Morris tribune., 1908-04-04

O1uu1SSIOuCI l. u 1
common carriers and the bureau of
corporations for all others-that is, all
the law abiding trusts are to have the
q I'ortunity of proving themselves
h. and the others are to be prose-
cst1Hd Also immunity is to be granted
a'rr one year from the passage of the
to all those duly registered-that is,
Immunity from prosecution for acts
united before the passage of the
The object is to give corpora
S which may have been irregular
:, lance to reform, using moral sua-
s i rather than force in the first in
st@nre. The commissioner Of corpora
tiu"s will have the right to decide
viii are the good and which the bad
tr,s and the president will have au-
the: Y to prescribe the information re-
qu,:el. One other important feature
OF &c hill is exemption Of labor unions,
g.'a:.':::>. ETC., from the operation of
the antitrust law and expressly con-
feil'j: z the right to organize and to
stli3 = But the right to carry on
boyt is not recognized.
la Toilette Boils Down List.
Senator La Toilette finished his three
day speech against the Aldrich bill aft
er having been interrupted two differ
ent Gays by the deaths of Senators
Whyte and Bryan. Again, as before,
the galleries were packed with specta-
tors and the attendance on the Demo
crai side was good. but many Of the
Republicans studiously remained away
from the chamber. Referring to his
prev ious statement that the industries
OF the country were controlled by less
than 100 men, he denied the published
char: Z that it was sensational and said
he hi been too conservative. In fact,
he u serted. much smaller number
actually were the rulers comprising
the Standard Oil-Morgan group. He
Is" I'd this was composed of fourteen
nv'n and gave their names. These
'''p" ial interests" he said, were en-
croa hing on public rights in every
section of the country and that the
"'syslr'''" knows no party, for sit is
supp wing government" He urged
thai lie Aldrich bill would only
strens then this money power.
8enat. Passes Aldrich Bill. ,-s,
The Aldrich financial bill to provide
for an emergency issue of taxed cur
rencv notes in time Of money stringen-
cy was passed by the senate March q
by ~ yeas to 16 nays. In substance it
authorizes national banks to issue such
notes on depositing collateral of United
States or state bonds or the bonds of
certain described counties and munic-
qualities. these notes to be subject to
a progressive tax which will compel
the banks to withdraw the notes from
circulation when the emergency has
passed. Before the final vote Senator
Teller, acting for Senator Bailey. who
was abse-,, proposed the Democratic
substitute for the bill and when this
was voted down offered as an amend
ment the salient feature of the Bailey
bill, which provided that the govern
ment and not the banks should issue
the emergency currency. Both bill and
amendment were defeated by strict
party votes. La Toilette and all the
Republican radicals voting with their
political associates.
Minority Prods the House.
Following the announcement that the
Republican leaders in congress had
found basis of agreement with the
president for a legislative programme
and in advance of the presidents mes
sage. Leader Williams of the house
minority gave notice that henceforth
he and his followers would obstruct
all business by unanimous consent
with a view to forcing the hand of the
Republicans. He said he had waited
like Democratic lamb for the slaugh-
ter" waiting for the majority to do
something. and had come to the con.