Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1913-12-01

nterlooking dlrectorates among i'm
dusuial concerns This inter-relation
Of large corporations has been the
subject of repeated attacks by con-
gressional and federal investigating
bodies other subjects of the anti
trust program viii include price-cut-
ting by monopoies, over capitaliaa-
ton, restraint Of trade. and the more
adequate control of corporations
probably through an interstate cor
purauon commission.
Investigations To determine the
cause Of increased prices Of food
products are expected 10 begin az
soon as the session opens. Resolutions
demanding such inquiries are now
before congress. Representative Nc
Kelar has introduced a bill 20 pro-
wide Tor more adequate regulation of
Icold storage operations and 10 pen
lalize combinations that control food
prices or parcel out selling territory
and other measures OF like character
will be introduced this week.
President Wilson has indicated his
keen interest in the development Of a
system of rural land banks or credit
agencies that would meet the needs
of country districts more adequately
than can existing commercial banks
The recent recommendation OF the
commission that studied rural credit
systems OF other countries have en-
phasized the need of such a system.
IT Is expected that soon after the
passage Of the currency REFORM bill
the work of devising an adequate sys-
tenn OF rural banks will be undertaken
by congress, and an effort made to
ment next summer.
The naval building program for the
year Is expected to develop new fight
on the so-called economy forces, who
last year held congress TO the authori-
zation Of one dreadnaught by the
administration forces, wno will sup
port Secretary Daniels recommends
tions for two ships. other important
phases Of national defense are TO be
considered by congress. including the
Padgett bin TO give the naval militia
a national standing. similar 70 that
enjoyed by the national guard, and
the Hudson bin to create council of
national defense to outline the gen
eral military and naval policies of the
nation.
Plans have not yet been matured
by the administration for the hand
ling Of the Philippine problem. 1t Is
expected that renewed efforts will be
made early in the senate TO pledge
congress to "a measure giving early
independence to the islands. This
tight will be led 10y Representative
Jones of Virginia. chairman of the
house committee on insular affairs
The attempt to secure laws giving
federal aid TO vocational schools and
to agricultural extension work also
viii Doe renewed early IN the winter.
These projects, coupled with the fight
for laws giving federal aid to the con
struction of roads I'm all states, will
unite forces that have been az work
for several sessions TO secure such
legislation.
The new session probably viii wit
ness more activity prior 20 Christmas
than any other session of recent
years. Democratic leaders purpose
holding the senate to thirteen-homr
sessions, with no Christmas vacation
unless the currency bin is passed be
fore the time set for the holiday. In
the house. meantime, an effort viii
be made to dispose of several Of the
annual appropriation bills before
Christmas. so that appropriation leg
islation will interfere as little as pos
sible with the consideration Of other
matters.