The searchlight. [volume] (Culbertson, Mont.) 1902-current, 1910-01-14

alternating. and other practice: Of In
of congress. and ~ recommended In this
communication. ] see no reason Way
the act. specifyins the cisssiiications Of
for transportation OF passengers and
iish' .houid not Be- PERMITTED. provided.
copies OF such agreements be promptly
filed with the commission. but subject to
merce act. and subject to the right OF
any parties to such agreement TO cancer
Il as to all or any Of The agreed rates,
days. notice in writing to the other par
ties and to the commission"
Other Amendments Urged.
In accord with other declaration II the
Republican platform OF 1865. the president
further recommends that the Interstate
commerce law be amended so as to pro.
vide that no railroad company subject
TO the commerce act shall. directly or In
kind in capital stock. or purchase or
lease any railroad. or any other CORPORA
ton which completes with II respecting
merce act applies: that law be enact
ed providing that no railroad corpora
ton subject to the interstate COMMERCE
act shall hereafter for any purpose con-
nected with or relating to any part OF It's
business governed by said act, issue any
capital stock without previous or stimuli
the par value of such stock. or any bonds
or other obligations except notes matnr-
ing not more than one year from the
date of their issuel. without the preSi-
Gus or simultaneous payment TO such cor
poration of not less than the par value
Of such bonds. or other obligations. OF.
IL issued at less than their par value.
then not without such payment OF the
reasonable market value Of such BONDS
or obligations as ascertained oy tne IN.
terstate commerce commission: and that
no property. service. or other thing than
money. shall be taken in payment to such
carrier CORPORATION Of the par n,s Or !, o o,s
er obligation. except the fair value OF
such property. services or other thing as
certained by the commission.
Would Prevent Wrong Practices.
The president continues:
| II believe these suggested modtncatons
| In and amendments to the Interstate com.
| merce act would make II complete ana
| effective measure for securing reasonable
ness Of rates and fairness OF practices In
| the operation of interstate railroad lines.
| without undue preference TO any indiVidu-
! al or class over any others.
by my direction the attorney general
| has drafted bill to carry out these
recommendations. which will DO FUR
nished upon request TO the appropriate
| committee whenever IL may be desired.
..ln addition to the foregoing amend
ments OF the Interstate commerce law,
the interstate commerce sommi sssr,
| Ing. to determine upon the uniform con,
struction of these appliances.such as Sill
boards and hand brakes on freight cars
| engaged In Interstate commerce-used by
| the trainmen In the operation OF trains
the defects and lack OF unit ,9ry w "
injuries to railway trainmen. The won.
| derfui reforms effected In the number oil
ling accidents, due to the enforced In.
| PRODUCTION of safety coupiers Is demon
stration of what can be done IL railroads
are compelled to adopt proper safety ap
18th. question has arisen In the opera
tons of the Interstate commerce employ
be brought against the employer com
pany In any place other than that OF III
home office. The right to bring the sui
under this act should be rs easy OF en-
forcement as the right of a private per
son not I'm the company's employ to SUI
| on an ordinary claim. and process In eaci
suit should be sufficiently served II upoI
| the station agent OF the company upoi
| whom service Is authorized is made, u
bond the company In ordinary action,
arising under state laws. Bills for boil
the foregoing purposes have been con
sidered by the house OF representative
and have been passed. and are now be
| fore the interstate commerce committe
OF the senate. earnestly urge that the!
| be enacted into law.
Control Of the Trusts.
The second part OF the message is de
| voted to the control OF trusts. After
|
bad, and the success of prosecutions un
der the Sherman antitrust act, MIR. TAI
says:
utive to direct an investigation by the de
| partment of justice, through the gran
jury or otherwise. into the history. organ
ixation, and purposes of all the industria
companies with respect TO which there
any reasonable ground Tor suspicion ina
they have been organized for purpose
and are conducting business on q pla
which is In violation of the anti-trus
law The work Is a heavy one. but
Is not beyond the power OF the depar.
| ment of justice. IL sufficient funds ar
furnished. to carry on the investigation
and to pay the counsel engaged In Tn
work; But such an Investigation ,,s an
| prosperity or destruction affects the com
fort not only of stockholders but million
OF wage earners, employees, and associate 4.
| turb the confidence of the business con
. munity. to dry up the now flowing source
Of capital f5 rom s places nr sr ., prospert
that will cause suffering and strained GU
: cumstances anon. the Innocent many 4
t Mhies q wish hs IN Tits message to brin
: | clearly to the consideration and decisio
OF the congress whether to avoid ousines
! which these business combinations ma
be offered means. without great mar
I cial disturbance, OF changing the cha
acter. organization and extent OF the
business into one within the lines OF II
: law under federal control and superyiso
. securing compliance with the anti-tru
statutes.
Q For Government Control.
J. .Generally. In the industrial combin
tions called trusts, the principal bus
e | ness Is the sale of goods In many stat
d and in foreign markets.; In other word
e the interstate and foreign business 4
: exceeds the business done In any OF
il state. This fact will justify the fe
o erai government In granting a FEEDER
L | charter to such a combination to NAL
; | and sell in interstate and foreign cor
x merce the products of useful mannfa
/ ture under such limitations as will $
% | cure compliance with the anti-tru
m law 1t il possible so to frame a statu
j. that while IL offers protection to n fe
l. eral company against harmful, yexatio
: and unnecessary invasion by the stats
m IL shall subject II TO reasonable taxati
- i and control by the states with respect