Abstract

Editorials

The article presents information about various social and political developments in the United States. The "Kent plan" for reviving employment has been presented to the U.S. Senate Committee on Manufactures by Charles A. Miller, president of the Reconstruction Finance Corp. This plan is the brain-child of Fred I. Kent, a banker of New York City. It proposes in brief that industry, with a view to reemploying as many workers as practicable, shall resume operations "on a 1927 scale." announce its formal execution. The great trade organization of the light and power industry, devoted for years to the dissemination of its own variety of light and to the perpetuation of its vast power, is to be extinguished. From its ashes a brand-new trade association, purged and purified, the Edison Electric Institute, is to spring.