The Barre daily times. (Barre, Vt.) 1897-1959, 1911-12-04
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OBSERVATION-DISCLOSURES
/ Sherman antitrust law. The most re-
cent bill was drafted by Rep Henry of
Texas, providing for penitentary terms
for violators of the trust laws and de-
! signed TO eliminate from the Sherman
i law the "rule of reason" as interpreted
| by the supreme court. Some sort OF
bill is certain to come from the COM
mittee bearing upon this problem. In
the Senate the trust question is under
consideration 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 inquiry into
the United States steel corporation. The
steel corporation has protested against
continuation of the hearing, in view of
the ruling of the government against it.
The question is certain TO be brought up
in the House for settlement within a
few days, and it viii provoke a lively
controversy
As part Of the trust legislative plan,
President Taft has suggested federal
incorporation act He has stated his
belief that statute might be drawn
not as an amendment to the antitrust
law--to furnish protection which would
induce companies engaged chiefly in in
terstate trade to agree to government
supervision OF their transactions.
Finance Legislation.
The national monetary commission
will submit the report of its long and
exhaustive inquiry by January s. The
central reserve bank plan advocated by
former Senator Nelson w. Aldrich has
been practically unanimously endorsed
by the American Bankers association.
Currency reform, however, probably will
develop many differing opinions before
any legislation is enacted.
OF unusual interest in the Senate win
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 going on in Chicago
viii be resumed here tomorrow.
Conservation policies are to be urged
on Congress. Included in this are water
power, coal, phosphate. oil and gas and
ether resources. Early in the session
the national waterways commission win
report recommendations A report also
win be made by the securities commits
sion relating to railways and bonds and
the special postal commission which has
held sessions in Washington, New York
and st. Louis also will report. The EN-
ployers' liability commission has formu-
La 81 art 80 g,tIt4att fp
Lively discussions are expected in both
houses on the immigration laws, the alb
rogation of the treaty of 1882 between
the United States and Russia, campaign
publicity, and bill proposing legisla-
tive power to be conferred upon the ter
ritory of Alaska. An effort also may
be made to abolish the new court Of
commerce.
Both Branches Changed.
The personnel of the House and Sem
ate has changed somewhat, the Demo-
Gratis OF the House having gained ono
more in their majority. There are five
members of the House, Daniel v. Ste
phens DEM of Nebraska; Joseph A.
Tagart tDem.l OF Kansas; Kenneth D.
Mcclellan tDem.l, Tennessee; w ID. D.
Ainey (Rep.l Of Pennsylvania, and Will
liam J, Browning tRep.l of New Jersey.
There Is one vacancy in the House,
caused by the death of Rep, Z. II. Mad
ison tRep.l of Kansas.
Obadiah Gardner Of Maine succeeds
the late Senator Frye in the Senate and
Hoke Smith comes to the Senate from
Georgia Renewal of the effort to elect
q, %. oE H. a.
in place of Mr.. Frye will be made.
Senator Bacon was the leading cand-
date of the Democrats and Senator Gal
linger, the leader of the regular Repub-
Leans at the last session. Senator Clapp
was the choice of the insurgent Repub-
Leans.
In the House an interesting feature
of the session in all probability win be
the abolition of the secret caucus by the
Democratic majority.
Economy will continue to be the Dem
oeratc "watchword" in the House. In
this connection all the investigations
into government departments by the
House committees on expenditures are
to be continued and recommendation
are to be made along lines of economy
LOT each department. OF the government. /
Economy, it is said, also win guide |
the appropriations committee, the first
Democratic committee in many years to |
get "whack" at the big appropriation |
supply bills, including the so-called |
"pork barrels" Rep. Fitzgerald Of New
York, is the chairman of the committee
which viii undertake the task of pairing
down the appropriations which for the /
year of l9ll-l2 amounted to $l,026,2S7,- |
sos. 81