Salt Lake Telegram | 1933-06-24 | Page 5 | Earley Voices Hope for New Trade Ideals

FARLEY VOICES HOPE FOR NEW TRADE IDEALS Says Sound Business and Sound Morals Moras Are One and Same NEW YORK June 24 2 JP ft tel tar General James A. A Farley expressed ex expressed pr pressed the thc hope today that we have seen the last Jast of pt the days day when nearly neatly every everyone one had the notion that whatever whatever what what- whatever ever they could get away with legally was all right Farley Parley was a speaker at the luncheon lunch eon closing tho the national convention of at the thc National Catholic Alumni Fed I 1 think if there is any anyone one reason why people of this this' country have responded re re- in the remarkable way they ha have to the efforts at nt starting a new deal he laid said it is b because they realize that not only in conventions of ci this sort but in the thc very seat eat of at our government itself the tho notion is b spreading that sound business and sound morals moral arc are one and the same ame thing There Theme are a great many human a ac which it is utterly impossible for laws laW to reach and cover Moreover Moreover Moreover More More- over legislation is always alwaY'S slow in catching up to the latest efforts of human beIngs boings to evade responsibility and to grab thc biggest share of ower or or profit prom for themselves The greatest single assurance that we could have of business recovery in this country and throughout the thi world would be a fully awakened public opinion ready to back up sound economic measures because they are morally right and just and arid ready to enforce responsibility in high places place and ad low places alike aike for the proper conduct of bus busi bul s ness nes af affairs irs I r Of the industrial recovery act Farley Far ley Icy said it would woud be a mistake ac to suppose suppose sup sup- pose poe that because some provisions sup of the antitrust laws have been modified modi mod fied lied we arc now now going headlong into an era of monopoly The function of the government In Inthis inthis inthis this new picture picture he said is J to see seeto seeto seeto to it i that the Interests of all al people are properly protected and ad that labor labor la bor bar and capital and ad the consuming public all al have a lull full ful and adequate representation tion