The daily sentinel., 1912-08-02

were discarded.
Former President Roosevelt is in
dicted for making the control of the
steel trust absolute and is charged
with being responsible for the Sigan-
tic stature which the trust has at
tanned
Enemy of Labor.
The United States steel corporation
flayed as an enemy of organized la
Dor, accused of lowering the socio-
logical conditions of its employees and
of contributing to American industry
workmen and work methods un-
American and foreign to the best in
terests of labor.
Principal stockholders of the steel
corporation are accused of eXerting
powerful and injurious influence on
the business of the United States by
means of control exercised through
interlocking directorates of railway
and Industrial organizations.
The activity of the corporation in
politics is laid bare and its influences
described, and the steel trust as
tariff beneficiary and its part in the
making of the Payne-Aldrich tariff
act are touched upon by the demo-
Gratis.
Condemns Corporation.
The committee recommends legis-
lation to cure trust evils and to meet
existing conditions. II condemns the
steel corporation, but does not invade
the jurisdiction of the United States
court in which there is now pending
government suit for dissolution.
Early in its report the committee
sets forth that it would investigate
''as if no proceeding on the part of
the United States government were
now pending against said corpora
ton, but not for the purpose of de-
termining the questions involved in
the action brought by the govern
ment.'
The governments suit is to dis
cover if the United States steel cor
poration is lin violation of the Sher-
man antitrust law
Don't Approve of Plan.
In summing up its conclusions the
majority report says:
The control of corporations by
the federal government, as recon-
mended by Mr.. Carnegie, Judge Gary
and others, is not approved. What
ever may be the evil results of the
elimination of competition from the
steel business. it does not justify such
a remedy and could not be cured by
it, Such a control, semi-socialistics
in its nature, is beyond the power
vested by the Constitution in the
| federal congress.
The abuses mentioned in this re-
port can in great measure be rene
| died by giving to the operations of
the United States steel corporation
| and other like corporations the wild
| est publicity, and by the strict en-
| forcement of laws specifically inhib-
\ iting the employment of cunning
| devices by which an unfair advant-
age over competitors is secured.
Roosevelt Again.
| Had the character of the steel
corporation and the nature and eX-
| tent of its operations been known to
| the people and to the President of the
| United States at the time of the alb
sorption of the Tennessee Coal & Iron
company, it is highly improbable that
the chief executive would in 20 min
J utes have given his. consent to a mer-
ger fraught with infinite injury to the
steel industry and TO the public alike.
Suggest Three Bills.
The legislation recommended by
the majority consisted of three
bills. One of them, commonly
known as the Brandeis bill, is de-
signed to give an injured party the
right TO institute suit to prevent
| the organization of a com bination in
restrict of trade. This bill also trans
fers the burden of proof to the de-
fendant corporation to show that it
is a combination within reasonable
restraint of trade The bill recon-
mended by the committee has long
been pending before congress. hav-
ing been introduced by Senator La
| Toilette and Representative Len
root"
Another bill would provide that no
person who is engaged as an individ-
ual or as a member of partnership
or as a director or other officer, or
an employe of corporation, in the
business, in whole or in part, of man
ufacturing or selling railroad cars
or locomotives or railroad rails or
structural steel, or mining and sell