The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-19

law as perhaps the bisgest thing In
tho way OF really constructive legisla-
ton TINT has been accomplished by
the Congress, The political strength
Of tho measure is Indicated by the fact
| that even Republicans do not criticize
1t now. Recommended many ReDubli-
can votes OIL It's final passage. and only
last week Representative SeDero T..
Payne. OF New York, ranking Republic
can OF theI Committee on Ways and
Means Of tho Hougo. praised the meas
ure. merely taunt!ng tho Democrats
good for having drawn heay-
lily on tho work OF the National None
tary Commission. which was dominated
by Republicans.
TWO OF the three measures on the
anto-trust legislative program were en-
| acted IN this session. They were the
Federal Trade Commission bill and the
so-cailed Clayton bill. experimenting
the sherman 4Apti-trust act. The third
measure. known as the Jinyburn Stock
and Bond bill passed tile House, but
was subjected to criticism In the Sem
tority of the committee jns charge was
divided into as many factions as It
had members. and the bill was silently
put to death without any consideration
| Oh the floor OF the Senate.
Trade Commission Bill.
| The Federal Trade Commission law
abolished the Bureau OF Corporations
and turned over it's functions and gave
many new duties to new commission
| TO be named By the President. The
commission will be named IN December
| and will take up Its work with the new
year. Joseph Il. Davies. OF Wisconsin,
the present chief OF the Bureau of Cor
porations, in all probability will be
chairman OF the Trade Commission.
| This was indicated recently when Mr.
Davies resigned, his place as national
| committeeman. from Wisconsin and also
| the secretaryship OF the Democratic
National Committee. This was done to
avoid the criticism Of politics heaped
upon George b. Cortelyou when the
inter accepted. the craftsmanship OF
the Republican National Committee in
| tho presidential campaign OF 1904 az
ter having been Secretary OF Commerce
and Labor. The Bureau of Corpora
| tons was under the Jurisdiction of
Secretary Cortelyou.
The Trade Commission Will receive
reports from all corporations other
than common carriers, capitalized at
SJ,Q00,00Q or more. On direction from
! the President. the Attorney-Geperal, or
either House or Congress. the commits
sion Will investigate corporate actlvi-
| ties II Will make public reports and
| aid the courts In formulating and car
! rying out the DEGREES OF dissolution.
The Clayton bill supplements the
! Sherman act by specifying particular
| deeds as constituting restraint Of trade
| Price discrimination and tying con-
| tracts are made unlawful where they
substantially lessen competition. Labor
unions are declared lawful and human
| labor mot n commodity or article of
commerce. The law forbids intunc-
| lions restraining persons from quit
| ting work. 1t forbids holding compan-
| les where they restrain commerce or
tend to establish monopoly. Interx
locking directorates among banks
| where any ope bank has deposits capi-
tai. surplus. and undivided prolts Of
| moro than s5.0Oo.0Oo are forbidden. The
law strikes at the old New Haven man.
| agement by making the embezzlement
OF funds belonging TO {, common car
| Iier Federal penalty, and the princi-
| pie OF personal guilt is established.
Averted Railroad Strike.
An employees arbitration act for me-
diation, conciliation and arbitration in
controversies between employer and
employees has been enacted. According
to Majority Leader Underwood, of the
| House, 1t has already succeeded in
avertinS the greatest RAILROAD strike
/ in the history of the country, involv-
ing every railroad west of the Mis-
! sissiDpi and north OF the Pssomac
| River.
While many Of tie Presidents recon-
1 me ndatlons at the beginning OF the
session have not been put on the stat
| ute books. the outbreak OF the war In
Europe has caused him to make other
/ suggestions to Congress. which have
resulted I'm important remedial Ieeisla-
ton. Money has been appropriated
| for the relief OF American tourists
! abroad Am act has been passed to
permit the registration of foreign
| built ships, and another creating a
bureau Of war-risl Insurance In the
Treasury Department M an adjunct TO
, existing commercial bureaus
Before the European war diverted
all eyes from Mexico, that country
had occupied large part OF the time
hof Congress. Money had to be appro-
Priated for the relief of Americans in
Mexico and for the support OF Mexican
soldiers informed, on American soil.
More i;nSortant still, Congress In. the
present session was called upon TO
Justify the seizure of Vera Cruz with
out formal warfare, At that time an
act was passed To provide for the rails
ing OF volunteer troops i'm the time of
actual or threatened war.
10 One of the greatest struggles of the
session hinged arounrt the repeal OF
the clause ofIthe Panama Canal act
eMempting American coastwise ships
from tolls. Many Democrats in the
House, under the leadership of Speaker
Clark and Mr.. Underwood, opposed the
Presidents view of this country's
treaty obligations. but the President
was finally able to induce both houses
TO reverse their previous action.
The last duty Of this session was
iincidentai to the war in Europe. Ie-re-
quired the imposition OF so-called war
taxes to make UP for the deiicit al
ready resulting from the curtailment
OF imports from the belligerent coun-
tries. y bill substantially repeating
; tho provisions Of the Spanish American
War measure passed the House, impos-
ing taxes that were estimated rs ca
pnble OF producing sos. 900, COO /oT
revenue. Senate amendments already
adopted have materially reduced that
estimate.
.Miss Evn Booth VIII Speak
Especial to Tho Times-Dispatch.J
LYNctlBuRCi, VA. October 1S.-aIisa
Iva Booth, commander of the Saliva
tlon Army, will make an address al the