THE NATIONAL CHAMBER OF COMMERCE
An enlarged Federal Trade Commission should be made the
supervisory body.
The membership of the Federal Trade Commission should be
increased from five to nine. (Referendum No. 26, submitted
February 1, 1919.)
FEDERAL TRADE ComMMIssIoN RULES
The Chamber approves the recent action of the Federal Trade
Commission in adopting new rules of procedure, which, it is
expected, will make the work of that body increasingly constructive,
effective and helpful to American business. (Resolution, Thirteenth
Annual Meeting, 1925.)
FEDERAL TRADE COMMISSION
The Chamber notes with satisfaction that the changes which
the Federal Trade Commission made last year in its procedure have
brought the administration of the Trade Commission law more
nearly into keeping with the original purpose of that law. We
concur in the expressions of the President of the United States, of
hope that these changes in the procedure of the Trade Commission
will be permanent. (Resolution, Fourteenth Annual Meeting, 1926.)
FIRE PREVENTION
WasTE THROUGH FIRE
At a time when increased production is of the first importance
destruction of means of production continues on a great scale. Each
year approximately $300,000,000 in property values are being
destroyed in the United States through fire. A large part of this
value represents waste that can be prevented. Considerations
which should appeal to every individual require that, even if condi-
tions were normal, the endeavors which are being made to stop this
needless waste, with its detriment to the public interest and its
private burden for all citizens, should be redoubled. At a time when
economy and conservation of our resources must be paramount,
in order that every effort may have its full influence toward increas-
ing production, it becomes the immediate duty of each person, each
[86]