Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-23
100000 WILL
Be ASKED FOR
TRUST INQUIRY
investigation To Be Greatest
Ever Undertaken by Govern
ment, Says Davies.
PREDICTS REMEDY AT LAST
Declares Opposition Of Wilson to
Monopoly in Industrial Field
Is Well Known.
PREDICTS REMEDY AT LAST

WASHINGTON, Nov. 22-Joseph
e. Davies, Commissioner of Corpo-
rations. declares he will ask Con
gress for $4,000 to defray the ex-
penses of an investigation of the big
Interstate corporations which his bu-
reau Is about to institute under the
direction of President Wilson 1t will
be the most extensive work ever I'M
dertaken by the Bureau Of Corpora
tions. If Congress appropriates that
amount it is the intention Of Mr..
Davies to double his present force. Co.
THE investigation Mr.. Davies
said will be two-fold. We will make
a scientific study Of the question of
monopoly to determine the question of
fact as to the alleged advantages Of
economies in production by the trust
form Of enterprise. The attitude Of
the Democratic party on the question
of monopolies is, of course, well
known, and my own adherence to the
declarations of the platform never
has been fairly open to question.
Says Evils Exist.
The Pujo and Stanley committees
OF Congress made exhaustive investi-
cations, as did also the Committee
on Judiciary of the House and the
Interstate Commerce Committee OF
the Senate, and have demonstrated
that certain evils exist which should
be remedied forthwith. These COM
mittees have given the most care
full consideration to the remedy In
my judgment Congress and these
committees will address themselves
10 these remedies, and any investiga-
ton which this bureau will make will
not interfere with or delay Congress
in this work
His Speech M,sinterpreted.
Il regret that my speech at Atlantic
City last month should have been in
terpreted to mean that I believed
Congress should await the determi-
nation of this question by the Blu
reau of Corporations before acting.
The other WORK of inquiry to be
undertaken by this bureau is the
gathering of information regarding all
Of the large corporations of the coun-
try, so that it will be available in
the framing of legislation or the de-
termination of executive action in the
future. We propose to ask the cor
porations to fill out blanks giving all
valuable information about their or
SdHlLdllOn cOuuuCl ana management,
which is the language employed in
the law creating the bureau"
Meant No Reflection.
Mr.. Davies made it clear that he
had not the slightest intention of in
timating that President Wilson's
mind is not made up on the ques-
ton whether monopolies are good or
bad for the country, nor did he In
tend to reflect on Congress when he
said in his Atlantic City speech:
There is now no governmental or
other agency engaged in attempting
10 get scientific information with ref
erence % this fact. 1t is character
istic of the quality of mind of the
President of the United States that
he should desire facts on which to
base his judgment. 1t is the inten-
ton and purpose of the Bureau OF
Corporations, acting under the direc-
ton of the President OF the United
States, to make survey of the in
dustrial field and an intensive in
Yestigation of this subject"
Wilson's Opposition Known.
Mr., Davies said that the Presidents
opposition to monopoly was too well
known for him to be misunderstood
On that score
The trust" inquiry which Mr.. Da-
Nies intends to make will not be con-
fined to an intensive investigation OF
one or two corporations at time,