The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-20
The Post Bureau.
Austin, Texas, April 10.

Austin, Texas, April 10.
~ ANTITRUST BILL remains the all
.,,orbing topic here. This evening the
..,., committee to which It had been
..,.,r.d IN the senate held another
~..,,ut At which it heard from George
: GARDEN Of Dallas. He spoke from the
=. insurance standpoint and denied
~, me State had jurisdiction to pro-
IN, The execution beyond its limits of
..,r.cs whether entered into in re-
.,..,,t Of trade or not. Further than
Il. he alleged that the proposed act
mid AFFECT insurance, building and
q, and trust companies principally,
IA would not reach the oil, coffee,
,.,ker, sugar. wire and similar trusts.
Knight the committee sat again to hear
,,or, Judge Reagan, Ex-Governor Hogg
N Judge Terrell, whom 1t had invited
!, ,ppear and discuss the bill. The ex-
rs,ruor sent letter declining, for
,.sons Of his own, to come before the
,,nmittee on this subject. Judge Ter
Nh was out Of town and did not receive
~ Invitation. Judge Reagan was on
hrd He promptly and with much
\ ,l,asure Endorsed the bill and was in
i,ycr Of letting those who had threat
/ med to leave the State If 1t should pass
uek their trunks and depart For one.
however, he was Of the opinion that
heir threats were mostly bluffs; but
should they be made good he anticipated
DO such disturbances in business as it
vas predicted would follow. Others
would come in to take the places Of
bose that would leave, and besides,
there was available capital enough in the
State to organize companies to supply
such aids to commerce as 1t might tenn
prarily lose should it assert its ihde-
pndence Of trusts. Things had come
10 pretty pass. he thought, when tie
people Of Texas dare not legislate against
combines without being threatened with
lire calamity or having the prospect OF
Immediate business paralysis conjured
| W to intimidate them. He thought 1t
Might be wise, however. should the bill
rss. not to give 1t effect before next
January. SO that business affairs might
| b adjusted to the changed conditions
t would bring about
At The CLOSE OF Judge Reagan's re-
naks, no one else appearing to sp ak
% elther side, the discussion was de-
cared closed and the COMMITTEES pro-
rssted to ponder over the complexion OF
iM report 1t should maze. There were
present Messrs. Potter. Lloyd, Thrney
and Terrell, the fifth member INT. Di-
trsl) being absent. Messrs. Lloyd and
Terrell announced ready to report in ia
'or OF passing the bill without amend.
nent Mr.. Turney was of the opinion
nh combines entered into outside the
Sa'e could not be denounced provided
AN did not contemplate executing
Weements in the State. and announced
nA ne would offer an amendment en-
cnylng his ideas in the premises, but
un II said amendment was defeated he
"ald vote for the bill intact Mr. Pot
W was Inclined to agree with Mr.. Tur-
Wy out was willing to recommend the
passage Of the bill as offered. After q
wei discussion the committee rose, with
we understanding that favorable re-
wi on the bill would be sent In.
hiLE THE SPECIAL SENATE CON-
"'iEE was acting as above reported
'%'s judiciary committee No. was
ny mastering the bill in the other end
\ ne capitol. Mr.. Garden was heard
uVn along the same lines as he had
pken to the senate committee in the
'"slloon, after which a motion was
a'as 70 report the bill favorably witt
vo5tsn.
anend by adding to section the fol-
s.ms proviso: Provided, that the
4. ~ and provisions of this act and %
~ nIoavit aforesaid shall be construed
ppy only to such pools, trusts, con-
~. agreements, combinations, con-
,is..ss0aIlons, understandings or sssocia.
n. ~ y are intended. calculated or have
sneet to accomplish in the State o.
ia .ne several objects herein prohib
y IN transactions with resident;
q s,.aes Of the State of Texas, wheth'
,n.s ~n pools, trusts. contracts, agree
is,,.ss, combinations. considerations, I'M
ss,.auinss or associations are created
a nv INTO or made inside or outside
ssr,as s state, and whether they In termi
lmy apply 70 this State or not,
IN ~. by adding to section ! of tn bill
M "owlng; Provided, that nothins
n srs s act shall be construed 10 preven
lo, ssaisn the lawful organization of Ia.
,irln. or the purpose of fixing or main
Tug any standard OF wages"
avlloN WAS ADOPTED by a yot,
s,s. 49," Mr., Staples. who voted in th'
M N stated that he favored the bill
iaeor amendment attached bu
ID Inc other and said he woul!
- a report to that effect. Messrs
aud Masterson, who also votet
NJ. minority, did not think the mail
~ amendment broad enough AM
M 'hey wanted o specific de
,s,,as we part Of the State of any in
.t.I, % exclude companies for having
r.., = It's boundaries, entered int
81, ps which were not intended t.
an,. transactions within said boun
a., "a this connection 1t is in orde
hi II. 'ua' the following amendment
III ~ representatives OF the insur
n, ~ 4panies said would, in ther eyes