Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1911-12-06
In First Message TO Sixty-SeC-
Ond Congress President Pre-
SentS Views in Logical and
Fearless Manner.
STRONGEST UTTERANCE
HE HAS EVER MADE
COunSeIs Against Repeal of
Sherman Act But Urges Sup
Elemental legislation to Make
Interpretation Explicit,
my Morning Journa, Special Leased Wire. !

my Morning Journal Special Leased wlre.i
Washington. Dee. president
Tafts message on the trusts was read
in both branches of congress today
and was well received generally. The
presidents objection to repeal of
the sherman law was approved by
some of the leaders on both sides.
although the democrats held that his
first message should have dealt with
the tarif
Democratic Leader Underwood said
the president and the administration
were trying To overshadow the tariff
with trust issues.
"The message Is an able one from
the presidents standpoint" Mr.. I'M
derwood said, but we feel that the
leading message should have dealt
with the tariff. There seems to be an
effort on the part of the president
and the administration TO force trust
issues ahead. am opposed TO re-
peal of the sherman law, but there
may be supplemental legislation 70
define Il. | think the house does
not favor federal Incorporation
act"
Speaker Clark said he could not
aaeuss the message until he had
studied Il thoroughly.
Republican Leader Mann. who has
not always agreed with the presi-
dent, praised the message.
II is probably the strongest utter
ance President Taft has ever made"
he said. 'It shows that he Is on the
side Of the people, that he In not
controlled by the trusts and that he
does not wish 10 cause undue violence
to proper combinations Of capital"
In the house the reading of the
message was interrupted by applause
from the republican side As the read
ing clerk was droning through the
ten thousand words a majority OF tho
members were following the reading
from printed copies which had been
distributed to their desks.
The senate heard the reading OF
the message with its usual digniiied
attention and then adjourned out OF
respect to the memories VI Repre-
sentatives Madison Of Kansas and
latta of Nebraska, whose deaths were
announced by a committee from the
house
For lack Of something to do the
senate win not meet until Thursday
afternoon and will then adjourn un-
Ill Monday.
The house viii meet AT noon to-
morrow.
Presidents Message.
The message of President Taft fol-
lows:
10 the Senate ana House OF Repre-
sontatives;
This message is the first OF several
which | shall send to congress dur
ing the interval between the opening
of It's regular session and it's adjourn
ment for the Christmas HOLIDAYS The
amount of information 10 be commu-
nlcated as TO the operations Of the
government, the number OF important
subjects calling for comment by the
executive and the transmission to
congress Of exhaustive reports OF spe-
cial commissions. make il impossible
to include In one message of a rea-
sonable length discussion of the
topics that ought to be brought to
the attention Of the national legisla-
ture at its first regular session.
The Antitrust lnw---Ihc supreme
Court Decisions
In May last the supreme court
handed down decisions In the suits In
equity brought by the United states
to enioIn the further maintenance of
the Standard OH Trust and Of tho
American Tobacco Trust, and to Sc
cure their dissolution The decisions
are epoch making ana serve to ad-
wise the business world authoritatively
of the scope and operation of the
antitrust act of 1890. The decisions
do not depart IN any substantial way
from the previous decisions of the
court In constituting and applying
this important statute, but they
clarity those decisions by further de-
filming the already admitted exeep-
tlons 20 the literal construction of the
act by the decrees they furnish
useful precedent as to the proper
method Of dealing with the capital
and property of Illegal trusts. These
decisions suggest tho need and wis
dom Of additional or supplements,
legislation 10 make IL easier for the
entire business community TO square
with the rule Of action and legality
thus finally established and to pre-
serve the benefit, freedom, and spur
of reasonable competition without loss
OF real efficiency or progress.
No Change In Rule of Decision
Merely IN Its Form of Expression.
The statute in its first section de-
clares To be Illegal every contract.
combination In tho form of trust or
otherwise, or conspiracy, In restraint
of trade or commerce among the sew
erai states or with foreign nations"
Continued on Page 4. Column 81