Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1912-01-31
under official seal

under official seal
II Is interesting TO note that the
manufacturers, bankers wholesale
and retail merchants and also COM
mcrcial ORGANIZATIONS that took n
membership vote are strongly nprCs-
ed TO the repeal Of the sherman Act,
but just as strongly want II amended
along lines that will permit regula-
tion through an Interstate Industrial
Commission of some kind.
An overwhelming majority NJ the
answers -eightv-four per cent pro-
nounce the sherman Law neither
clear nor workable or workable with
out being clear, hut only some tven-
~ per cent declare in favor OF its re-
peal OF these latter the larger num-
Der add that III not repealed, Il
should DE amended" etc Substan-
italy. the usual phrascology OF sue
gestions for AMENDING the sherman
Law snake II so that business
men can understand II, or bring II
into line with modern business con-
litiors"
Eighty per cent oi the replies Ga.
vor Federal license or incorporation
I FER companies engaged IN interstate
commerce, one-third of the eighty
taking Federal license as an alterna-
tive. Seventy-five per cent are OPP
posed to holding companies, while Of
the remainder nearly all want hold
ing companies bound by restrictions
that would prevent abuses
Government regulation OF capita
ization is approved by ninety per cent
Of these &c whom that question was
submitted. few OF the minority who
disapprove suggesting that over-cap-
| itali'ation is not action that would
Otherwise remain lille
Three important advantages D's'"
ed for those doing business or d
large economies N proda.ti0.
economies in distribution and lr,
or use of hy-products are adW'.'
3 without dissent hv all who 1usN
that query "Steadier emplcyuau -
labor and al better wages. and hc.-
ter protection against Industrial
cidcnts' are denied 10y thirtv-f.'o r.-
cent, and more command of intern.
tional trade" and command of fh
hest quality are doubted Dos tHu pol.
cent of those answering.
Interstate Industrial Commit .,io'
About eighty per cent favor an -
terstate Industrial Commission s'r'
qualifying with the condition '."
should I've imposed Of busiuys-
only. and two labor representa-.
proposing that the Comm .l
should consist of one mcwtor ...
each state q sort OF lrtcrsiat.
ness Senate
\ comparatively small pr3p0"
are in favor Of control Of prices .F
an Industrial Commission.
''NNlf WI IN'N '.'iiN N.fliIi'I. ~ NJ.
tive banking and currency sFs.,r .s
a primary source Of trouble. and s..
cral urge tho adoption Of the AIDE
rich currency plan Evrayacaut Disc
ms and q reaction from recent prose
perity are given amoue other re.-
sons hy sixty per cent Of thos, who
answer that question The tcuianr.
10 desert the farms for the c.....
the,ahy reducing tho number ol n
durrrs Is mentioned ms an unss.t.i.-
cause in some fift, per cent " 'h'
answers Tariff agitation fs.ro %
thirty per cent Of the reptiles mrt
Of these being the cXisiinc tariff ono
reason thai has probably not su-c0s'-
I'd itscl 20 the nUhlic mind .s Offered
by considerable number of mon 100
business circles That reason De- the
automobile. the use Of whi,h. t Is
declared. has diverted hur tired II
r'ill.ons of dollars from the ordirlry
channels OF trade To indulgcnc" ~
that article ~ usefuluoss and 90.