Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-23
100000 WILL
|. Be ASKED FOR
TRUST INQUIRY
Investigation To Be Greatest
Ever Undertaken by Govern
ment, Says Davies.
PREDICTS REMEDY AT LAST
Declares Opposition of Wilson to
Monopoly in Industrial Field
Is Well Known.
PREDICTS REMEDY AT LAST

| WASHINGTON, Nov. 22-Joseph
E, Davies, Commissioner of Corpo-
rations, declares he will ask Con-
gress for 100000 to defray the ex-
penses Of an investigation of the big
Interstate corporations which his bu-
reau Is about to institute under the
direction of President Wilson. It will
be the most extensive work ever I'M
dertaken by the Bureau OF Corpora
tons. II Congress appropriates that
amount It Is the intention of Mr..
Davies to double his present force.
The investigation" Mr.. Davies
said, will be two-fold. We will make
a scientific study Of the question of
monopoly to determine the question OF
fact as to the alleged advantages of
economies in production by the trust
form of enterprise. The attitude Of
of monopolies is, of course, well
known, and my own adherence to the
declarations Of the platform never
has been fairly open to question.
Says Evils Exist.
The Pu1o and Stanley committees
of Congress made exhaustive invexu-
cations, as did also the Committee
on Judiciary of the House and the
Interstate Commerce Committee of
| the Senate and have demonstrated
| that certain evils exist which should
be remedied forthwith. These COM
mittees have given the most care
! full consideration to the remedy. In
, my Judgment Congress- and these
| committees wifi address themselves
to these remedies, and any investi9A-
| ton which this bureau viii make viii
not interfere with or delay Congress
In this work.
His speeoh M,sInterpreted.
7 regret that my speech at Atlantic
City last month should have been In
| terpreted to mean that / believed
Congress should await the deternit-
nation of this question by the Bu-
| reau of Corporations before acting.
The other work OF inquiry to be
| undertaken by this bureau u the
gathering Of Information regarding all
Of the large corporations Of the coun-
try. so that II will be available In
the framing Of legislation or the de-
termination Of executive action In the
future We propose to ask the COR
| valuable information about their or
ganixation conduct and management
which 10 the language employed in
the Law creating the bureau"
Meant No Reflection.
MP. Davies made Il clear EhAe ts
had not the slightest intention Of In
timaeinE that President Wilson'S
mind Ii not made up ON the auss-
ton whether monopolies are good or
bad for the country,a nor did no tn
tend to reflect on Congress when he
said in his Atlantic City speecht
There 10 now no governmental or
other agency engaged in attempting
to get scientific information with ref
ersnce 20 this fact. II is character
istic OF the quality Of mind Of the
President of the United States that
he should desire facts on which to
base his judgment II Is the intsn-
ton and purpose Of the Bureau OF
Corporations, acting under the direc-
ton of the President of the United
States, to make survey Of the in
dustrisl field and an intenstvs in
vestigation of this subject"
Wilson's Opposition Known.
Mr.. Davies said that the President's
opposition to monopoly was too well
known for him to be misunderstood
on that score.
The trust" inquiry which ME-. Da-
vies intends to make will not be con-
nnsd to an intensive investigation Of
one or two corporations at @ time,