The Alaska daily empire., 1914-09-02
INTERPRETERS PLAN.

e AMUEL UNTERMEYER, regarded the equal of any law O yer the world in point of ability and eaInng the author
 of the money trust and the friendly counsel of the administration the formulation both of its and anti programs has announced detail his plan for the regu ton of the business the United States After prang the new tariff law and the currency preliminary steps, and prasng wisdom and business ability of the Wilson administration he condenseS his conclusions follows
 l. Prohibiting all forms of nterlockng control of big com petve businesses of which neockng directors but one of
 many manifestations but is not necessary to interfere " small business or bring it under Federal regulation
 9 Prohibiting holding companies that in restraint ot competition Here again small companies should be excluded from the operation of the Act
 B. Regulating competition with view of preventing the practice of unfair business methods by big buSnes to Ie jury of small competitors.
 Prohibiting the dummy" director and all other forms of secret control so that the responsibility for corporate action shall be fixed upon who fact dominate and guide the cor porate policy and benefit by it's aw,ess acts
 For the protection proper representation of minor ity stockholders
 G. Rgdy regulating and supervising the issue of corpor- ate securities through the agency of Federal Commissions and requiring complete publicity of the purposes to which the pro- ceeds are applied and of the profits of the bankers pro motors and intermediates
 T Abolishng the graft of constituting private bankers as the sole agents depores of the funds of the cor poraton whose policies they dictate and requiring that their funds placed banks where they will be subject to suprys ion.
 Placing the operations of the Stock Exchange under Fed era supervision put end to the long ot shameless manipulation of security through the of the machinery
 
 of e Exchange and to which dishonest practice many of our vast fortunes may be traced
 g. Releasing the grip of the handful of men constituting the Money Trust great interstate railway and indus trial systems by abosng voting trusts reforming our methods of appointing receivers of nsovnt corporations and by placing the control of the courts and federal com missions.
 To- For systematic and impartial enforcement of the Antitrust Law been and is not being gen erally enforced
 H. Taking out of the hands of the AttoneyGenera and furnishing the legal and executive machinery for the enforcement the Courts for the dissolution of combinations adudged to be unlawful and for actually dsntegrag and keeping segregated such corporations and thus ending in which AorneGeneras have been engaged that bringing the administration of justice into deserved contempt.
 Giving every party who is injured by the existence unlawful combination the independent remedy to enJom the illegal dissolve the combination without await ing the sow uncertain and spasmoc of the Depart ment of Justice This right should however be safeguarded against abuse by allowing the Government control of such action at its pleasure and by preventing settlement other disposition of the action between the parties without its consent