Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-12-05

republicans as their choice to wrest
the nomination from Mr.. Taft.
In the house the political interest
will he further complicated by the at
titude of Mr. Bryan, who has quar-
ed him as a reactionary and now
criticizes Speaker Clark in what many
democrats declares an effort to cause
breach between the speaker ard the
majority leader of the house.
The tariff legislative program will
follow the long awaited report of the
tariff board which is expected to sub
nit the result of its Investigations on
wool and cotton before the holidays.
The ways and ms1ns committee Of
the house, however. under the direc-
ton of Chairman Underwood, will be
gin at once the preparation Of new
tariff bills. Throughout the recess a
force of clerks and experts have been
at work preparing for the committee.
President Taft has given his pledge
that, when the tariff board submits
It's report on the Woolen and cotton
schedules II will he his pleasure to
make tariff recommendation to con-
gress. The subject will he treated in
special message
Meantime. however the ways and
means committee will begin prepara-
ito of revised schedules TO include
wool, cotton, iron and steel products,
sugar and other foodstuffs. An i'm
portant schedule to come up in the
sugar schedule and in dealing with
this house and the ways and means
committee will be guided somewhat
by the report of the special commits e
of inquiry into the American Sugar
Refining Company, which is expected
to report early in the session.
Conspicuous in the records of the
congress will be the coming vigorous
trust debates. The fight to amend the
Sherman antitrust law already is on.
In the house the question will be first
considered by the committee on judi
ciary. This committee has determined
also to report bills amending the in
junction statutes and the contempt
statutes, the latter to include provis-
ion for trial by jury in cases of in
direct contempt. These viii be
pressed for passage before adjourn
ment.
The committee has in hand a half
dozen bills providing amendment to
the sherman antitrust law. The
most recent bill was drafted by Repre-
sentative Henry, of Texas, providing
for penitentiary terms for violators Of
the trust laws and designed to elimn-
ate from the Sherman law the rule
of reason" as interpretated by the su-
preme court. Some sort of bill is GER
tain to come from the committee
bearing on this problem. In the sem
ate the trust question is under con-
sideration in the hearings before the
committee on interstate commerce
which will continue for some time.
In line with the trust question will
be the determination of the fate of
the house special committee of in
quiry into the United States steel Cor
poration. The steel corporation has
protested against continuance of the
hearing i'm view of the ruling Of the
government against it. The question
Is certain to be brought up i'm the
house for settlement within a few days
and it will provoke lively conttO-
versy.
As part Of the trust legislative
plan President Taft has suggested
a federal Incorporation act. lie has
stated his belief that statute might
be drawn-not as an amendment to
the antitrust law-to furnish pro-
lection which would induce com
panies engaged chiefly in Interstate
trade to agree to government super
vision of their transactions.
The national monetary commission
will submit the report of its long and
exhaustive inquiry by January s.
The central reserve bank plan adyo-
Gated by former Senator Nelson w.
Aldrich, has been practically unani-
mously endorsed by the American
Bankers Association. Currency re-
form. however. probably will develop
many differing opinions before any
legislation is enacted
Of unusual interest in the senate
will be the continuance of the inquiry
into the right Of Senator Lorimer OF
Illinois to retain his seat. Hearings
In the case which have been goin9 on