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Show BUSINESS FAVORS HIGH WAGES, SAYS : F. C. RICHMOND I Commercial Club. President Reports cn Atlantic City Meet. ! A mni'il Httnl;im -e of Commercial ' dub mnilTP today heard President C c Richmond icport on the reenn-i reenn-i t' it t ion dim em ton. held under ihe iCiMiii. ..f the ll.tf'l Stan r.:tni - 1 1' I ..f I 'otlUTl'l C at .'.:-.M:ir ' II'. .!, 1'stii1mt 4. ." ami Mr. Itnh-mond Itnh-mond attended as n .V Senate fron the ! 'ommercial club. J "It was the general cor.ufnsns of , opinion of the fu:r ilmnMnrt business (men assembled at this convention that the t'tiited States would never go j buck to tlit lower st.i ndard of w ages of 'the prewar period Wages are ery I apt to lt maintained at a fntr. high standard, which would permit higher ' and better living- nd happier people, hut with the nut in tens nee of better , wages murt also com a higher crirr t,t i f.. u iw V.t.r. Tl.,- ni-iiiMf.n l ntt i or in- i li.iiii (Io.-h im.i mind p inn the provided the workniPii are kivimk fffuteni etvire, nd ihere must he hHrnicn heiween the worlni:tn nd l he t mplovT s to the -ta-t of tin hij;h wt.tnthini of workmanship SCIENCE RECOGNIZED. ' "Prices of limc comnmditie nnd 'manufactured articles will of course j be adjusted largely by the cost of labor. I "Americn mnnufactnrers are learn-j learn-j ihR t hat t lie hi-tent if ic ma n is a I. so a I producer and that money invested in him is well spent. When American push, pluck and incenuity have been added to the leverace of efficiency, knowledge and hard w ork. there Is something- doing of great benefit to the Anitriran pef-ple, and t hrouKh them to the world. "So that he reconstruction and readjustment re-adjustment of 1;iIm.i inxolves the practice prac-tice of tiie (aoldeii Kale on ttP pn rt of employe and employer as well as ihe practice nf t he highest Htanl.ird of labor efficiency. TURN BACK ROADS. "With reference to the govern inept control of railroad, it vnn almoM the unanimous opinion of t)ie conference that the goxernment shoidd lorn back iihe railroads to private ownership.' When the renoluton was adopted at 1 the convention there wa only one disentitle vote, and In t hi c.-iko the I Rentlenian only made the argument of giving t he government more time to in' Q"' 'i'-"i In KMioiu- J mendiiiK that 1 he railrottd? ie t urned back to private ownership, the confer- -ence suggested that they be under! some fel.Tal rulinun. which would uni- ' fy and harmonise various laws of , states affecting railroads, taxation, competition, etc." Mr. Richmond stated that tie convention con-vention urged that the ernment ; permit the setting aside nf a fund on ; the part of the merchants for the decline de-cline in price, this fund to be deducted de-ducted from the federal taxes, so as to permit the merchant to make readjustments. read-justments. He also stated that the convention urged the government to hold the taxes on business an low as . possible and to handle as much of government financing through government govern-ment securities as consistent. : l.. .,. . j |