New-York tribune., 1903-01-21
SENATE TRUST BILLS
T5cO Nee Ones to 4ppear-Three
Committees Seeking Credit.
TBY TELEGRAPH TO THE TR1BUNE.I


Washington, Jan. 20.-Two new antitrust
bills viii appear in the Senate at early date,
and. according to an agreement reached be
tween the leaders Of the Senate. three commit
tees Of the upper house are to divide the glory
Of antitrust legislation. 1t was further deter
mined to-day that unless some new develop
rnents materially change the status of the State
hood bin at an early date, it may be we'll to pro-
pose to Senator Quay compromise measure,
which it is believed would be promptly accepted,
and which would clear the way for more impor-
tant legislation. If Senator Quay and his sup
porters refuse TO accept d compromise, however,
there is d likelihood that every effort will be
concentrated on antitrust legislation, even to
the exclusion of the Cuban treaty. The promo
ters Of the latter plan urge that this course
would obviate a special session of Congress, and
the treaty could be ratified at brief special
SESSION of the Senate
Ever since the Senate decided to enact anti
trust legislation at this session there has eH-
listed d desire the part Of Senators not mem
bers Of the judiciary Committee TO snare IN the
credit which il is expected viii attach TO such
enactment When Senator Hoars bilL contain
ing provisions affecting interstate commerce,
was referred to The Judiciary Committee con-
hdential but emphatic protest was registered by
Senator Elkins. the chairman, and other MEM
bers OF the Committee on Interstate Commerce
Following up their protest, that committee re
Gently held executive session, at when the
recommends tfOnS of the Attorney General were
carefully reviewed, and d Subcommittee, with
Senator Clapp as chairman was appointed TO
draft d ball embOdying Mr.. knoxs suggestions
in 50 far as they affected interstate commerce
This committee has been working energetlcally
along those lines, and the Senate is destined to
be SURPRISED in the future with an anu
trust bill brought in by Senator Elkinss COM
Inittee no mention of which has heretofore ap-
peared in print.
Learning of the intentions of the Interstate
Commerce Committee the subcommittee ap-
pointed by Senator Hoar, chairman OF the Ju-
dietary Committee, for the purpose OF framing
an antitrust bill determined not to be out
done and as a consequence the plan TO await
Il measure from the House has been abandoned
and Senator Fairbanks is burning the midnight
oil in his endeavor to draft a competent anti
trust measure.
Members Of the Commerce Committee, Of
which Senator Frye is chairman, also declded
that they ought to contribute their share TO the
merry war on trusts, and accordingly. When the
House substitute for the Senate bill establishing
a Department Of Commerce and Labor came
over TO the Senate yesterday. ii was referred TO
the Commerce Committee instead Of to confer
that committee viii amend the measure by de-
hning the duties and powers Of the Bureau OF
Corporations.
FEATURES OF The BILLS.
In view Of the general desire To take part in
,nti-trust legislation the Committee on the Or
'er OF Business came to a realization of the
-cessity for some definite programme to pre-
mt conflict Of Jurisdiction and bring order out
chaos II has now been determined that the
prnrerce Committee will amend the De-
rtment Of Commerce and Labor bin as TO full
in so far as is deemed judicious. the Attor-
Generals recommendation for a commission
exercise Jurisdiction over corporation doing