Detroit, Oct, i4, admire and believe li Dir, London, and hope he is. elect at declared Mr. Henry Ford, the motor magnate, after a. meeting with the Republican candidate for the presldency, who called on him to-day.
'Mr.' London, said Mu. Ford, was 8 business man who had eaten out of a dinner bucket for years, and who still" thought with men" who carried dinner buckets, They hed had enouyth of the New Deal, and about all the country could stand, Mr, Ford continued.
He himself had been its target for three years, but he did not hold that against it. "But; from the beginning, the New Deal had been assisted by the worst form of capitalism effort to destroy competition in the United States—Reuter, Statutes to' elect two counsellors and three censors (whose function it is to supervise the accounts) to re present. the shareholders on the board of directors.
The meeting was a stormy one, rom the opening of the session, a Clamour war raised. by discontented Shareholders, who inveighed against the recent reforms to. the statutes of the Bank of Franco, "and with {equal vehemence against the presence atthe General" Council, which Teplaces the former" Council of Regents, of M. Leon Jouhouse secre: tary-general of the General Conted eration of Labour and" a" Socialist of long standing.
This was the first meeting of its kind, as' the statutes of the Bank, Brier fo their recent modification the" Popular Front" government, provided' that only" the "200 modi important shareholders should parts cipate in the Bank Council, Emile Labeyrie, Governor of the Banks, denied false rumours thay have' een current lately to te ofo hat Share! will) be "deprived "of thei avidend ernet laing to the question of the new F,10.00000000 Equalization Fund {siabilshea following devaluation, Labeyrie pointed out that this does not form an integral part of the bank, which is merely entrusted with Ianagement. Fluctuations of this fund, naturally, he added, would mot figure inthe weekly. statements of the Bani The two new counsellors clectoo were. of, Lamaigre Dubreull, chatrtan of the Taxpayers. Confederation.
M. Duhem, chairman of the Con: federation of Industrial and Commer: ial Trade Unions. The three former tensors were re-eloced.-lavas,
Text read from the printed page and cleaned; old type leaves the occasional error.
