The sun., 1912-07-21
STEEL REPORT TO GIVE
WILSON'S TRUST VIEWS
GOvcrnOr Consulted by stanley
Committee in Preparing
Document.

WAsHiNGroN. July 20 - Woodrow Vii
sons views on the regulation of inter-
state corpora ions viii be presented in
he report 10 Inc made To the House by the
Stanley steel committee. Gov. Wilson
believes the sherman antitrust law
with certain amendments to he recon-
nrnded in the Stanley report will prove
entirely effective in eliminating rccog-
nized evils in corporate management.
Through the medium of the members
OF the committee not only the Democratic
but Republican views Oh trust regulation
wi I be extensively outlined in the report
The documents from the Stanley steel
committee therefore will assume con-
siderable political importance The Dem
ocra'- will take this position tina, cor
pora,ions should br regulated through
the strict enforcement Of the Sherman
law: that the Sherman act is effective
a. far Ii. il goes, hiit that it should be
supplemented in certain important par
iicula,S They are unalterably opposed
To- the idea advanced by Col. Roosevelt
Judge j.. u. Gary. George W. Perkins
and others that til" industrial corpora
lions should he brought under the same
sort of control exercised Ivy the Interstate
Commerce Commission over the railroads
Of the country.
The Republican, attitude toward the
trusts will I've outlined by Representa- i've
Gardner of Massachusetts. one cf the
members oi the steel comm, ~.
II - tt1t interstate corporal ions should
operate un,. Fedora! charters of incor-
porat ION as pI0l .,,-ed III special messI gp :
to Congress hy y. 'sident Taft The
Republicans viii hold M the time has
come when indu-t rial corporal 'ons should
be brought under as close Governmental
supervision as are the railroad, of ~.
country
II j. the understanding thai the Gard
ncr report will reflect the views of the TAFT
adminisi rat ion and that they will be- put
bcfor, the country a. the Taft side of Inc
controversy in the pres~nta' ion OF the
rust question III IN" IMPENDING campaign
In "a word. tn. Democrats will advocate
regulation of tn" corlOrat ions bv means
oi the anti-truat act To be siren o'heneu
as they Will indicate, while the Hepubl.
cans will suggest, in addition to the en-
forcement of the Sherman law, the Ciea =
, ion of new agency IN IN. form OF IA com
Iniss ION to exercise 'ir!sdlctl ion over the
big combnat ations
Woodrow Wilson. Speaker tIa"k and
tnad" Cnderw ODD have been co:isl.lted
cc"nc"yning III" trust programme 20 I've
Laid down III the Stanley report lhcs.
,hr.c distinguished Leaders have ap-
pro.rd 1t. according 10 l. settlement mad"
to-day 10y prominent melnher ot ths
Comilittoc This melnl"r sad farther
that while there was some diSi greement
among the Democratic committeeman
Gs to certain other Features of the report
all the Democratic committeeman are in
accord a. TO the recommendations 10 be
mode on the trust question
II was pointed out to-day tha, the
stanley report Will put the Dcmocra;ic &c
party on record as opposed To the theory
of Judge Gary, Mr.. Perkins and others
that tho era of competition has pasS"d
and tha' big business should he reCl-
hated hy the Government. even to the
extent of fixing prices on all commodities
The Democrats will take the position
that tie dest ruction Of competition would
be . bad thing for the country. and that
To- destroy IL Ivy legal form would I've y
stop IN the direction of 50, alism