The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1912-08-02

sidering both free n dutiable reduc-
tons. they amounted to II per cent
The rAr1f hoard
Under the provisions OF the Payne bill
| was able TO appoint a tariff baord TO
make Investigations into each schedule
with "a view to determining the cost OF
p@1r on here n TIE cost OF prodye-
schedule. in orrer To enable congress In
adjusting this schedule TO know what
d%ss,rSet ql ccmpe,stion rom no %Pss Fspeaan
countries and the closing up OF our
mills ana other sources OF productIn
Result OF Democratic suooess.
II the result OF the election were to
put the Democrats completely In con-
troll OF all branches of the government,
duties upon all those articles the man
ufacture OF which need protection. and
may anticipate a serious injury to a
try g%ses would NJ Iir u %an hsSe io vail inaS Se-
actual legislation on this subject: the
very prospect Of Democratic success
wh.n ITS policy toward our great pro;
would postpone Indefinitely the coming
OF prosperity. and tend TO give us n re-
i EHF tSe de on .he ss sSrd ,im isso thS5 We had
Hagh Cost OF Living ana Payne Law.
The statement has been widely c'rcu-
lated and has received considerable sup
port from political opponents. that the
teriff act OF 1903 Il a prominent factor
IN creating the high cost OF living. This
viii show that the phenomenon OF In
creased prices and cost OF living is
worldwide IN its extent and quite as
9dvanced civilization and progress ten
denotes as IN our own.
New Constructive Legislation.
Comhinauon OF capital in great enter
prises should be encouraged. III within
the law. for everyone must recognize
mat progress IN modern business II by
effective combination OF the means OF
production to the point OF greatest
economy. II should be out
therefore. 60 put large interstate bust
ness enterprises acting within the law
on "A basis or security by offering them
a Federal corporation law nuder which
they may voluntarily incorporate. such
an act Il not an easy one 90 draw IN
clearly defined by the two objects OF
such n law. one IL to secure for the
public. through competent government
agency. such q close supervision and
regulation OF the husines transactions
OF the corporation a. TO preclude a vio-
TO which the business Of the corpora
ton must square. and the other Is TO
furnish to business. thus Incorporated
and lawfullN ~Conducted. the protection
and security which IL must enjoy under
such a Federal charter
Opposed 20 Drastic Amendments.
l am not IN sympathy with the pur-
pose 10 make the antitrust Law more
drastic D.. such a provision as IL pro-
posed b! the Democratic majority OF
the INVESTIGATING committee of tire
house. for imposing a rule as To bur
den OF proof upon defendants under
nnti-trgst. prosecutions different from
thar which defendants IN other prosecti-
lions enjoy. This can not be suggested
ny any aiffl'ulty found IN proving to
{ = courts the lllegall'y OF such cOmbi-
nations when the tlegality exists.
II !s the custom Of those who md II
20 their political interest to- do 80 to
NLaaH az HL HHmaaHH.HHa I-.M
against the American Tobacco Cumuau.
and against the Standard OIL Compan-
ana Tho administration h. condemned ~
The democratic platform for c~0nsentirr
o" e compromise IN the STANDARD on
care. There was no compromise. Til.
STANDARD OH decree was entered tv the
cirucit court. and then by the Supreme
t"urt on the prayer OF the government
contained 10 the original bill filed in "A
rev .our administration. The decree in
tn' Tobacco case was reached after "a
fun discussion. and entered by the cir
tult court. consisting % four Circuit
judges. ass % proper decree. and the gov
eminent refused 10 appeal from 81 be
chus" 70 did not feel that n had the
round upon watch 60 base such an
erpfal Roth DEGREES are working well.
hoth DEGREES have introduced compeit-
ton. Tho one into the branches % the
tobacco business ana the other into the
- rancho ~ fNf nl business They naV.
nor r~"introdIrcd rulnous competition.
llf they have affected ctrtfu uricra il
ff'l H way ar fp show tho presence ~
real competition The division az fNs
W trusts tf the decree into revcrnI
iwWed. 'e radical rfaurs m the huai-
moss 70 mas fake sof1e wears % show
~ benefits ~ the dissolution. but
fh- Limitations nf fre derre-a boz tfaa~
two rIsft are sY speridr aa m rstr AL.
t0ref"rr impossible Fauwru ~
"Ii .nhIr. r.n against which me
~ 100 chow goo DEGREES '1 b. irrit
.."" "' .|.H. "- "HHmHn H"H|m..