THE NATIONAL CHAMBER OF COMMERCE
Whereas, It is the belief of this convention that the education
of the commercial and industrial forces of the country is fostered
and promoted by trade associations for the interchange of views
and information upon the problems common to the business of the
members of such associations with the results of greater production,
higher standards of efficiency and better business ethics and conse-
quent benefit to the general public; and
Whereas, The increasing complexities of modern business require
free and sympathetic relations between business and government
which will result in common aims in the general public interest; and
Whereas, Each such trade association is a reservoir of the prob-
lems and general information affecting the trade which it represents;
now, therefore, be it
Resolved, That the Chamber of Commerce of the United States
in fifth annual convention assembled heartily commends the policy
of the Federal Trade Commission as expressed by its action in freely
conferring with business and assisting by constructive suggestion in
guiding it along lines consistent with progress, existing law and the
public welfare, thus inviting the confidence of business in the correct
solution of its relation to government rather than the apprehension
and suspicion which would necessarily result from a negative atti-
tude coupled with the attitude of prosecution, and the convention
suggests that frequent and free contact between the Federal Trade
Commission and such trade associations as the common representa-
tives of collective business sentiment and information will greatly
facilitate the work of the commission and be of great benefit to
business and the public generally; and be it further
Resolved, That we heartily commend and urge the continuance
of the commission’s efforts to bring about universal recognition of
uniform systems of cost accounting and education. (Resolution,
Fifth Annual Meeting, 1917.)
REFORMULATION OF LEGISLATION
Congress should at once consider the situation of all statutes
constituting our anti-trust legislation.
There should be formulated standards of general business con-
duct to be administered by a supervisory body.
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