The Archive · 1938

Mr. Lamont Challenge

NEW DEAL THESIS

Washington, Jan. 17.

Furthering his efforts to halt the current business slump by promoting closer ce-operation between industry, labour and the Government, Presi dent Roosevelt will confer with the nation's leading motor manufacturers at noon on Friday, a White House announcement said (to-day.

Among the conferees will be Mr. Walter Chrysler, of the Chrysler Motor Company; Mr. Edsel Ford, of the Ford Motor Company; Mr. William S. Knudsen, of the General Motors Corporation and Mr. Alvan MaCauley, of the Packard Motor Company. Four leaders of the automobile finance business also will attend. Well-informed circles believed the President would explore further the credit situation in- marketing motor cars in America.

Text read from the printed page and cleaned; old type leaves the occasional error.

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