The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1908-03-26

followed by the conviction Of their
officials and also those of large in
dustrial corporations, for utter dis
regard of the laws of the Nation and
the State.
When these things are considered
no one can express surprise that the
confidence of the people should bel
shaken.
To you, Mr.. President, we accord
the credit due for compelling re-
spect of the law by the great and
small alike
Then the address to the President
combined praise for his past course
with an appeal for his future action,
as follows:
we believe that your work toward
business morality will be remember
ed as a milestone. not only in the
development of this country's bust
mess morals but as milestone in
the progress OF the world.
We believe the business integrity
of the average merchant in this
country is of a higher standard than
in any other; we therefore appre-
ciate and commend all the more your
fearless activity which has resulted.
in raising the standard, and we
realize that no greater service has
ever been rendered our country.
| No great good has ever been ac-
cohplished in any times without
some suffering in consequence, but
we now urge you to consider with
extreme patience the unusual condi-
lions that prevail, and, while aband-
oning no expressed principle to adj
Just your executive actions to the re.
quirements of this period OF business
timidity.
| We ask you. Mr.. President, to in
dictate to the Congress the corrective
measures you deem it necessary to
take. We believe that the first step
towards resumption of normal bust
ness conditions can be taken by tho
Congress in response to explicit
recommendations by the Executive.
Secretary Loeb in his statement.
after giving the foregoing. says:
"A subcommittee, consisting of
Messrs. Hall, Wacker, Smith and
Topping, called on the President al
the executive Office, and they were
Informed by the President that he
would probably communicate to Con-
gress this week explicit recommends
tions concerning the legislation need,
ed"
The President Senator Aldrich AMI
Representatives Payne. of New York,
Dalzell, of Pennsylvania, and Hep
burn, of Iowa, participated in the
conference. The chief subject consid-
ered'was tariff revision, but there will
be other conferences at which 9TH
er questions will be. taken UP in de-
tail
| An agreement was reached between
the President and the leaders of the
House and Senate in favor of a dec
laration for revision of the tariff
at special session to be held after
March 4. 1909.
1t was decided that the best man
ner in which to prepare for the legis-
lation is to have investigations con.
Quoted by the Ways and Means Com
mittee of the House and the Finance
Committee of the Senate These in
lvestisations will not be in the form OF
hearings, but experts will be called
in to assist the committee in prepar-
ing data. The plan is opposed to the
appointment of tariff commission,
such as is proposed in the Beveridge
and LaFollette bills.
The amendments suggested to the
Sherman antitrust law were discuss
ed briefly,
The President said that billl
would be presented providing for the
legalizing of traffic agreements be-
tween. railroads. He called attention
to the fact that labor organizations
had been expected to agree to such
iOT a pTONlSiOUl
exemptine them from the operations
of the law.
The legislators present were not
ready to assent to the demands made
by labor in their bill of grievances
recently submitted to Congress, and
on that account urged that it would
be inadvisable to attempt any revision
of the Sherman anti-trust law at this
time
1t is said that the President, while
not actually rejecting It. was not sup
posed to agree with the advice given
him. He declared that It was but
Justice to the railroads to permit
traffic agreements under proper re-
strictions and control by the Inter
State Commerce Commission. and
said that no interests would be injur-
ed by such legislation, He was not
impressed by the statement made to
him that tabor would regard this al