El Paso herald. (El Paso, Tex.) 1901-1931, 1912-08-09

, of notification and president Taft's
speech Of acceptance also be printed
as public document. Senator Culber-
son had asked that senator James's no.
tification speech and governor Wood
row Wilson's acceptance be printed as
another document. All three requests
were granted.
To Jail Trust MaEnates.
Senator Kenyon's bill to compel fed
eral courts to impose jail sentences in
stead of fines upon convicted viOlatOrs
of the Sherman Nv, got out of the
committee today and took a place upon
the senate's calendar. Mr.. Kenyon will
work for its passage at this session.
CORSrcssmen Attack Roosevelt.
The progressive platform and former
president RoOsevelts trust views Oc-
cupicd the attention of the house last
night in the closing hour of the first
debate on the steel trust investigation
Representative Lafferty, of Oregon, in
into the debate and representative
Gardner. OF Massachusetts, a Repub-
ican, pointed out what he called incon-
sistencies in Mr.. Roosevelts position.
He believes in the Sherman anti
4 trust law and in the recognition of
trusts" said Mr.. Gardner. He is rid
ing two horses going in opposite direc-
tons"
Have you read the coIonePs speech -
asked Mr.. Lafferty.
Yes. and it is entirely different from
the views ne expressed in the Outlook
in November. He does not make him
self clear on anything. He is not clear
on immigration, the tariff o. anything
else"
The absolute enforcement of the
ownership of railroads and industrial
organizations was declared by repre-
sentative Stanley, of kentucky. as the
one preventive of such monopoly as he
described the United States steel cor
poration to be.
Gardner CHALLENGES Statements
His speech was a review of the re-
port recently submitted for the ma
Jority Of the committee. 1t was an
elaborate excoriation of J. p. Morgan,
John D. Rockefeller and others, who
have figured in financing the steel in
dustry. Mr.. Stanley was frequently in
terrupted and several of his assertions
of facts were challenged by represen-
tative Gardner, of Massachusetts, Re-
publican. who prepared the minority
report of the committee.
The Kentucky representative traced
the growth of the steel trust and de-
scribed how Andrew Carnegie had
forced it to buy him out by threats of
competition.
The holding company and the pro-
tectlVe tariff were pointed to as the
bulwarks of the steel trusts strength.
The holding company was described as
perniciOus device" and the forma-
uon OF the steel trust by Mr. Morgan
was termed "a scheme that exceeded
the dream of the most avaricious
scheme maker that ever lived.
Sterling Against Minority.
Representative Sterling of Illinois
argued against the Minority report of
the committee which favors a recogni-
ton of trusts and looks to a govern
ment regulation of prices, declaring it
TO be un-American and unsound. He
said price fixing had brought on the
French revolution and had been tried
to inevitable failure in England in the
14th century He favored federal in
corporation, he said. and expressed the
opinion that the government should
regulate the trusts and prevent extor-
ton by supervision of capitalization
and b. restriction whenever a corpora
ton approached the point Of monopoly.