New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-01-16
WAR DECLARED ON TRUSTS
LEXOW. THE INVESTIGATOR, PROPOSES
ANOTHER INQUIRY.
AND IF HE FINDS ANYTHING WRONG. LET
CORPORATE WEALTH REWARE-OTHER
THINGS THAT CROPPED Up IN


Albany. Jan Is Especial -Appa rentlv the New
York Legislature will be committed to n
thorough investigation OF Industrial trusts and will
have submitted to it bills aimed at the correction
| o. any abuses In trade practices which may he
discovered AT least that Is what appears the
| surface. What may be suspected is that the Re-
publican State Committee. after listening for about
a month TO the ringing OF big bell by Tammany
Hall and members OF the Democratic State Com
mittee for the corporations interested In trust af
fairs TO make some advance contributions for cam
pagn expenses next fall. has decided to appear as
n defender OF the peoples interests itself. and has
instructed its representatives in the Legislature to
create investigating committee ana have evil
dcnce taken about trusts
Senator I.exow IL to lead the antitrust crusade.
He presented the following resolutions to the Ser
ate to-day:
Whereas. 1t is charged that combinations Of
capital in the nature OF trusts are increasing In
number and influence in this commonWealth
| whereby various important branches OF industry
have become concentrated in the hands o. Il ie"'
creating monopolics. shutting out competition as
Means out Of business and production and price
are regulated not by the natural laws OF supply
s enn but by the arbitrary decision Of
binations operating together to destroy compet-
Whereas 1t is further charged that combina
leges and advantages detrimental 10 puphc inter
directly or Indirectly foster and promote the growth
o. evils complained Of II they exist. are Al least
fnadsous;a 10 furnish relief: and
Whereas II these charges well founded such
conditions must necessarily operate to the dlsah-
resolved il the Assembly concur. That a
Joint committee OF the Legislature. consisting
Assembly. be appointed with fun power and
authority institute and Conduct an ,nyess nd
monopolies exist in this commonwealth or operate
in such forms as are b or so exist or op
crate the causes that create and maintain them
and n in any way the business hs
are jniuriously affected by the present economic
II vnder the or laws as o wealth
enjoy special peculiar priviieses or nnnu, az
vantages in the business and industrial conu'''o"s
And that PURPOSE the sa1 em
pm,nv counsel a stenographer and such other as
sisiants as may be necessary TO send Tor persons
ai' ,ba mowers privileges and authority OF egis-
H., a,ive committee: and IT Is further u.
'e es fnrncoodines conclusions and recommended
lions n the earliest day practicable
ct is the duty of the Republican party no" III
nor.er said Senator Texow. ITO listen 20 the de-
ord ~ the people that trusts shall he suppressed
o,d whatever. evils there may be in commercia'
conditions remeded. This subject ought TO ne con-
sdered at once. I therefore move 'ha' 'neSe res
,.;oa ho nsda n special order for consideration
or Tuesda; next - - ro
,,o leader complained that the resolution was
,n,arded 10 prevent the immediate passage OF anu
, h,ls such as he had introduced He pre-
,,,oa hat the Trust Investigation Commute"
,s nrolong its taking of evidence so that M
,,,,;or ~ value regarding trusts would be
passed . c,or an
coed tho resolution because he feared the ne
''I,,..ns would pass antitrust bills devised by
themselves. -. o,,,,o,
TIL. Senate then directed THAI tho resolution
do A
consideration next TUESDAY
senator Ford offered resolution GAZING upo"
Representatives In Congress 10 favor pih III
roasinp the salaries OF letter carriers, oehaa1i
EIsworih thought IT unwise TO medic IN t nt a..
~, was time that this class OF RESOLUTIONS shouIu
ho snnuresscd. and his objection the reso"''o''
was laid the table ,.. ..,doa dowr
eor,ai from the Chamber Of Commerce or New
Work asking for extension o tifne 10. nv ~,
sderatjon OF the new charter Ior " ..niS
~ Tew- York by the Greater Newt orh 'o"iiS-
sion -, a,ourrea until 30 o'clock on
Monday night , - ,o,roduced I'm tho Sonata
to-day , Amending the art prohibit
T., ,' ,orharIng on Sunday by exempting brooklyn
lne , pUin,Wsio az we'll as NewNork and Saratoga
Nv senator Munznger-froylhing oda' , ,n -
IT, 'i WAX shall be paid from the proceeds OF
sWowyork civ bonds and That no local assess
-, shail 10 made for such expense -
10, senator White-Approprlatng ~" lor ne
by St's for an industrial school for juvenile
esld IN tho Fifth Judicial District 10 he
on "a the BOYS Industrial School OF Central
Nex-York. ,,Li,r m. form NJ Office ~
fty o' .,ar in New-York County four years.