Box 15, Folder 13, Document 76

THE COALITION HAS ALREADY AWAKENED
MANY BUSINESS LEADERS TO THE FACT THAT
OUR AMERICAN FREE ENTERPRISE SYSTEM ISA
BY-PRODUCT OF OUR DEMOCRATIC SOCIETY.

IT 1S NOT THE FOUNDATION OF THAT SOCIETY.

THE GREATEST HANDICAP WHICH
HAS CONFRONTED OUR FREE ENTERPRISE SYSTEM
DURING THE YEARS OF ITS EXISTENCE HAS BEEN
ITS FAILURE TO ASSIST IN TAKING ACTION
TO ELIMINATE THE WEAKNESSES OF THE SYSTEM
UNDER WHICH IT OPERATES.

THIS WAS PAINFULLY DEMONSTRATED IN
THE LATE TWENTIES AND IN THE THIRTIES.
HAD NOT FORCEFUL GOVERNMENTAL ACTION
BEEN TAKEN IN THE 1930's TO PROVIDE CORRECTIVE
SOLUTIONS TO OUR MOST SEVERE ECONOMIC CRISIS,
THE STOCKS WHICH SUPPORT THE FREE ENTERPRISE -
SYSTEM TODAY WOULD NOT HAVE BEEN WORTH THE PAPER
THEY ARE PRINTED ON.

WE HAVE LEARNED SINCE THEN
THAT BUSINESS MUST HAVE THE SUPPORT
OF STRONG GOVERNMENT TO MAKE THE SYSTEM WORK.

AND WITH THE CRISES IN OUR CITIES
MOUNTING DAILY, WE NOW KNOW THAT GOVERNMENT
NEEDS -- MUST HAVE -- THE FULL HELP OF BUSINESS
IF OUR GOVERNMENTAL SYSTEM 1S TO SURVIVE.
TO PUT IT BLUNTLY :
WE HAVE ALL GOT TO GET TOGETHER.

THE URBAN COALITION AND ITS TASK FORCE
ON PRIVATE EMPLOYMENT HAS AS ITS PURPOSE
TO CREATE A RECOGNITION OF THE WEAKNESS
IN OUR FOUNDATION AND TO PROVIDE A BASIS
FOR STRENGTHENING ANY LINKS WHICH ARE IN DANGER
OF FAILURE.

THIS CONFERENCE SHOULD HELP US
TO MORE CLEARLY EVALUATE OUR SHORTCOMINGS
IN THE AREA OF EMPLOYMENT AND TO MAKE PLANS
FOR OVERCOMING THEM.

WE WELCOME YOU TO ATLANTA, 1! HOPE
YOU CAN ALL REMAIN THROUGHOUT THE DAY.
MePHETERE EEE