The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-07-11
Referendum Taken by Cham
ber of Commerce of United
States on Pending Measures
Shows Interesting Results.
OVERWHELMING VOTE
AGAINST INTERLOCKING
Five Hundred and Fifty-Nine
Organizations in Thirty-Six
States Record Their Views
on Trust Measures.
10y LEASED wire To EVENING IIeraId.i

hNNrNea WIZ ~ NsNtbAh8 hARt NaAAfi
Washington, July ii.--ltesults of a
referendum on the trust bills pending
la congress, conducted Oy the Cham
ber of Commerce Of the United
States among It's constituent mem
bers, were announced here today.
some organizations declined to vote,
giving as their rcasoa thHt they re-
gaTded such legislature unnecessary
az this lime. Business organizations
IN thirty-six states, casting total
vote of 55g. recorded their views.
The vote against attempt by statute
10 forbid Determinations In prices OF
commodities was 53i TO %.
That proposal to compel persons
controlling the product of mines 90
sell To all applicants who may be
responsible Is wrong In principle
and unworkable In practice, was
voted 527 to 81.
That there should be no statutory
prohibition of conditions accom-
panylng sales and leases 90 the effect
that huycry ~ lcssees vanuot handie
or use the products OF competitions.
was voted 5i4 ia 30.
That final decision In an equity
suit brought by the government
which establishes the existence or
non existence of restraint of trade or
| OF a monopoly should Oe conclusive
evidence as To the same general fact
in private actions brought against
| the slime defendants under the anti
trust laws. was voted asa To GO.
That intcrlocking OF directors
among compeutiye business corpora
tions. including railroads, should DO
prohibited regardloss of the size oil
the corporations. u elimination OF
competition among the corporations
In question would constitute viola
tion OF the sherman act was voted
igl TO 81.
That interlocking of officers and
directors between railroads and I'M
dustrial concerns with which ih'i
transact any substantial volume ol
business should be prohibited eXcep
In such instances as the Interstate
commerce commission may determ
inc are not detrimental Co the pun
lie interest was voted 4si tn 80.
That there should be- legislation II
form which would not pronounce
Illegal an existing situation bu
would authorize the interstate com
merce commission on finding detr
ment to the puoii" Interest in any
intorlocking. 20 order that 60 be ter
minated was voted 430 To a..
That problems involved In prevent
ing concentration Of credit should De
referred for Investigation and rec
ommendation to the federal reserve
hoard or some other competent hodN
was voted i40 to 43.
That corporate ownership Of sl"''
directly or indirectly Of cnmpetii"
corporations should bo prohibited J
elimination al competition omonl
the corporations I'm question W"al'
constitute violation of the Shermh
. act. except Ia such Instances as IN
Interstate trade commission, or IN
interstate commerce commission. %
, the ease of railroads may determin'
are not detrimental to the public ~
terer was voted 432 60 -.
That there should DE no attemn
. TO regulate the shares Of stock issue
lbs corporaiions engaged In inter
p state commerce. was voted 49, % a