Bisbee daily review., 1914-12-29
CORPORATIONS WILL BE SCRUTINIzED BY
 NEW TRADE BOARD
Old Bureau Will Turn Over to Its Successor Much Valuable Data Concerning the Industrial Field in This Country.

sioner Joseph D. Davies made to Sec retary Redfeld today, the last report of the Bureau of Corporations At the close of eleven years work, it soon is 1 to be absorbed by the new Federal Trade Commission which will carry forward it's activities and develop new delds according to the act of Congress which created it
 Commissioner Davies reports that before the Bureau is absorbed by the 1 lew Federal commission, 1t plans to complete additional and final reports 1n tobacco. farm machinery associa ions. taxation of corporations, oil, rust laws and conflicts of corporation avs and leave it's force as free as possible for the new work of of the rade commission.
 That immediately upon the organ zation of the new Federal Trade com. mission created by the last session of Tongress there win be available for ts use not only a large amount of val lable data, but cohesive and eff- ient body of employees trained in the specialized kind of work which the commission win of necessity carry on S made evident by the report This 'eport reveals the Bureau of Corpor- ltions to be very busily engaged in he preparation of data for the new Commission into which it is to be merged, and to be rapidly completing investigations on which it has been 'ngaged. with the purpose of making he Bureau force available at once pr the work of Commission.
 During the past few months, a gem ral comprehensive survey has been nade by the Bureau of the whole ldustrial field, with a view to having immediately available to the Commits ion. if needed the general facts of he processes of manufacture, organ ration. and dominant financial con rol in any line of industry. large ard index system. showing the di- ectors of the principal industrial ailroad and public utility corpora ions. insurance companies, and banks, as also been completed in line with his purpose This preliminary work
 as revealed that there are approxi- nately 6.5OO corporations, exclusive those under the jurisdiction of the interstate Commerce Commission ,hich have a capital stock or bonded nd othe indebtedness amounting to I ,0OO. GOO or over and which are en aged in interstate commerce, in ad-
 iton to many smaller corporations
 which will likewise come within the jurisdiction of this Commission. Over
 nethird of these corporations have omntarily furnished to the Bureau .pon request reports as to their fnan | ial condition. organization, and other aluable facts. to be at the disposi- ion of the Commission upon its or \ ganization
 \ 'clya frhNWgym-ceynev5pwhichu
 During the past year the Bureau has ieen engaged in a number of eXten- \ i've investigations, most of which we're made at the direction of Con ress. Reports on the taxation of cor orauons, covering the tax move aent of the United States in 1912, and he system of corporate taxation In
 orce in the Mountain and Pacific
 States. were issued during the year report covering the conditions oi
 reduction, wholesale distribution and ,rices in the lumber industry, as well
 s the results of a special investiga
 ion into the shingle and lumber in
 'ustry of the State of Washington
 vas made public
 At present the full force of specia \ gents. attorneys, statisticians ana 1 ther employees are exerting every ef
 'ort to complete the remaining worl
 the tobacco industry, on farm ma
 hinery associations, on state corpor
 lte taxation, and on competitive con
 itons in the retail lumber trade. arr
 be issued in the immediate future
 'pecial reports on the fertilizer in
 ustry and on the investigation mad
 under the resolution of the Unite
 States senate as to certain allege iiscriminations in the Oklahoma o
 ields are being rapidly brought int
 hape for publication. The investig'
 ion which the Bureau has been nal ng into the economic character an
 acts of the system of resale pric
 maintenance, ie., the practice of mai s facturers and distributors to fix th Q l lrice at which retailers or other dea
 CTS in their products shall sell 10 col D mmers OF other purchasers --is ra y dly advancing. and the investigate ,eing made into the divergence
 state laws. relating to foreign corpo D ltions. with the purpose of securir
 more uniform system with it's 2 endant benefit to the business wor
 mo to the public, is nearing comp. f tlon.
 x With the completion of these ! ports. the eleven years work of q
 Bureau of Corporations will cloi
 During that time this Bureau h
 made over forty reports on Che va n ous investigations of the largest
 dustries in the country and in ad u ton has been constant assistance .aN .f.f