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Petitioner's Exhibit No. 253. 2485
chase film only from the association of manufacturers and importers.
"2. No duplicating of film.
"3. The elimination of sub-renting. (A sub-renter was defined as one who, for the purpose of profit, secures film from a renter and re-rents it.)
"4. No film to be sold second-hand.
"5. Retiring of film purchased after it has been rented for a period to be decided; the reurning of this used film to the manufacturers. "
RESUME OF PROCEEDINGS.
Saturday morning the various renting concerns began to file into the hotel and introduce themselves. This naturally took some time but was well spent. At 11.30 the first meeing was called to order, when W. H. Swanson, of Chicago, and D. MacDonald, New York, were appointed, respectively, president and secretary pro tern. The first business was the collating of a roll call of all x^resent, their firms and standing. Mr. Swanson then welcomed the various delegates, gave an able and lucid address on the trials and difficulties, the good and evil points in the renting business, expressing the hope that the conference would be able to arrive at some definite policy, whereby the good could be improved and the evil eliminated. The ideas he expressed seemed to voice the sentiments of all, and after outlining the objects of the conference he made a suggestion that a committee on credentials be appointed, which was immediately acted upon. This committee at once set to work and reported favorably on the propriety of the conference. Following this a committee consisting of Messrs. Swanson, MacDonald, Peckham, Miles and Clarke were appointed to interview the manufacturers, the meeting adjourning to await the report of the committee, who at once proceeded to interview the manufacturers meeting in another room.
Roth sides expressed their opinions, fully reviewing the pros and cons of the situation, and a plan was adopted whereby both manufacturers and renters could in future work in harmony with mutual benefit to both. The manufacturers expressed themselves as being in full accord with