Business & Finance: Test to Come

The new head of the National Association of Manufacturers, Mr. Frederick C. Crawford, last week introduced a new word into the lexicon of that association.

Speaking before the Detroit Economic Club, Mr. Crawford rarely mentioned the Association's oriflamme of "free private enterprise" without interpolating the word "competitive" in lieu of "private." Whereas most of the resolutions passed by N.A.M. at its December convention in New York rarely mentioned competition, Mr. Crawford came back again & again, to the theme. Said he:

"Competition is the real key to the enterprise system. . . . Every unnecessary curb on competition is a curb on opportunities...

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