Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1903-01-07
Notable Speech by Senator Hoar
on His Bill Regulating
The Trusts.
SENATOR VEST ON DINCLEy LAW
Listened to With Breathless Silence
as He Talked of Protected Indus
tries--House Passes Bill for crea.
ton of General staff for Army.

Washington, Jan. THE day In the
senate was eyentful because of nota-
BILE speech by Senator Hoar on his
bill regulating trusts and an attack by
Senator Vest on protected industries
through the operation of the Dingley
law. Senator Hoar's utterances were
listened to with marked attention. He
said that nearly all thoughtful men in
this country are agreed that some leg
islation, state or national, ought to be
had for the regulation and control u
what are called trusts, and of large
masses of capital accumulated by cor
porations or artificial persons holding
property and conducting business
without individual liability. There
was, he said, a general feeling of in
security and alarm about the matter,
and we were dealing with real peril.
and not with a fancied or imaginary
danger. He argued that If his bill
should become law and prove effective
no corporation engaging in the COM
MERGE which is within the juris.
diction of congress can keep itsoon-
dition a secret. The bill, he SAID de-
ponds for its validity on the constitu-
tional power of congress to regulate
international and interstate com
merce. Should thu bill not prove ef-
fectual he contended that it would be
easy to extend it's operation by impos-
ing like personal liability on every
stakeholder.
Breathless Silence.
Senator Vest used as text for his
remarks his resolution, introduced
Monday, instructing the finance COM
mittee to prepare and report bill re-
moving the duty on coal. Feeble in the
extreme and supporting himself on his
desk, he called attention to the condi-
ton of distress which had arisen as a
result of the shortage in the coal sup
ply. There was breathless silence
il the chamber as he spoke and every
senator on the floor turned in his d.
rection in order to catch his words.
He said that the question was no
longer partisan one, but one of hi
mainly, and that we are not on the
verge Of crisis, but actually in It.
He charged the Republican senators
with being silent and dumb to the
state of affairs. having only in mind
the party cry, stand pat" He char
acterized the Dingley tariff act as a
sacred elephant" with which moth
ing was to be done. He sarcastically
remarked that if the whole question
was one of raising money for the next
presidential campaign that was the
end of the discussion.
Mr.. Aldrich took exception to some
Of Mr.. Vests statements, and at his
request the resolution went over till
today, when Mr.. Aldrich will make
reply.
At 1920 the senate adjourned, after
a brief executive session.
In the House.
The house yesterday passed the bill
for the creation of general staff for
the army by vote of 1853 to So.
After the general staff bill had been
disposed of six members in success
sion, Messrs. Cooper (Wis.), Lamb
(Va), Morrell (Pa), Burk (Pa), Cas-
sci (Pa) and Adams pa, arose AMI
denied published reports to the effect
that they had joined with other men,
bers to pool their clerical work.
Bills were passed to increase the
pension of soldiers totally deaf from
$50 to $40 per month; to fix the times
for holding United States court IN
Utah; to provide additional punish
ment for persons twice convicted Of
counterfeiting; to change the boun-
daries of the southern and central ju.
dicial divisions of Indian territory.
and to authorize Washington and
Westmoreland counties, Pa, to con.
struct bridge across the Mononga-
hela river.
At $3.50 the house adjourned.