The evening world., 1914-01-02

II
sifle. needing Company ana 1ris
1allrosA.
vestieation several bi1ls aimed at inter.
locking directorates were framed. The
Senate Co nmittee. which conducted an
extended Investigation Of the trust situa-
ton upon It's own account. considered
bills which included inhibitions against
intsriocking directorates and even the
Administration Currency bill recently
enacted into law was threatened with
amendments to that effect. though the
measure got through both houses with
out them.
Several bills now pending before the
House Judiciary Committee which will
serve A. . partial groundwork at least
for the projected trust legislation Of
the present Congress- contain. provi-
sions against the so-caiied "interlock.
ing control" Of corporations.
Secretary Redhcld Of the Department
| Of Commerce In his annual report
recommended legislation against Il.
President Wilson's Vows upon that
phase OF the question, according to
weil.informed ofiicials. were expressed
In the recent arrangement by which
the American Telephone and telegraph
Company gave up its relations with
the Western Union. Il y generally IN.
dsrstood that the Presidents views
wsrs communicated in Q measure TO
big businsss'' through Attorney Gen.
eral AoRsynoids. who conducted TIE
telephone case negotiations and was
heartily commended by President WI.
son On the result.
MORGAN FIRM MEMBERS pE.
| FENDANTs IN. quits.
Individual members and directors Of
the Morgan Arm and some former msm-
bers are defendants In Government suits
now pending for the dissolution OF COM
blnations under the Sherman law. No
table among them are the suits against
tho United states Steel Corporation.
tho international Harvester Com oany
and the so-calied Shipping Trust
The 0overnmsnt's contemplated 90
ton against the New Haven also would
include the Morgan directors u II 10
finally flied instead Of being ssttlsA cut
Of court. as promises to, 10 the case.
WHAT THE MORGAN FIRM CON.
TRoLLGo.
Members Of the old Money Trust Com
mlttee were away from Warrington to.
day. but their report declared the Nor
gan house had
Twsnsy-tAsss AirsesersAivs IN SASr.
teen haAks a1A tSust companies. hav'
sAS total resources q ol,too, 900 800
40 totAl lepoGlts o. 49, 900.
YeaS aArootsssAADo - fear iAsuSaAsl
eonpsAleo, aAA . controlling stook n.
tsrsst u aAstAss. Ne tetal asssts bsixa
ol,oSss ooo,eoo.
xwsnty 1aseetessA1ps n tvslvS
srasspessatssa systems, Asvaas Q 70.
~ eapltausatAea q ot,o7o, 600 90.
. xwslvs a1ssstossAAps - ssvsa yrs
, AueinS aaA traAaag eespesstaeas. -
eluAanS he United States Steel, Pull
. aaa, 0ssssal 1lsetsle aaA ethsss, Nv
! ias tetal sayltaiisatlsa Of u ~, 80.
60. aaA tStaa gross annual sas1iAel
ssessAiA6 ooee. ooo,eoo.
Yeux lirsetossAaps n three yuSlal
J ltalisy eospssstlea AavaAS . tsta
eapataiassslea q elyelsseoo.ooo "a 70
~ gross snAuaa sasnAa6s q oosAs
: that made sixty.tA1se AlssssezvAip,
II thlsty-AiAs eespossslens, AsvinS -
al resources o. eayltalisat1en q
. elo.o9ey 100000
! The report also found that J. p. Nor
gan 4 Co. had two Of the three votinl
trustees Of the Guaranty Trust Compan,
: OF New York and one Of the three votinl
trustees Of the Bankers' Trust Compan!
Of New York (until George w. Perkin
retired) ono Of the three voting trus
\ tees Of the Chicago Great wsstssn; tws
of the i've voting trustees Of TIE In
q transitional Mercantile Marine Oo0
y pany: one Of the three votinS tus
. each Of the voting trustees In the OK
: pired voting trusts Of the stock of tn
= international Harvester Company
J. Northern Pacific. Reading Compan
and Erie Rraiiroad.
D ACTION MAY DELAY FuRrHGl
WORK OF coNoREeS.
News Of the voluntary reilnquishmsn
y Of directorships created profound sur
: prise In Congressional oarcIes. Naa
: Senators and Representatives bellows
= that the action taken by the Morga
. house would have the effect Of dslayin
:. further work by conssess. Others Ia
. sisted that legtsation VIII b passs
: at the present session to prohibit inter
!. locking cfrsctoratss.
Chairman Clayton Of the Hous
= Judictsrx Committee. Chairman New
; lands of the Senate Interstate Con
msrcs cd amittee. Representative Rel
: srt l. ~ and others who have bee
active sseaFAties Of sssssss1 ~