The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-01-03
NACEL URGES NEED
FOR SUPERVISION
Secretary of Commerce and
Labor Suggests Permanent
Federal Agency,
ALSO WANTS PUBLICITY
Says Recent Supreme Court
Decisions Have Made Ac-
ton Imperative.
ALSO WANTS PUBLICITY

WASHINGTON. Ian. The mere
breaking Ur of large combinations Into
"A number Of separate parts by no means
ncets the whole trust question. Says
Secretary NaseI of the department OF
commerce and labor in his annual rr-
porl, transmitted today 10 President
Taft
Secretary Nage declares That the
Sherman law has been proved TO be an
effective statute beyond all doubt and
that 2 degree Of combination Of capital
is quite necessary but he adds that the
supreme court decisions in the Standard
OH and Tobacco cases have dcmonsirat-
ell that the next step in the control OF
great industrial corporal tious Viii he the
creation OF permanent federal agency.
no" such control shall he exercised; 4;
whether ny commission. federal incor
porauon ore other means, which hav"
boon advocated recently b. Judge Gilbert
H. Car. George ". Perkins and other
fInanciers before the senate comr1i,ie
which has been conducting hearings 20
determine what changes would be de-
slrahc In The antitrust laws. Secretary
NaGel docs not definitely say. He ia
yors, however. Il development Of the
powers and scope OF the bureau OF cor
porattors.
Combination Essential.
a certain degree OF combination OF
capital Is admittedly essa ntal 20 the
carrying on of our great business enter
troll properly such neceSsa ~ comhlns-
lions VIC must have come administrative
federal office or commission which shall
make this work Its business.
We must have n perNan ncnt authority
which slal! 10y steady and continuous
supervision and publicity safeguard the
public interests and al Inc same time
business efficiency and Development
Tho decisions Of Ihe supreme court
~ tho Standard OIL and American
Tobacco company cases have brought
forcibly 10 the public attention fact re-
poatedly presented In the reports 81 this
departmcnt---,he imperative need FOR the
positive administration regulation OF
great industrial corpors tions
The recent decisions and reoTGaniza :
tioRs which followed have made il clear
that another imperative step remains 10
be- taken and that This is the estab-
lishment. ny appropriate legislation, of Il
broad system of supervision and pub
licity for all those industrial and com
rncrcial organizations engaged In inter
| state and international business.
Method Not Clear.
whether this shall hc done by means
| Of federal Incorporation OF by a federal
office OF commission exercising powers
of regulation aud supervision may be a
secondary question, The first conSidcra
permanent administrative publicity. rcgu-
! lation and supervision The time is pc
| culiarly ripe for such action. Public
| opUiou and the views Of many corpora
| tion managers arc as one"
Secretary Nagcl recommends that the
bureau of corporations be developed to
| take uP the form of supervision he sug-
ecSts. II would he but q logical eKpan-
sion OF the bureaus operations and pol
icy, Which he says, have relIod solely on
publicity for the last eight years and
| have demonstrated beyond question what
| Il system Of permanent supervision can
do.
Mr.. Nsges report in full deals with
| the years work in the many bureaus
| and divisions over Which he prcsidcs
immigration Service.
| In connection with the immigra ton
| service the secretary recommends that
| any amendments 10 the immigration laws
tend 10 relieve Immigrants OF undue ha ard -
lel,I ,IN ale 1.te