Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1909-03-02
STEEL MERGER
WAS ILLEGAL
Senate Committee
Finds Against
President
SHIP SUBSIDY TAKEN UP
Debate in House Limited to
Four Hours and a
Half.

Is commonly known as the ship sub
sidy bill was taken up in the House
today, An understanding was reached
for four hours and half for debate,
after which a vote will be taken.
Overstreet OF Indiana, in charge of
the BILL explained it, and was fol-
lowed by Lands of Indiana, who made
an earnest plea for its passage.
Majority Of Committee Against
Roosevelt.
= Washington, d, c., March 2.--Seven
members of the Committee on Judic-
AIRY signed report declaring that
President Roosevelt was without au-
thority of law when he sanctioned the
absorption of the Tennessee Coal and
Iron company by the United States
Steel Corporation and that the merger
was in violation of the Sherman anti
trust law. Two of the majority of the
committee, however, attached certain
, individual views which to a degree
minimize the effect of the declaration
Chairman Clark today reported di
greement in committee and soon
erwards Senator Culberron prese
he views of the seven mer
These were signed by Nelson. Kilt.
ridge. Foraker (Repubicans). Culber-
son. Bacon. Rayner and Overman
(Democrats) In his personal view
. expressed, Nelson thinks the president
may have been msled or duped bv
the officials of the Steel Corporation.
Messrs, Frick and Gary, who urged
upon him the necessity of permitting
the Steel Corporation to buy the Ten.
nessee concern in order f. save
business institution of New York dur.
1 Ing the panicky days Of 1907 Cul.
person takes the stand that the ma
lorlty of the committee having re.
ported the merger illegal there should
De melting ont of Justice against the
steer Corporation by dissolving it.
foraker maintains that the important
question is whether the president is
authorized to permit the merger. He
reefs the corporation should not he
condemned for asking his advice
Colorado-New Mexico Boundary Dis.
pute.
Washington, D. c., March when
the House convened today. Represen-
ta'lVe Haggott of Colorado, was
granted unanimous consent to replv
10 the attack of his Republican col.
leSaue. Representative Cook. yestar-
oay' on President Roosevelt for veto
ing the bill changing the boundary
line between Colorado and New Mex
lco. He asserted that in vetoing the
Dill, the president merely was pre-
venting Congress from attempting to
40 that which it had no right to do.
He said Cook was mistaken about
: only one postotiice being affected, and
presented letters from the postmaster
general to prove his contention. Re-
a publican Floor Leader Payne wearied
, of the discussion and after his pro-
test against Haggott continuing, the
latter concluded to print his further
remarks.
New Mexico Wins Out.
Washington, d. c., March 2,-~presi-
dent Roosevelt has vetoed the bill CIV
ing Colorado a slice of northern New
Mexico, under the pretext of deter
mining the boundary between the two
> commonwealth. The important set
tlement of Edith will therefore stay
in Rio Arriba county instead Of being
re-ceded to Colorado in which state it
was considered to be situated UP to
a few years ago.