OCR Text |
Show Says Waste and Extravagance Caused HHJ HHV Cincinnati. In his nnual address HHV boforo tho National Hardwood Lum- bcr association on Thursday, Prcsl- H dent John D. Itasom dcclnred that "wasteful extravaganco In public and business Ufa was tho causo ot tho ro- cent panic." Ho spoko of tho valuo H or tho movements ror improving tho waterways and preserving natlonnl HHH forest lands. Ho said a largo percent- HHH ago or tho lumber mills wero closed, HHH but thnt tbo "lumbermen wore far HHH from dead." Tho roport ot Secretary HHH Lewis Dostor showed that 70 per cont HHH of tha mills had been shut down dur- HHH ing tho panic and that most of thoso HHH will not begin operations until March HHH or HHH |