New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-08-22
COMMERCE md TRUST
LIN CHANGE DISCUSSED.
WocT eagh NeHer and Wickershars
tn Continue Conference Today
T6nfatiJe Draft Receired

ney General Wickersham presented 70 the p-esi-
dent tentative draft Of several Of the proposed
changes, which Mr. Taft. IN part. approved The
conference is 70 be resumed tomorrow after
noon. when The President win have NOR. sus-
gestions 70 Offer after more careful considera~
tion Of the subject matters presented hy .hs
Attorney General
The Cabinet conference was attended by ths
Secretary of the Treasury. Mr.. Macveash: th.
Secretary OF the Navy, Mr.. Meyer, and Attor-
nov General Ntckersham II was by FAR tA~
most important event Of the President, stay IN
Beverly. Heretofore the President has held Rte
conferences with callers on the broad vsrandA
of his cottage. To-dsy's gathering, which as
sumed the dignity Of regular Cabinet session.
was III the library. behind closed doors,
When the conference had been adjourned un-
I'll Tomorrow President Taft announced that
definite conclusions had been reached on any
one of the several matters under decision The
final framing of the amendments 70 the int.v-
state comerce and antitrust laws will be lstt
4 commission designated bv the President and
consisting of Attorney General wickersharr
Secretary NageI of the Department OF Com
merce and Labor, Solicitor General Bowers.
Representative Townsend. Of Michigan and
Messrs. Knapp and Prouty of the Inter.tatA
Commerce Commission The Attorney General
will take TO the commission. which is 10 meet
in New York. August 90 a definite statsrnsa.
WlSheS
win form the main feature of his forthcoming
message 10 Congress. The report of his ad-
visors will not be ready for the President until
his return from his long Western and Southern
trip in November.
Nh Taft declared Tonight that as a result Of
the report made by the Attorney General H..
was convinced that rho amendments deemed
necessary TO the Interstate Commerce, law would
be simple matters to deal with The bringing
partments concerned IN the enforcement of the
Interstate Commerce and antitrust laws. Nc
said could also he readily accomplished I'm
fact. Mr. Wickersham has already outlined .
| plan which undoubtedly will meet with the ar-
| provaI both Of the President and the law COM
mission
The proposed amendments the anti tryss
| law offer greater difficulties. and IT wa. with
| regard 10 this law that large proportien OF
| the conference to-day was devoted .s
one OF the subjects tentatively disposed OF 20
| day was amendment 70 the Interstate com
merce act looking 10 a proper federal supervision
and restriction t. prevent excessivs issues of
bonds and stocks by companies owning and
| operating interstate commerce railways. The
| remedy for this the President said. was simple
and. he sure. would he effective
To-day's conference and that of tomorrow
| are really but preliminary To the work of the
to be taken up by tbs commission we're freely
| discussed and Attorney General wickershan
| sought the Presidents view of the amendments
| on which he has been working for the Isst
three four weeks.
To RELIEVE COMMERCE. BOARD
| one of the plans approved by the President -
designed to relieve the Interstate Con,nercs
| Commission OF much Of the work that IS nou
heaped it. u is intended that hereafter IN
vestigations into violations of the intsr.tat.
commerce law from which prosecution may
suit shall be conducted directly, either by the
I Department Of Justice or by the bureau of cor
porations in the Department Of Commerce and
| Labor. instead Of now, by The Inter.tat-
Commerce Commission. 1t is believed thar such
a plan will be better for the railroads and for
the people. and at the same time that IL viii
remove from the Interstate Commerce Com
| mission any criticism that it's action with r--
gard to criminal might influence It's ac-
tion respecting freight rates
The President desires a reorganization OF th.
duties Of the Department of Justice. the Int---
state Commerce Commission and the Bureau ot
Corporations, looking 70 the effective co-opers-
| ton of these agencies.
The day taken a whole was as busy a.
any President Taft ever spent IN Washington
He had several callers. in addition TO the r,e.--
bers of his Cabinet and took up other rnatte,s
than the amendment OF the Interstate Cor1rnercs
Commission and antitrust laws
Secretary Macveagh laid before the Presidens
a list of forty candidates for appointment on
the tariff commission authorized by the Payne
bill The Secretary aid &c had been unabla
as YET 70 make selection Of any one cS the
candidates. and asked for more time. There 4.
some talk now that the commission will be Inn
tied 70 three members IN any case IL is not be-
ieved that it win go above FIVE Mr. Macyeash
VIII take the matter up again with the President
later and the members Of the commission win
BE- announced beforo Ny Taft leaves Beverly in
September.
INTERVIEW WITH CHARLES r CRANE
The President this afternoon had an extended
interview with Charles r Crane, the newly sp-
ponted Minister 70 China and sent him away
on his mission with ;l-s-a age OF good will 20
the Chinese peonIe Mr.. Crane VIII sail for hi.
most an October 8. but took his formal farewell
of The President to-day
Mr. Taft outlined generally 20 The new min
ister the policy Of the United states toward
China during the present administration. The
President declared that he stands where he has
always stood ju lire with the announced policy
IT the United states. in favor Of the open door
The United states also stands. he told Afr.
crane. for "a square deaf toward China. and
always viii insist it.
Ettore Nrmines. the Italian sculptor who was
introduced % the President hy the italian AM
bassador az Washington. called az H. cottage
statuette Of the President, who posed for Ny
Ximenes az the White House The H,.l. statue
is about eighteen inches m height. and Is full
length representation.
Tho President played golf az Myopis this
morning with Colonel Frederick v : s,rosDV