Daily capital journal. (Salem, Oregon) 1903-1919, 1907-10-22


clergymen, attorneys, educators and
bankers.
Being held at time when the en-
tire country Is aroused in regard 10
the control OF trusts and the many
problems arising from the enforce
ment of the Sherman antitrust law
and the amended interstate COM
merce act, the conference is likely
to have notable and far-reaching
effect in giving direction to public
sentiment.
Tomorrow the delegates 70 the
conference will devote TO consider
alton of the corporation problem en-
braced In the following questions.
How should corporation be con-
structed? Should there be national
corporations, as we'll as state' What
should he the basis OF capitalization
of corporations? The methods OF
their internal control? What pro-
visions should be made looking 10
the protection OF investors and 9TH
er stockholders? Should there be
n distinction between public service
and other corporations? Should
quasi public utilities, like gas, elec-
trio lighting and street railways, be
considered natural monopolies, 10 be
regulated by the municipal govern
ment?
Thursdays and Fridays sessions
will be given up 10 a discussion OF
various phases OF the general topic,
including the just and practicable
limit OF restriction and regulation,
both federal and state. OF combina-
tions I'm production, distribution,
TRANSPORTATION and labor, and the
question: Shall the Sherman anti
trust law be amended, and IL so. In
what manner? Tariff and free trade in
relation 10 trusts will likely furnish
a spirited debate. The relation OF
labor unions and farmers organiza-
tions 10 trusts will be considered at
length from all standpoints The
alleged covert attempt 10 muzzle the
freedom Of the nre7s by raising the
price of white Daper TO point where
profitable publication OF newspapers
will soon be rendered impossible will
be discussed by officials and members
of the American Newspaper Publish
ers' association. President ]. A.
Everitt, OF the American Society Of
Equity. Is on the program for an
address on the bearing OF trusts on
the production and sale OF farm
products.
New York, the home OF nearly all
the great trusts OF the country, IL
represented by an especially distin-
guished delegation, which has estab-
llshed headquarters al the Auditor-
ium Annex. Among the metropoli-
tan Representatives are ex-Mayor
Seth Low, DR.. Albert Shaw. editor
OF the American Review Of Reviews;
Herman Ridder. manager OF the
Staats-Zeitung; Hamilton Holt, Jas.
b. Reynolds. w. j, Schieffelin, rep
resenting the chamber Of commerce,
and Marcus NJ Marks. OF the con-
Iciliation committee of the American
Civic federation.
Among those who have prominent
lly identified themselves with the
conference and whose labors were
largely instrumental in bringing II
about are President Niehlas Murray
Butler, OF Columbia university, who
acted as chairman Of the committee
Of arrangement; Samuel Gompers,
90 the American Federation Of La
Dor; n. j. Baehelder. OF the Nation
al Grange: Andrew Carnegie, August
Belmont, Archbishop Ireland, Ga
ence II. Maekey, John Mitchell, Of
the United Mine Workers; Grand
Master p. II. MOrrissey. OF the rail-
road trainmen: Grand Chief W. ).
Stone, OF the locomotive engineers;
President Judson. of the University
! OF Chicago: Charles g. Dawes, ex-
comptroller Of the currency, and ID.
r. Forgan. president OF the Mer-
chants Association OF Chicago.
ID is likely that the subject OF the
IS2s,24O,OOO fine imposed by Judge
Lands on the Standard OIL company
will become a subject for discussion
' at future sessions OF the conference.