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Show BjjjJ HOLDS WATERWAYS' USE MM WOULD REDUCE H. C. L. ST. LOUIS, Mo., June i S. Develop-: ment of Inland waterways will go fur; towards reducing the living cost, ac-1 4 cording to .lames E. Smith, of thlsj T city, chairman of the vvaterwas di- vision of the Mississippi Valley nsso-1 nsso-1 elation, wlio today spoke before tho; convontlon of the United Stntos Junior1 B chamber of commorcc, in session here. "We hear much about the high cost of living," ho said. "It is generally conceded that tho chief cause of the high prices which now prevail is duo to under-production and that the pres-cnt pres-cnt high cost of living will not be rc-B rc-B duccd until the productive capacity of B tho country is increased. It cops vvith- B out saying that such an Increase In fl production is not possible without a corresponding Incruaso in trunsporta-tion trunsporta-tion facilities. Therefore, It Is appar-em appar-em that development of our natural L carriers would go far towards reduc- H5 Injr the high cost of living." BsVn mi |