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The Organized Farmer
Red Wing, Goodhue County, Minnesota
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Laurence Todd reports from Washington on the Committee on Recent Economic Changes, headed by Herbert Hoover, which advocates leaving employment stabilization to business leaders rather than government. The committee, a continuation from the 1921 Unemployment Conference under President Harding, sponsors a study on U.S. economic changes to be published next April or May.
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By Laurence Todd
WASHINGTON (FP)— Leave the stabilization of employment to business men. Keep government out of it.
If men at the age of 50 are losing their jobs in modern industry and are unable to get new jobs at anything near as good wages as they have had, leave that issue to the bigness of heart of the employers.
Such, for the present, is the attitude at headquarters of the Committee on Recent Economic Changes, 503 Department of Commerce Building, Washington. That committee is one created and headed by Herbert Hoover as a continuation of work begun by Hoover's standing committee after the Unemployment Conference summoned by President Harding in 1921. The present committee sponsors the "Study of Economic Changes in The United States" which will be published next April or May by the National Bureau of Economic Research.
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Washington
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The Committee on Recent Economic Changes, headed by Herbert Hoover at 503 Department of Commerce Building, Washington, currently holds the view that employment stabilization, including issues faced by older workers losing jobs, should be left to business men and employers rather than government intervention. This committee continues work from Hoover's standing committee following the 1921 Unemployment Conference summoned by President Harding and sponsors the "Study of Economic Changes in The United States" for publication next April or May by the National Bureau of Economic Research.