The Adair County news. [volume] (Columbia, Ky.) 1897-1987, 1913-02-19
Wilson's New Jersey Laws
Pleasing To Congress.
Acts Based On StanIey's
Work On Steel Committee. ..
Kentucky Congressman Ex-
plains Three-Year Battle.
RESTORING CONFIDENCE

Washington, Jan. 81. - Especially -
Members Of Congress showed greater
interest in Governor woodrow Wilson
New Jersey antitrust program, as an
nounced In the morning newspapers to-
day, than In any previous act OF utter
ance of the President-elect. They feel
that he has thrown a great light upon
enc 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 NJ. 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 of the antitrust Legislation
contained in the seven bills introduced
In the New Jersey Senate affords me a
profound qualification I cannot express.
For nearly three years I have been de-
handing the an, endments of existing
laws, forbidding 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 dangerous
visionary and a demagogue.
Democrats Organized Probe,
"One of the first acts of the Demo
cratic Congress, however, was to pass
these resolutions and organize COM
mittee of wnich 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-Forming holding companies.
E-Entering into agreements for the
control Of the price of any commodity
F-Owning stock in other corpora
tions.
G-Agreeing to limit production.
H-Attempting to prevent competi-
| ton in the ~ansportation, manufacture
or sale of any article.
After sixteen months of laborious
| Investigation the committee which in
vestigated the affairs of the Steel Cor
! 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 il
! the Senate of New JERSEY. with the eX-
press approval of the next President OF
the United States, bills prohibiting il
that state the very practices which the
| legislation to which I have referred
will prohibit in the United States.
at this time = have had no oppor.
| tunity to investigate the text of these
| bills, but the purpose of the Fedora
/ legi. laton recommended by the com
mittee or by myself and the State legis
! II ton Endorsed hv Governor Wilson are
| identical, one being so drawn as to pro
! hibit these practices within the Stat
| and the other within the Federal Cnior
! IN the preparation of these measures
| the committee and it's chairman are in
! aebted for invaluable assistance fur
! aished without charge by some of tn,
| irlTi in he he m
! conspicuous among them being Louis
! D. Brandeis of Boston, and Robert r
! Reed of New York.
Wilson Inspires Confidence.
Governor Wilson'S brave and cheer
! !Eg declaration that these acts are de
| -igned 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 hop
of every progressive Democrat in tn
county.
THE law can be. enforced as easil!
| against the mightiest rs against tn
| meanest of malefactors if those who ar
! Entrusted with its enactment and eXecu
ton are not hampered by obligations T.
| or deferred by the dread of the pelf @
! power of the Vio'atOrs of the law.
The trouble hitherto has been tina
the men who are !ntrusted with the en-
! forcement of the law dreaded the powe
d the money of the men who are vic
lating the law. The Congress and tn
| senate are being literally winnowed O
| the legislative agents of great corpora
! tiOns and of men who hope to obtain ia
| retainers after retiring from public Hf
! by so demeaning themselves as not I
! incur the Ill will OF great railroad sys
| tens and manufacturing concerns.
Bryan struck the keynote when h
| declared that the American people will
| no longer tolerate public men who ar
under any obligations. financial, officia
or professional. to the privileged VIC
| latOrs of tho law and plUnderers of tn
people.
with fearless and inoorruptible me
to write them laws, and with Woodrow
! Wilson to enact them, we are in tn
dawn of a new and brighter industria
era"
In a rival political camp from Nj
Stanley, but with a purpose as patriot
and disinterested Senator La Follett
has been hcmmering away along tn
same line. Both he and Mr.. Stanle
were assisted in great measure by NJ
Brandefs, and. if rumor should be veri
fed and Mr.. Brandeis become Attorne
General under Wilson, the Kentuckia
end the Wisconsin man could cheerful
support and And comfort in that porto
of the Administration.