The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1897-02-01


MES, the Corporations and trusts. walk
ing the floor at night.
Senator DAILY Is paving his way for
the next Democratic GuberilatoriaI 1omi-
nation, by standing sponsor for consider
able legislation that will make him. when
viewed through. political spectacIes.
champion OF thessdear people.
He has introduced a general anti
truSls Dill, which provides that all
trusts, pools. corporations and combina-
tons that can be proven to be in re-
straint OF trade. the productions Of the
necessaries of life, the manufacture or
safe Of common commodities, shall be
regarded as conspirators against the
general welfare of society, and shall be
prosecuted for aiding and abetting con-
The offense Is graded according to the
enormity Of the Crime, and made pun
$4,000, Or imprisonment. ranging from
one to ten years.
Ih1s antitrust bill is not seriously re-
garded. and there may BIZ no particu-
lar fear that 1t will pass, because 1t is
too sweeping and general In its pro-
visions. and means the bold, deliberate
golden eggs for the seos State eno q N I ! J sne
sey.
It is q well known fact that all the
principal national corporations and
Of the State Of New Jersey, and that
the state receives a very large income
from the franchise tax 1t imposes upon
them for doing business under the New
Jersey charter.
They are, therefore, nominally New
Jersey corporations and trusts, and I'M
der the law their principal office is sup
posed to be located in this State. 1t
would pc incumbent should such a meas
ure as the DAILY bill go through, for the
State Of New Jersey to prosecute the
various corporate organizations that are
now the source Of its income and pre-
vent the imposition of a State tax.
With Senator Days omnibus antitrust
Dill there has been introduced another
measure which is aimed at the big cor
porations, and which will not ~iterfere
Win their existence at all, but will make
them stand and deliver more money each
year for the privilege they enjoy Of hay
Ing the protection OF the State of New
Jersey. The details and effects of this bill
have already been published in 'aThe
The Legislature will begin its fourth
week today with not q bill passed
n no visible results of the three weeks
session. This afternoon the Senate Com
mittee on Railroads and Canals will give
a public hearing on Senator Days two
cent ferriage bill and his bill to prevent
railroads from interfering with the right
OF passengers to carry packages and par
cells on trains. Tomorrow afternoon the
House Committee on Railroads will give
a public hearing or Assemblyman Gled-
hllIs bicycle baggage bill, and a big dele
Satlon OF Wheelmen VIII be here to advo-
cate it and endeavor to overcome the SEN
timent that it demands too much of the
railroads..
The General Borough law, designed to
renew the existence of the municipali-
ties wiped out by the Supreme Courts
decisions, is expected to make its ap-
pearance during the week. The borough
representatives have been unable to agree
on many points, and the Senate Commit
tee is drafting a bill upon which a pub
liz haarfnc will ha i've 1ofnr
h Constitutional amendments are be-
ing held back to await action on Sen
ator Johnson's two new amendments
into assembly districts and creating a
separate Court of Errors n Appeals
system. The chief objection to the new
amendments is hat their adoption to the
new amendments is that their adoption
YOU throw all the amendments over for
another year before they could be sub
mitted to a vote of the people.