Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-03-04
Forsian Trusts Boost Rricea.

t. q
Foreign Trusts Boost Prices.
Foreign industrial combinations were
charged with maintaining the high cost
Of living by Horace Stern, Ph,ladel-
phia lawyer. who discussed the admin
istration's antitrust DILL today before
the house judiciary committee. He
urged the Sherman law be amended to
forbid the selling agents Of foreign
trusts or monopolies to dispose OF thei.
products in the United States.
There exists. notably In Germany
and France. very large combinations
and trade associations formed for the
restriction Of competition who would
merely pocket as additional profits the
tariff duties formerly levied by our
government" said he. Our tariff pol.
Icy is arbitrarily defed by foreign
trusts"
National Honor at stake.
The president holds that the nation
al honor Of the American people Is at
stake and that European nations
should not be allowed to get the i'm
preston that tre6ties made BY the
American government are no. adhered
to both in letter and spirit. Tho ex.
emption clause. he points out, was
passed on the assumption tha. while
the Hay-Pauncefote treaty guaran-
teed equal treatment to all nations in
the matter Of tolls. the document was
to be interpreted a. meaning air ma
tions except the United states.
The president believes there should
be; no dsbatabisi ground on treaties
once made and believes the Unite,l
States 10 in honor bound 20 keep the
spirit Of the Hay-Pauncefote treaty.
Originally Mr.. Wilson had nat IN
tended to deliver q message on this
subject. He had conferred with sena :
tors and members Of the house and
sentiment in favor OF the repeal ap-
pears to him to be strong.
international Question. K
Some Of the leaders, however. were
Of tho opinion that the international
phases Of the situation should be em-
phasized in a communication from the
president to congress. to impress up
on those who had voted for the ex-
emption previously the necessity of
changing their votes regardless Of do
mestic questions involved. a
The message to congress will open
the fight on Panama tolls question in
earnest. Senator O'Gorman, chair
man Of the inter- oceanic canals COM
mittee. Is expected to oppose the
presidents view. Lately It has been
said that a majority OF the commit
House IL confident that in both houses
republicans Joining democrats In max
Ing the change.
Early Action on Alaskan Dill.
Early action on the administration
bill for the development Of Alaska's e
when the house public lands committee
report. A committee amendment would
limit the measure to reservation Of all
surface rights to the government.
Drafted after exhaustive hearings
and many conferences between Chair
man Ferris and other members OF the
committee with Secretary Lane, OF the
interior department. the measure would
provide that coal lands be leased IN
blocks OF from 40 to 2.ssA acres for not
more than twenty years. the resultant
rentals to 70 into fund for Alaskan
development. t N
Fines and Imprisonment would be
imposed on any one found to be in con. !.
troll Of more than the maximum number
Of acres. A royalty Of cents 1 ton
would be charged for III coal mined,
In addition to . rental Of IS cents an
acre a month for the yhrst year, 80
cents an acre . month for the second
and succeeding years up 70 nve. ana 81
year for the remainder OF the twenty
year period.
The government would reserve for its
own use 5000 acres in the Behring ana
1850 acres In the Matanuska field. The
purpose is to develop these lands a. Z
source Of fuel supply for the navy and
II necessary to restrain private mono.
poly.