform commercial credits nnd bills of exchange.

CONFERENCE CALLED TO STABILIZE OIL OUTPUT Conservation Board Meets April 9 With Biff Producers. Scripps-Hownrd A cicapaper iUiatice WASHINGTON, March 27.—T0 Reek to stabilize America's $12,000,000,000 oil industry, the representatives of a half dozen of the big oil producing states will arrive here next month to ask aid and advice lrom the Hoover administration. The hearing is on April 9 before the federal oil conservation board, an unofficial body composed of the ecretaries of war, navy, commerce and interior. The forthcoming conference may determine whether the oil states will try to force an oil tariff or embargo on the next congress or seek to work with “the Big Pour” importers through co-opera-tive agreements. All are agreed that the country is over-producing and over-import-ing.

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He's Happy Now

Clifford Slade (above), former star xylophone player in the band at Michigan's lona prison, liked his music so well that he forged the warden's name to a note and now he's behind the bars again. Released, Clifford pined for his band and, after he had committed his new offense and pleaded guilty, a Grand Rapids judge fixed it up so he could go back—for fourteen to twenty-four years.

PREFERS EXILE TO JAIL Perjured in Citizenship Test, Man Will Return to Holland. By United Preg CHICAGO, March 27.—Five years exile to Holland in preference to a penitentiary sentence was chosen by Nicholas Graaman, 58, when he was found guilty of perjury in connection with ills application for citizenship. He elected to return to his wife and two children in Holland for the period, and was given permission to return here at that time under the Dutch quota.

Restaurant Supplies S* ns first before yon buy yonr Dishes and Utensils. Boston China Store 517 EAST WASHINGTON

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THE INDIANAPOLIS TIMES

.MARCH 27, 1931