The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-22
Publicity Of Tentative
Drafts Is Determined
Upon by Committees.
MAKE NO ATTEMPT
TO RUSH MATTERS
President Gives Assurance That
He Is in Full Accord With
Purpose to Hold Exhaustive
Hearings-Some Remedial
Measures May Be In
troduced To-Day.

Washington. January 21.-Publicfty
of the tentative drafts of antitrust
legislation measures suggested by the
President i'm his message to Congress
was determined on to-day by the leg
islative committees In tho House and
Senate. All the bills will be intro
duced. as soon as passed on by the
majority members of the committees,
to be considered as working basis for
full discussion in open hearings.
That there would be no attempt TO
unduly rush trust regulation measures
was asserted positively on all sides.
the President having assured Senator
Newlands, chairman of the Interstate
Commerce Committee: Representative
Clayton. chairman of the Judiciary
Committee. and Representative Adam
son, chairman OF the Interstate and
Foreign Commerce Committee. that he
was in full accord with the purpose
to hold exhaustive hearings
Representative Clayton announced
tonight that such of the five bills as
have been prepared tentatively by his
subcommittee would be laid before
Democratic members of the Judiciary
Committee tomorrow and made pub
lie as soon as possible. he thought
1t probable that some of them might
be introduced to-morrow. The ques-
lions of hearings Will be taken up
Immediately by the committee majori-
ty. the purpose being to begin them
when the tentative legislation prog gram
fnally has been outlined.
To Expedite Matters.
Senator Newlands to-day introduced
resolution which would authorize
his committee to hold hearings and to
sit during sessions of the House, if
necessary, TO expedite the sounding
of Ign on the truss sa,Iestiop. ~ The
7S6H8y6r Hafltee with President 6nfjj
in the day.
Representative Adamson and the
have jurisdiction over the bills to
create an Interstate trade commission
and TO provide Federal regulation of
railroad securities. tonight called at
the White House for Il conference with
the President. Representative Adam
son expects to call meeting of the
cornm!ttce within few days.
1t was stated from AN authoritative
source that OF the five bills under con
sideration, the measure requiring the
deepest thought and which will be of
greatest Importance in the minds of
many. is that which will include Sher-
man law definitions. defining spccili :
cally what constitutes conspiracy in
restraint of trade. That is the meas
ure proposed To reduce the ''deba tn BILE
ground" suggested by President Will
son as surrounding the Sherman law.
Meaning of Restrnints.
Among the suggestions being con-
sidered by the committees as to the
meaning which should be given re-
straints under the law, are the fol-
lowing:
Attempts to restrain or prevent in
any manner vendee from purchasing
any article from another. or using any
article obtained from some other per-
son, whether such an attempt be made
by al agreement. provision, expressed
or implied or be made by condition
IN the sale against such purchase, or
by imposing any restriction upon the
use of the article sold. or by making
in the price any restriction forbidding
the purchaser from dealing in such an
article made by some other person.
Attempts to restrain or prevent COM
petition by making discrimination In
the price or other terms based upon
whether the vendee purchases articles
of particular quantity or aggregate
price.
Attempts to prevent or restrain COM
petition either by refusing to supply
to any other person requesting the
same any article sold, or by coDscnt-
ing to supply the same only on terms
Vorable than accorded another person;
by supplying Offering to supply to
any person doing business In any par
ticular territory articles sold by him
upon terms or conditions in any respect
moro favorable than are accorded to
other customers; by making any con
tract or arrangement under which a
purchaser shall not sell any article in
which he deals to certain persons or
class of persons, or to those doing
business in certain districts or terri
tory; by supplying or Offering to sup
ply any article without charge or be-
low cost of production and distribution
Other Acts of Violation.
Other acts which may be laid down
as violations OF the Sherman law in
cludc spying upon the business of a
competitor obtaining information con-
cerning his business through bribery
and fixing an unreasonably high price
upon some raw material required foi.
producing a competitive article.
Phraseology suggested to the COM
mittec in connection with the feature
of the trust Legislation to make it pos
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