PEACE IN AMERICAN INDUSTRY

Wanganui Chronicle, Volume 83, Issue 48, 27 February 1939, Page 7

PEACE IN AMERICAN INDUSTRY

ROOSEVELT’S APPEAL FEDERATION OF LABOUR AND C. 1.0. NEED FOR CO-OPERATION [By Telegraph—Pi etfe Association—Copyright] Received Feb. 26, 7.12 p.m. MIAMI (Florida), Feb. 25. President Roosevelt urgently requested the heads of the American Federation of Labour and the Committee of Industrial Organisation to immediately appoint committees and negotiate a peace agreement. He gave four major reasons for it. “(1) Because it is right. “(2) Because responsible officers from both groups seem to me to be ready and capable of making a negotiated just peace. “(3) Because your memberships ardently desire peace and unity foi the better ordering of their responsible life in trade unions and their communities. “(4) Because the Government of the United States and the people of America believe it to be a wise and almost necessary step for the fuither development of co-operation between free men in a democratic society such as ours.”

ENCOURAGING PRIVATE CAPITAL

RECOVERY OF INDUSTRY Received Feb. 26, 11 p.m. DESMOINES, Feb. 25. “The Government desires to create an environment in which private capital will be encouraged for investment,” Mr. H. L. Hopkins declared, in his first policy speech after his appointment as Secretary of Commerce. He asserted that this was possible without compromising New Deal reforms. The administration was shifting emphasis from reform to recovery and was determined to promote the latter with all the vigour and power at its command.