Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-12-04
sres. III. subject win be treated in

STeS8. In0 SuOJeCt Will DC tTedteO III
q special message.
Meantime, however, the ways and
means committee will begin prepara-
tioh OF revised schedules to include
wool. cotton. iron and steel products.
sugar and other foodstuffs An import
ant schedule to come up is the sugar
schedule and In dealing with this the
house and the ways and means COM
mittee will be guided somewhat by
the report OF othe special committee OF
inquiry into the American Sugar Re-
fining Company. which is expected to
report enrly in the session.
Vigorous Trust Debates.
Conspicuous in the records Of the
congress will be the coming vigorous
trust delsates.s The fight to amend the
Sherman anti-trust law already is on.
In the house the question will be first
considered by the committee on judici-
ary. This committee has determined
also to report bills amending the In
junction statutes ana the contempt
statutes, the latter to include provis-
ion for trial by jury in cases OF In
direct contempt. These will be pressed
for passage before adjournment.
The committee has in hand half
dozen bills providing amendment to
the Sherman antitrust law. The most
recent bill was drafted by Representa-
tive Henry of Texas, providing for
penitentiary terms for violators Of the
trust laws and designed to eliminate
from the Sherman law the rule OF
reason" as interpreted by the supreme
court. Some sort OF bill is certain to
come from the committee bearing on
this problem. In the senate the trust
question is under consideration In the
hearings before the committee on in
terstate commerce which will continue
for some time
be the determination Of the fate of the
house special committee of inquiry
into the United States Steel Corpora
ton. The steel corporation has pro-
tested against continuation of the
hearing In view OF the filing of the
government against 1t. The question is
certain to be brought up in the house
for settlement within few days and
it will provoke lively controversy
Presidents Trust Program.
AS a part OF the TRUST legislative
plan, President Taft has suggested a
federal incorporation act. He has
stated his belief that a statute might
be drawn-not as an amendment to the
antitrust law-to furnish protection
which would induce companies en-
gagged chiefly in interstate trade to
agree to government supervision Of
their transactions.
The national monetary commission
will submit the report of it's long and
exhaustive inquiry by Jan. 8. The
central reserve bank plan advocated
by former Senator Nelson w. Aldrich.
has been practically unanimously en-
dorsed by the American Bankers As
sociation. Currency reform however.
probably will develop many differing
opinions before any legislation is en-
acted. ,ss.o...@.. -'z
n Economy it is saidSalso will guide
the appropriate {5ns committee, the first
democratic committee ,ins many years
to get q "whack" at the big appropria-
tion supply bills including the so-called
"pork barrels" Representative Fitz-
gerald of New York. is the chairman
Of the committee which will undertake
the task of pairing down the appro-
priations which for the year of 1911
1912 amounted to $1,026.2s7, ,5O5.s1.