Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-02-11
REPORT TODAY ON
ANTITRUST BILLS
Amended Measures Are Ready
for Presentation by the
Senate Committee.
IFrom a star Correspondent.I

TRENTON. n. j., Feb. 1.-The Sem
ate was late in convening this morn
ing owing to a prolonged session of
the Senate judiciary committee on
Governor Wilson's antitrust bills.
When the members of the committee
came into the Senate chamber, Chair
man J. Warren Davis announced that
the committee would report the bills
today with some amendments. He
also said that the committee would
report Senate bill No. As. de-
signed to regulate the sale of stock
of wildcat" corpora tions. to which
some objection was raised at yes
terday's hearing on the ground that
the bill would apply to all manu-
featuring concerns.
Senator Isaac T. Nichols. of Cum
berland. started AN argument by Of
fering resolution that there be no
session tomorrow. Linccln's birthday,
and senators Davis and Johnson
joined III. Senator walter F. Edge
said he thought there should be a
session this afternoon. He had in
mind the fact that there would be
no afternoon session today owing to
a conference scheduled to be held by
Governor Wilson with the Demo-
cratic members of the Legislature.
He also twitted the Democrats with
the fact that the Democratic Legis-
lature of 1898 passed the racetrack
bills on legal holiday, Washington's
birthday. and then went out of power
for twenty years. Mr.. Davis then
withdrew his substitute bill and
asked that senator Nichols's resolu-
ton be defeated. The resolution.
however, was adopted, IA to 7, after
Senator Davis had changed his vote
for the purpose of reconsideration.
Senator Edge. for the employers
liability commission, presented re-
port of the commission which is
supplemental to the report of two
wears ago that formed the basis of
the present law. Today's report dealt
with some technical matters of ad-
ministration, and pointed out that
since the passage of the law "a per
cent. of the cases of death and in
Jury are now settled without litiga-
ton.
There were three amendments
agreed upon by the Senate judiciary
committee to Governor Wilson's anti
trust bills. One amendment, TO Sen
ate Bill No. "a, was merely verbal
correction. To bill No. 4S, the one de-
fining trusts and prohibiting certain
acts, the amendment defines the words
articles" and Commodities" To make
il certain the bill does not prevent
agreements between employers ana
labor unions to fix wage prices. Tne
third amendment. to Senate bill NO
56. permits corporations to invest the
pension funds in securities of other
corporations Corporations II also
permits to invest in the securities OF
corporations doing a cognate ousl-
ness, the stock of which the bill al
ready authorized to be purchased.
senator McGinnis's bill to fix eight
hours labor for deputy keepers and
conyicts in the State prison was op-
posed by Senator Edge as imposing an
additional annual burden on the State
of 100000 After the bill was defeated
hv a decisive vote il was referred
back to committee on motion of its
introducer.
The Democratic senators held a
conference and agreed 10 reconsider
the resolution for an adjournment
TO-DAY for the week. Then it was de-
cided To have a session of the Senate
tomorroF. when the antitrust bills
are expected to be put on third read,
ing and passed.