OCR Text |
Show King Outlines Plans in Talk To University Students Rep.-elect David S. King this week voiced the conviction that a congressman can help both small business and labor by supporting sup-porting legislation that serves "their parallel interests." The Democrat who represents Utah's Second Congressional District told a University of Utah conference of student journalists jour-nalists that a legislator who helps labor or small business, or both, does not necessarily serve one at the expense of the other. He can serve both through a program which stresses their mutual interests rather than any differences they may have, Mr. King asserted. "The American system, by its nature, tends to funnel wealth upward, into the hands of business busi-ness giants, and freeze it there. Government has a responsibility to keep the wealth thawed out and circulating in the other di rection." Purchasing power in the hands of the masses is the life blood of the system, and labor and small business are in foundation, he said. Their parallel interests include in-clude taxes and monopolies. Mr. King said he advocates tax relief for small businessmen on the income "they plow back into the business." Too, he said he advocates firm enforcement, and perhaps a bit of stiffening of the nation's antitrust anti-trust laws. Consolidation which I produce business giants and big monopoly conditions tend to concentrate con-centrate wealth "at the top" and reduce the circulation of money in the economic system. Mr. King addressed students in the University's journalism department de-partment and journalism students stu-dents from Jordan high school, who were guests of the department depart-ment for the conference. |