New-York tribune., 1903-01-30
CORPORATION BUREAU.
The Proposed 4ddition to the De-
D0rtWeat of Commerce.

Washington Jan 29-The Senate Committee on
Commerce to-day heard the report of the sub-coni-
mittee appointed to analyze the Departments VI
Commerce bill as It passed the House. and make
suggestions as to what if any. amendments snouid
be made to the measure but decided 10 report 'iie
bill back to the Senate without amendments, anu
ask for a conference With the House. Accoi uiisis
after the Senate met the bill was thus repoi'eu ~
Senator Hanna and the Senate ordered CONFER
ence, with Senators Hanna Nelson anu Si'S 90
conferrees the part or the SENATE
The Senators appointed have acted as the SUI
committee and their efforts will be directed toward
securing amendments along the line recomhleiueo
by the subcommittee. The principal amendments
relate TO the provisions authorizing the Fresioehe
70 transfer the Interstate Commerce Commission
10 the proposed department and the proVsiuii .oi
a Bureau of Corporations inserted by the hou'e
The trust provision constitutes SECTION Oh Tue
House bill, and the Senate committee VIII ASK ioi
a modification of that provision, which VIII oifec1
the CORPORATION Bureau secure all ootalliaple
information concerning corporations ana winch VIZ
authorize the publicity of such informatloH a' ''
discretion of the President. - .
The committee also adheres to tslopposilion "
the inclusion of the Interstate Commerce eoiiiiiaS
sion in the department.
The text of the proposed trust amendmehe ioi
lows
Section s-That there shall in the Department men + N
Bureau of Corporations. and Commissioner o. OF
Corporations who shall be the head 9l saw SAT- % sal
ary Of & M, per annum There shall also be in
said bureau deputy commissioner. who Shali IH
in the absence of the Commissioner, af Carnora m
perform the duties of the Commissioner OF Soi
tons and who shall also perform such ots! ~
as may be assigned to him by the SecreLai -
Commerce and Labor by the said CoHmisssioiiIeI
There shall also be in the said bureau a cnien iaes
and such special agents clerks ana oIei oiip'''
The said Commissioner shall have power anu au
hority TO make, under the direction OF the secLs
tary of Commerce and Labor dgent lt of
into the organization, conduct and "
the business of any corporation, joint stock com
pany corporate combination engaged III CGin
among the several states ana Win ~ .e -.
nations except common carriers subject 10 an
Regulate Commerce. approved fepIualS =, Io3i lS
and TO gather such information and DATA as WI VIII
recommends tionS Congress for eSlSatloh Ioi tIe
regulation of such commerce and TO report tH sucu
require; and the information so Obtained or aS
much thereof as the President may drect' shai pe
made public .t: .oo4;o,,
the said Commissioners shall have and exercise the
power and authority in respect. 10 corpoi1-
tions Joint stock companies and combinations SUD
Interstate Commerce Commission in said Act TO
Regulate Commerce and the amendments thereto
may be appicab including the right to subpoena
and compel the attendance and testimony OF WIZ
nesses and production of documentary evidence
obligations liabilities and immunities imposed or
conferred by said Act to Regulate Commerce and
by Act in Relation to Testimony oefore me
February II. 1893. supplemental to said ACT 10
Regulate Commerce.. shall also apply to ali persons
who may be subppnaed to TESTIFY as Witnesses OF OF
produce documentary evidence IN pursuance oh
the authority conferred by this section
The Department of Commerce bill was sent to
conference by the House. and Messrs. Hepburn
Mann and Richardson, of Alabama were appointed
ConfeTreeS.