Salt Lake Telegram | 1934-06-06 | Page 13 | Dern Outlines Economic Needs at C. C. Meeting

DERN BERN OUTLINES ECONOMIC NEEDS AT A T C C. C C. C MEETING Secretary of War Pleads for Plan of Distribution at Session s Secretary o of War George H. H Dern Dens i told listeners at a chamber of ot commerce luncheon Wednesday that thata a plan for lor distribution of ot production is needed to solve economic difficulties dim dim- cuI ties The meeting was a representative business gathering and the former lormer Utah governor confided his address virtually solely to business busine s I lems Jems ems I I urge business men to remember It Is to their advantage to improve conditions for lor the ma masses es since only as purchasing power of the masses r I Improves will business prosper he said i Pleading for a plan for tor distribution tion which he inferred is the only trouble in the economic system Secretary Secretary Sec See Dern referred to a report of ot the Brookings Institute of ot W Washing Washing- ton Cites Cite Figures HI HIt If every family in the United States that cannot now have a decent standard of ot living could boost its income income in in- come 1000 a year ear it would require annual production of worth of or goods to meet needs needs' he said If It the average income W was raised to 2500 a year consumption would increase HIt It is foolish for us t to sit idly In t l wit want when we have the capacity to produce He said the greatest achievement of ot the administration is removal of an atmosphere of ot panic and restoration of one of ot confidence Reports from all sections of the countr country are e that business and morale are distinctly improved he declared Deplores Wage Ware Cuts He deplored wage cuts saying that if one concern cuts wages they all do doand and all aU are worse ot off than ever He said he feared legislation may be necessary for erection of the proposed proposed pro pro- posed air corps base at Salt Lake City and that such necessity ma may forestall immediate action The luncheon was attended by chamber of ot commerce and civic club members visiting business men and the public Welcomed By Governor The secretary was welcomed by Governor Henry H. H Blood and Mayor Louis Marcus Paul F. F Keyser chamber cham chain ber president presided At the speakers' speakers table were the Most Rev Re James E. E Kearney D. D D. D bishop of the Catholic diocese of ot Salt Lake Brigadier General Pegram Whitworth Fort Douglas commandant Colonel A. A F. F Dannemiller co commander mander of the Thirty eighth infantry Robert H. H Hinckley state stale F FER E S R A director County Commissioner E. E E. E Howe W. W Mont Ferry managing director of the Silver King Coalition Mines company W. W J J. J Halloran E. E O. O Howard A. A S. S Brown and Captain C. C B. B Lee acting aide to Secretary Dern Dem