Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-01-21
Measures Being Prepared to
Garry Out President VIII
sons Suggestions.
CONFERENCE ON SUBJECT
is HELD AT WHITE HOUSE
Creation of Interstate Trade Commits
sion and Prohibition of Interlock-
ing Directorates Among Them.

Five bills to carry out the suggestions
of President Wilson's trust message We're
being compiled in Congress today
The bills will embrace the following:
Creation of an interstate trade commits
sion with inquisitorial powers into cor
porat and authority to aid the courts
and keep big business within the law.
Prohibition of interlocking directorates
in interstate corporations, railroads and
national banks.
Empowering the interstate commerce
commission to regulate the issuance OF
railroad stocks and bonds.
A Sherman law definitions bill winch
would define specifically what constitutes
conspiracy in restraint of trade.
A general trade relations measure seek
ing to eliminate ''cut throat competitive
business, and which would provide pun
ishment for individuals instead Of busi-
ness, and make 1t possible for firms or IN
dividuals injured by unlawful business
restraint to avail themselves of findings
against combinations and institute suits
in equity for relief.
Action Follows Conference.
Following a conference last night at the
White House, members of the House ju-
dietary and Senate interstate commerce
committees went to the Capitol today with
the program as outlined in mind, and
revision of tentative drafts of measures
already prepared was undertaken.
Senator Newlands, chairman of the COM
mittee which will have charge OF the
legislation in the Senate, and chairman
Clayton and Representatives carnn ana
Floyd of the House judiciary subcommit-
tee on trust legislation were in the con-
ference with the President.
Representative Adamson, chairman OF
the House committee on interstate anu
foreign commerce, which will have jur1s-
diction over the bills relating to govern
ment supervision of railroad securitles
and interstate trade commission expects
to confer with President wilson IneFe
Is already pending before his committee
railroad securities bill drawn oy MN.
self. which will form the basis for the
administration measure. A trade reia-
tions bill drafted by the judiciary SUD,
committee and Senator Newianos' anu
shown to the President last night. may
be introduced by Senator Newlands. ana.
with other measures pending, turned over
to the Adamson committee to aid It in its
work.
A meeting of the entire membership OF
the judiciary committee has been calieo
for tomorrow, when bills relating to trust
subjects will be reviewed and prooaoly
will be introduced the following oay-
Senator Newlands had another conference
with the President today.
Shows President Draft Of Bill.
Senator Newlands was with the Presi-
dent only a short time, laying before MN
g. draft of his bill for an Interstate
trade commission. Mr.. Eewiands pro-
posed consolidating the various bills into
| a single administration measure Inc
question, however, was not determined
| finally, and will perhaps not De settieo
| until the bills take more definite forh
and are ready to be reported from the
congressional committees.
| Senator Newlands also discussed va
cancies on the interstate commerce COM
mission with the President. Nomina-
tious are expected within a few days.
| After the House judiciary committee
had taken up it's work Chairman Clay
ton said it hoped to introduce the trust
question of consolidating the three bills
amending the Sherman law, prohlpit1ng
Drice cutting, making guilt personal ano
defining the limits Of the Sherman la"
in a single measure was discussed
| Chairman Adamson of the House IN
+erstate and foreign commerce COM
mittee got down to work at once max
ing plans for his committees snare IN
| the antitrust program He nei1 ID
long conference today with r. ). rar-
| reu. solicitor of the interstate com
merce commission, and arranged 1oi
the cooperation of the commission In
the framing of the bill which "ouio
give the commission authority 70
| SUPERVISE the issues of railroad secur-
tiles Chairman Adamson said that ne
also would confer with Commissioners
of Corporations Davies as to the Dill to
create an interstate trade commission.
Reports that the President sid ma. had nere nele
mot relished by anybody at the Whlte
House today. 1t was explained that the
President is not given to secret con.
ferences about Legislation wnicn ne ,, ~
land that his work in the White House
has not been secret. 1t Is TACT thai
there is made public every day a
schedule Of the callers m booked 70 ise set
Iof the names of the callers as thexe has
been in previous administrations. DC
icasionally a prominent senator or rep.
lresentative who mas not peen DookeS
flor a given hour may drop in and ash
flor a few minutes with the President
When possible to do so he is sandwichet
lin with those who have been put dowI
to call.
, II also happens that the President ma
want to see some one at once and ask
the person to call. but there has neve
been any mystery about work in tn
: White House. While the President doe
not go out into the byways and tell wha
his callers are talking about. he has nc
undertaken to censor his visitors as t
what they shall or shall not say abou
their calls.
J, The White House today contradicte
stories that the President wants to rus
the trust bills through Congress withou
!. hearings by the committees 1t was state
! that the President desires the fullest Sol
of investigation of the views Of the bus
: ness and banking world upon the bill
that will be placed before the committee
I and he is willing that If these hearing
v develop facts contrary to the preser
views Of the administration the bill
shall be changed accordingly.