Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-10-17

tsy MORNING JOURNAL SPECIAL Leased wiREl
Washington, oct. l6.-The first
regular session of the Sixty-thrd con-
gress which began December |, 1918,
Is about to be concluded. Begun a.
an uninterrupted continuation OF tn"
special session called by President
Wilson "a month after his paugure-
tion, it is the longest sitting for con
gress in the history of the nation.
The work, including that of the
special session for tariff reform ana
income tax provisions, represents the
legislative achievement of the Hrst
democratic congress since March A.
1897. The chief enactments include
the new currency law antitrust leg
islation repeal of the toll exemption
provisions for American coastwlse
ships In the Panama canal and the
provisions to build a government ran
road in Alaska.
The congress was remarkable Tor
the fact that in less than two years
it had to deal with conditions arising
from two foreign wars-the revolu-
ton in Mexico and the European con
flict--and was On the verge Of facing
a war between the United states amt
Mexico. Both of these situations de-
manded emergency legislation, some
Of which may have far reaching ei-
feet upon the future course of the
nation in its foreign affairs.
President Appeared Five Times
AS d rule the utmost cooperation
between democratic leaders in con-
gress and President Wilson marked
the session, although one notable
break occurred In the party over re-
peal Of the tolls provisions OF the
Panama canal act. This led to an
alignment which placed the president
and some of the party leaders on OPP
posite sides. Among those who tooH
issue with the chief executive were
Speaker Clark and Majority Leader
Underwood Speaker Clark's defense
Of his opposition to repeal furnished
one of the most spectacular ciimaXes
in the history Of the house
The president appeared before JOINT
sessions Of the house and senate on
five occasions. He delivered his gen
eral legislative message December 2
Subsequent messages were on anu
trust legislation, the Mexican sltua-
ton, pleading for continuation %
"watchful waiting the tolls repeal
bill and the necessity for war reNe-
nue. bill
important Laws Since December i
Most important of the laws enact
ed by the congress since Deeei'loei
/, 1913, We're:
Federal Reserve Act creating
twelve regional reserve banks, AM
federal reserve board of control ana
reforming the currency system
Federal Trades Commission AeA
creating a commission of i've mem
hers and absorbing the bureau ol cor
porations TO investigate organization,
conduct and practice of industrial
corporations: inquire into unfair
competition and alleged violation oil
antitrust acts; to aid the department
of Justice and the courts in the prose
cution of business offenders TO MAKE
public information deemed to be OF
public interest relating to industrial
conditions and to recommend reme-
dial business legislation.
The Clayton Antitrust act when
provides for guilt Of individuals con-
nected with corporations convicted or
Violating the antitrust laws, limits
interlocking drectorates, prohlpi's
holding companies which VIII lessen
competition. prevents exclusive ana
tying contracts. liberalizes laws re-