The Barre daily times. (Barre, Vt.) 1897-1959, 1907-10-26
FOR FEDERAL
TRUST CONTROL
This Demanded by the Chi
cago Conference
ASK FOR NEW LAW
Would Have the Sherman Law Made
StronEer-This Il In Line With
Suggestions Of President
Roosevelt

Chicago, Oct. Immediate general
legislation BY Congress that win give
the federal government fnll powcrs 70
regulate trusts and corporations was
recommended yesterday BY the commit.
tee on resolutions at the National Civic
Fedcrauon's trust conference. The 70.
port Of the committee was adopted, and
L is expected such pressure will be ex.
erted upon Congress that law will be
passed which win possess features that
the sherman antitrust law now lacks.
Il Is insisted BY the committee that the
act viii curb combinations, but Al the
same time conserve their rights and re.
store confidence TO the commercial and
railroad interests. The report provides
also for immediate legislation following
the recommendation Of President Roose.
welt and the interstate commerce com.
mission, permitting agreements between
railroad corporations on reasonable
freight and passenger rates, subject 10
the approval and supervision OF the In.
tefstate commerce commission. The
committee believes great good has 70.
suited from the enforcement Of the Shor.
man act under the administrations OF
presidents Harrison, Cleveland. McKin.
ley and Roosevelt, but that the time
now has arrived for new and more far
reaching legislation that viii accomplish
al that the sherman act has failed to
do under changed conditions. Consider
able il said about changed conditions"
So the committee recommended that
Congress, without delay" pass fegisla-
tion providing for non.partisan com.
mission-such AZ wns organized IN Ger
many in ls70-to consider the entire
subject OF general law that win pre-.
serve the individual, initiative, COMPETE
tive, and the FREQ contracts Of all indus
trial relations.
The new law, as suggested by the com
mittec, and adopted by the conference,
win legally authorize among other
things,
National and local labor organizations,
providing public order and personal and
rights are preserved.
Farmers organizations, under direc. |
tion OF the department Of agriculture |
for the purpose Of securing stable and |
equitable markets for the products Of |
the soil, free from fluctuations caused
BY speculation.
Necessary legislative regulation, pro-
viding no such regulation interviews with
= Tree market IN all articles Of necessary
and general use.
National incorporation or license OF
Interstate railway systems, the commit.
tee believes, should be made possible
under general law.
The committee 30 recommends, with
the further suggestion that in time the
federal incorporation of railroads on the
general lines Of the national bank act
must become obligatory.
The committee recommends also that
he powers of examination and super.
vision Of the department Of commerce
hall be enlarged aud that the bureau
II corporations require complete pu-
olieity in accounts, operation, freight
'ates, selling contracts and other details
# railroad management,
The resolutions were adopted as read,
lfter which the conference adjourned
line die.
Yesterdays sessions were given over
o five-minute talks by business men
Who discussed the various topics intro
Iuced by speakers during the last three
lays.