Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1912-01-03
one MORE STEP N
Corporation CURB
SECRETARY NAaEl URGES PER.
nANENT BODY 70 SUPERVISE
AND CONTROL.
SHERMAN LAW EFFECTIVE
Gut LACKS ESSENTIAL
Nassl Would Have Bureau Of Com
n,srcs and Labor Given More Powers
-orsat industrial Corporations Need
Regulation Rather Than Prevention
-lmmiaration Law Defects.

Washington. Jan. 3.-"The mere
breaking up of large combinations into
number Of separate parts. by no
means meets the whole trust question"
says Secretary Nagel of the department
Of commerce and labor in, his annual
report transmitted to President Taft.
Secretary Maggie declares that the
Sherman law has been proved to be
an effective statute beyond all doubt
and that a degre Of combination of
capital 10 quite necessary but he adds
that the supreme court decisions in the
Standard Oil and tobacco cases have
demonstrated that the next step in the
control Of great Industrial corporations
will be the creation Of a permanent
federal agency.
Would Enlarge Bureaus Powers.
How such control shall be exercised,
whether by commission, federal in
corporation or other means, which
have been advocated recently by
Judge Ebert II. Gary. George W. Per-
kins and other hnanciers before the
senate committee which has been con-
Quoting hearings to determine what
changes would be desirable In the anti
trust laws, Secretary Nagel does not
definitely say.
He favOrs, however, development
Of the powers and scope Of the bureau
Of corporations.
A certain degree Of combination Of
capital Is admittedly ESSENTIAL to the
carrying on OF our great business en-
.terprises," says Secretary Maggie. ITO
control properly such necessary COM
hinations we must have some admin
lstrative federal office or commission
which shall make this work its bust
ness.
We must have a permanent author
fly which shall by steady and contin-
nous supervision and publicity safe
guard the public interests and at the
same time allow full scope for neces-
sary and proper business efficiency and
development.
Another Step Vet Needed.
"The decisions of the supreme court
In the Standard Oil and American To-
bacco Company cases have brought
,orcibly to the public attention a fact
repeatedly presented in the reports Of
This department-the imperative need
/ FOR the positive administration regula-
ton Of great industrial corporations.
THE recent decisions and reorgani-
cations which followed have made 1t
slear that another imperative step re-
mains to be taken and that this Is the
establishment by appropriate legisla-
lion Of a broad system Of supervision
and publicity for all those Industrial
and commercial organizations aged
In interstate and interna tional bust
ness.
immigration Laws.
In connection with the immigration
service the secretary recommends that
any amendments to the immigration
laws tend to relieve immigrants Of I'M
due hardship without letting down the
bars against undesirables. Larger dis
erection should be lodged with officials,
he thinks, to admit unfortunate mem
bers Of incoming families where it is
shown that society would be protected
against burden and danger. He rec
immigrants be made before they en-
bark for this country and that the time
for deporting confessed criminals be
extended.
Secretary Nagel refers in passing
to recent criticism Of the immigration
service. He says the bureau has en-
deavored to obey the general mandate
Of the law ard relieve the Individual Of
hardship wherever the statute allows 1t.
In the meantime, Lincoln's advice
hnds renewed application" says the
secretary quoting the words, If both
factions, or either. shall abuse you, you
Will probably be about right. Beware
Of being assailed by one and praised
by the other"
A very important investigation on
the cost Of living is now being carried
On by the bureau Of labor. 1.-The report
prmises to provide a basis for intelli-
i gent discussin of this much mooted
question" says the secretary.