Washington, May 24.
Frequent war alarms in Europe are retarding business recovery in the United States, the Secretary of Agriculture, Mr. Henry Wallace, told the National Retail Federation here last night.
Mr. Wallace said the fundamental problem of the United States was to. get much larger capital invested im desirable productive uses.
Farmers would rejoice if businessmen would regain their faith in the future, Mr. Wallace said.
Mr. John W. Rudin, merchant of Mount Vernon, Ohio, addressed the forum and charged that the New Deal promoted class feeling and had per-secured—successful businessmen.—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.