Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-11-14
THE COMING SESSION.

Congress will meet In regular sss.
sion Va about three weeks. The pres
ident. IL IL said. already has his mss-
sage completely outlined in his mind
Washington reports, cunning through
lreliable sources. tell us that II is u
DE an extraordinary document OF the
Ikind-not "freaky" in any respect,
bne extra ordinary because of The vast
.afnount of important and unusual
work that II VIII cut out for congress-.
II Is said, in short, that the president
has mapped out q program of leg
islation more extensive and ambitious
than anything Mr.. Roosevelt ever at
| Roosevelt tried TO secure in all the
time he was president. Hut president
ITaft II going to ask congress to give
him the whole batch at one session
Most OF the bills he proposes to have
introduced affect corporations in one
way or another, and the most import
ant OF them promise to arouse full.
~ much opposition as anything deVol-
oped In the fight over the rate bin
three years ago.
Mr.. Taft win propose to congress
important legislation upon mt least ten
subjects. Several OF these matters are
closely allied, and the effort probably
viii be made 20 deal with them in n
An n,tt .aTi, 10 "a ,nuttAr hN ifeAlf
which viii provide discussion and
arouse opposition In congress. and the
prospect liz for a long and acrlmonl.
Gus session. The chief subjects on
which the president win recommend
legislation are.
/. The supervision Of the issue %
stocks and bonds by interstate corpor.
atoms.
.. Recruitment Of the duties and
powers of the Interstate Commerce
Commission.
3 Expansion of the duties Of the
Bureau Of Corporations.
4. Creation of a new bureau. De-
partment of Justice, TO deal with vio-
itAlbllE VI INV ny I
g. The establishments Of a so-ealied
Railroad Court"
6 Amendment Of the sherman an
Il trust law.
:. The creation of a postal savings
bank.
s. Ship subsidies.
Q Amendment OF the procedure re-
garding the granting of iniunctions.
10. Conservation of natural ro-
sources.
II If apparent from this, says q
Washington correspondent, that the
control Of corporations Is bound to
be- the uppermost subject of the scs-
sion. and that Is exactly what the
alton tax was under discussion during
the fight over the tariff bill at the
session the precedent referred
to II ~ the FIRST step In the regula'
ton of corporations. At that time he
let II be known that he considered the
proposed bin 10 control the issue Of
ana bonds by interstate corpor-
AZ the next step
II Is worth while 10 point out. how
ever. TO the friends Of corporations
who are already beginning to quake
over the winter prospect that although
Tart il determined TO no ahead
In his declared purpose OF "%ciinching
the Roosevelt policies" which was
one Of the most frequent promises Of
his campaign for the presidency, |
Is far from being nm enemy sfl
he IL far from being an enemy of
the corporations.
The presidents chief difficulty, In
fact. In pleasing the extremists of both
of his party has been IN the fact
he would not go as far as either
side wants him to so, He has always
been for the regulation OF corpora
tons. which the radicals insist upon.
but he wants It with the least dis
urbance" and with the greatest pos
'ihle regard FOR the rights Of privatel
property"
Moreover. he is firmly a believer in
he advantages of the corporate form
II enterprise. He really desires to
the corporations, but az the
amo time he intends to compel them
II to submit to what he regards as a
and legitimate measure OF
oNernmTntul 9uperNisiOn and central |