Indianapolis Times, Indianapolis, Marion County, 23 April 1937 — Page 26

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PAGE 26

NEW DEAL GETS |

GOLD SHOULDER

- FROM CHAMBER

Big Business Heads to Meet: President Omitted From Speakers’ List.

Timer Special WASHINGTON, April 23.—Business, massing here next week for the annual meeting of the U. S.

Chamber of Commerce, will do lit- |

tle fraternizing with the New Deal. The businessmen will gather just

across : Lafayette Square from the |

White: House, but President Roose-

velt, will’ not address them as his

Republican: predecessors used to do. Not even the Secretary of Commerce appears on the program. The only “high-ranking New Dealer . booked to address a general session ‘is. Edward F. McGrady, Assistant Secretary of Labor, who is to talk on labor relations in industry. Secretary of Agriculture Wallace will be a guest of honor at the international chamber's dinner, but is not listed for a speech. Inflation and tax problems will be discussed by bankers, industrialists and attorneys rather than by Government officials. Contractors will discuss housing and utility men power, ihe President's Supreme Court proposal is not scheduled for debate. On agricultural problems the Administration ond the chamber see almost eve to eye. and three officials of the Agriculture Department

will address a luncheon round-table. |

H.. R. Tolley ini | ; : : ¥. AAA administrator, | “inflation dangers,” particularly

will talk on crop control; Dr. L. C. Gray, assistant Resettlement administrator, on farm tenancy, and Roy M. Green of the Bureau of Agricultural Economics on crop insurance. — The chamber will be asked by its agriculture committée to indorse in principle - both crop insurance and efforts to check the growth of farm tenancy. The committee also agrees with Governor Myer of the Farm Credit Administration in regard to interest on farm loans. Governor Myer has asked Congress not to continue beyond July 1 the emergency reduction of interest to farmers from 4 to 31s per cent.

important part than is usual in the

session and a luncheon round-table will-be devoted to them. In addition to Assistant Secretary McGrady's talk, P. W. Litchfield, president of Goodyear Tire. & Rubber Co., Akron, ‘will discuss the responsibilities of labor and management and Virgil Jordan, president of the National Industrial Conference Board, will talk on the outlook for American enterprise. Homer Ferguson, president of the Newport News Shipbuilding & Dry

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{recognize the threatening state of

i major war. ,

FAT ‘HENS

Labor problems will play a more |

SMALL HENS

chamber meetings. Both a general |

| BOILING

Mayor's Wife Gets Early De

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Dock Co. will outline “proper | methods for employee negotiation,” | and B. C. Heacock, Caterpillar | Tractor Co. head, will discuss working ° conditions in By plants. The program indicates that a withering fire will be directed by speakers against the tax on undistributed corporate earnings. A round-table session will be devoted

and credit expansion and the Government's attempt to set up inflation controls. Only one round-table address will |

affairs abroad. The Rev. Edmund A. Walsh of Georgetown University will talk on possible restrictions on our world trade in the .event of a

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FLOOD CONTROL. THEORY TESTED

Soil Service Tries to Settle

Dispute on Effect of Deforestation.

Times Special WASHINGTON, April 23— Through experiments being conducted in two complete drainage areas,

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the soil conservation service is attempting to settle a century-old dispute over the effects of deforestation on such flood disasters as those of 1936 and 1937. Areas in the Muskingum Valley in Ohio and the Brazos Valley in Texas have been isolated into giant field laboratories. Within a few years the service expects to have 10 such experiments in operation. The studies will supplement similar activities in 19 soil-conservation experiment stations. Deny Disagreement Officials of the service, testifying before a House Subcommittee, emphasized the importance of checking water runoff as a means of controlling floods but denied any dis-

agreement with the Army Engineers’ method of controlling stream crests by large dams and reservoirs. ‘Dr. H. H. Bennett, chief of the service, told the committee his agency is attempting to discover methods of conserving water before it reaches the streams, while the engineers’ task is to control it thereafter. Dr. W. C. Lowdermilk, assistant chief, said experiments conducted during the January flood near Zanesville, O., showed a 94 per cent runoff from a .cornfield, 31 per cent from a woodland area and only 25 per cent from a bluegrass pasture. “Floods start on stream head-

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FRIDAY, APRIL 23, 1937

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