Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-03-04
DEMOCRATS FACE
GREAT PROBLEMS
Tariff, Currency and Trusts
Have to Be Met
4 Soon.
INCOME TAX LEGISLATION
LEFT FOR NEW CONGRESS-
Tariff Congress" May Dispose
of Several important
Measures.

WASHINGTON, March 4-1hreC
ereut domestic legislative problems
! faced the Democratic administration
when L came into complete control
OF The government today. ,Thess
problems are the revision Of the
tariff, the reform Of the United
states currency laws and The regula-
Y ton Of The trusts.
Another important legislative act
8 left over fer the new Congress is the
formation Of income tax legislation,
made possible by the constitutional
amendment recently adopted. Next
= in line IF inheritance come the quCs-
tions o. conservation. economy ia
/, public expenditures, patronage and
& the fcreign policy The tentative pro-
gram for the extraordinary session OF
= Congress. soon TO convene, indicates
thai q foundation viii be laid in that
3 session fer graphing with all these
matters
3 in preparation fer consideration Of
the tariff which is regarded by most
g Of the Democratic leaders as of para
mount importance. the ways and
means committee Of the House, which
= las charge of all tariff Legislation,
] has been holding secret sessions for
2 weeks past The result of the de-
iiberations Of this committee is said
4 10 be the near completion Of tariff
bill intended to provide sufficient
revenue for the running expenses Of
the government while at the same
time il reduces some of the most
criticised rates of the Payne Aldrich
\ tarif law.
ii Was deemed probable here to-
day however. that the Tariff Con-
a gress' as The extra session Of Con
gress has been nicknamed, will also
4 undertake 10 dispose of at least one
Of the other two great problems fac
ing the administration, and because
OF the pre-inauguration preparation
VI WAS believed that the reform of
the currency would receive attention
before the trust question. If this
prosram holds good the administra-
! tlon win find the stage already set
for a revision of the banking laws
Flexible Currency Bill Ready.
The Glass Subcommittee OF the
House committee on banking and
currency held extensive hearings dur
ing the recent session of Congress and
q bill is now In preparation to pro-
vide d more flexible currency system
20 the end of preventing panics In
his pre-inauguration speeches, Mr..
Wilson several times referred to
panics artlf1cially created, and hint
cd that any flnancier or group Of
sinanciers who started such a panic
should meet summary punishment !
Tho Glass subcommittee proposes
90 bring In q bill designed to make
panics practically impossible, and II
this legislation does not receive at
tention at the extra session Il is GER
tain to be considered during the first
regular session of the SIXTY third
Congress.
A dozen bills proposing TO amend
the Sherman antitrust law are now
before the House committee on jul
dietary. Chief among these Is the
Stanley bill, introduced Immediately
following the close Of The Stanley
steel investigation. These measures.
which are all much alike in their
cardinal points. propose TO break up
the interlockins system of director
{ atee; TO divorce industrial corpora
tiens from railroads and to strength
en- the penal sections of the Sherman
law.
Tho judiciary committee of the
House intends to begin hearings on
the entire trust question, soon after
the extra session convenes and II is
up to President Wilson to ask for
an immediate revision of the Sher
: man law. or to suggest that this
/, particular class of legislation may 60
/, over into the next session.
The new President Is also confront
esd with the yeXatious question of
+, patronage, the disposition of which
, may cause insurgency in Democratic
ranks. Among the other issues which
may embarrass the new administra-
ton is woman's suffrage. cause
which is growing; economy, TO which
the Democratic party is pledged. and
philippine Independence, TO which the
party Is also committed.
Economy In the running expenses
Of the government is an issue which
may assume grave proportions with
IN the next two years and before the
congressional elections are held. In
locations now are that the Demo-
Gratis must WELD the pruning knife
inercilessly if they are to reduce APP
preparation bills. and the record of
the session closed today is not re-
assuring.
The proposed constitutional amend
rnent 10 limit the President TO one
sr,s,, will also nol1 lin again The
six-year term resolution was side
tracked in the House in the last days
OF the session which ended today
but the Baltimore platform declares
for one term, and this question must
be threshed out early in the Wilson
administration.