The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1913-02-11
Acts Based On Stanley's
Work On Steel Committee.
Kentucky Congressman Ex-
plains Three Year Battle.
RESTORING CONFIDENCE

interest in Governor Woodrow Wilson's
New Jersey antitrust program, as an
nounced In the morning newspapers to-
day, than in any previous act or utter
ance Of the President They feel
that he has thrown a great light upon
one phase of his administration, and
take 1t for granted that he will advo-
cate before Congress the same anti
trust laws. particularly because the
substance of these laws originated with
Representative A. o. Stanley, Senator
R. M. La Toilette and Louis D. Brandeis
respectively.
Mr. Stanley in a statement today
showed what portions of his bills Gov
ernor Wilson has apparently applied to
the New Jersey situation. and expressed
his qualification thereat. This portion
of the New Jersey program is especially
gratifying to the Democrats Of the
House, as the authorization Of the Stan
ley Steel Trust investigation, from
which the bills grew, was one of the
first acts of the Democratic majority
that was elected in 1910.
In commenting on Governor Wilson's
antitrust remedies, Mr.. Stanley said:
Governor Wilson's unqualified in
dorsement cf the antitrust legislation
contained in the seven bills introduced
in the New Jersey Senate affords me
profound qualification cannot express.
For nearly three years have been de-
handing the amendments of existing
laws, forbiddins the very abuses which
this legislation is intended to correct.
During the period of Republican as
cendancy my bills and resolutions were
pigeonholed and I was denounced by
the standpat press as a dangerous
visionary and a demagogue.
Democrats Organized Probe.
zone of the first acts Of the Demo
cratic Congress, however, was to pass
these resolutions and organize a com
mittee, Of which 1 was made chairman.
for the purpose Of investigating the
abuses Of which I had complained.
This committee on August 2. 1912. in
troduced legislation forbidding cor
porations engaged In interstate COM
merce from:
A-Underselling in local markets.
B-Fixing prices to the consumer.
C-Issuing watered stock.
D-Forning holding companies.
control of the price Of any commodity.
F-Owning stock in other corpora
lions.
G-Agreeing to limit production.
H-Attempting to prevent competi-
ton in the transportation, manufacture
or sale of any article.
after sixteen months of laborious
investigation the committee which in
poration not only reported the status
Of the concern, but proposed new legis-
lation in the form of bills which 1 had
the honor to introduce in the House.
Yesterday there was introduced in
the Senate of New JERSEY. with the ex-
press approval of the next President OF
the United States, bills prohibiting in
that State the very practices which the
legislation to which I have referred
will prohibit in the United States.
"At this time 1 have had no oppor-
tunity to investigate the text of these
bills, but the purpose of the Federal
legislation recommended by the COM
mittee or by myself and the State legis-
lation Endorsed by Governor Wilson are
Identical, one being so drawn as to pro-
hibit these practices within the State
and the other within the Federal Union.
In the preparation of these measures
the committee and it's chairman are in
debted for invaluable assistance fur
nished without charge by some Of the
greatest jurists in the nation, the most
conspicuous among them being Louis
D. Brandeis, of Boston, and Robert r.
Reed, of New York.
Wilson Insuires Confidence
Governor Wilson'S brave and cheer
ing declaration that these acts are de-
signed to put an end to trusts and mo-
nopoly under the laws of New Jersey,
and I confidently predict they will &C
complish that much desired result, will
inspire the courage and renew the hope
Of every progressive Democrat in the
country.
against the mightiest as against the
meanest of malefactors If those who are
intrusted with it's enactment and execu-
ton are not hampered by obligations to
or deferred by the dread of the pelf or
power of the violators of the law.
The trouble hitherto has been that
the men who are Entrusted with the en-
forcement of the law dreaded the power
md the money of the men who are VIC
lating the law. The Congress and the
Senate are being literally winnowed OF
the legislative agents of great corpora
lions and of men who hope to obtain fat
retainers after retiring from publ life
by so demeaning themselves as not to
incur the ill will Of great railroad sys-
TENS and manufacturing concerns.
Bryan struck the keynote when he
declared that the American people will
no longer tolerate public men who are
under any obligations. financial, official
or professional, to the privileged vio-
lators of the law and plunderers Of the
people.
with fearless and incorruptible men
to write them laws and with woodrow
Wilson to enact them, we are in tho
dawn OF new and brighter industrial
era"
In a rival political camp from Mr..
| Stanley, but with purpose as patriotic
and disinterested, Senator La Toilette
has been hammering away along the
anne line. Both he and Mr.. Stanley
we're assisted in great measure by Mr..
3randeis, and. If rumor should be verj-
led and Mr.. Brandeis become Attorney
General under Wilson. the Kentuckiar
1 l. 81