The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-06-07
SENATE GETS BILL
TO "SPY" ON TRADE
It May BE Made the Vehicle Of
Passing Entire Trust
Programme.
HOUSE BILLS REFERRED
Senator Brandcgce Attacks
Trade Commission Measure
and Calls for a Crest"

w..,,,...
IN -, -. ,,,,, i'ouse
. " 7'" "h''-'uS' pro-
,,ra.n. A, 'ooN UP t"e
on I,,a.,. es VI t'e Committee
40. -, ',',s "or"'ns
rodo.., -, '''' ''ea''hB
w." ".'''','Ss'oh'
70 emerge from the Senate committee. II
'"e '''' "r'"n recently oy the
'O'''','"e subcommittee OF eight.
o'' was "o' reported ny unanimous
,o''' i"ere was no recorded vote and the
"'"'oers asreen 10 observe strict silence
10 ,he alignment IL became known
ay "'tr IN inc DAY that Senator
Summ'hs OF Iowa and one or two OF his
supporters were IN FAVOR OF reporting the
en're trust Dill al once. while Senator
nrahuesee ana one or two others were
vpposeu u any trust legislation at this
"me'
" was sara AFTER the meeting that In
reporting the biIi Tor the trade commits
sion the committee had not indicated any
purpose TO withhold action at this session
on the other features Of the trust legisla-
i've programme. but that the questions ar
iectlng interlocking directors, holding
companies and capitalization will re-
SsNe treatment later.
Inc motion by which the Federal trade
commission bill was renor,ed WA mad. Ia.
Senator Pomerene of ohio So,a,,. 1,,.,...
and S.r,,or ya,t.,... .''pP
--,.' '''i'i'''i' Hhciioeis Oh the
eo"''f'i''ee' were absent.
mouse biiis referred.
The three Administration buIs ha,
passed IN. Hons. ,.s,,r,,,,, -
-. -. ''9'e'"a' were referred
" committees senator Overman made a
Hhotioh' Which the Senate agreed to, re-
ferring the Clayto bill to the Judiciary
Committee and tha two otb,r ,rus, I'm
10 tho Cor,r,,,,,, ~, I,,,,...,-,. 80 us
,,,,,.. -, Commerce.
Sp''''"s oi 'he antitrust pro-
sramine between the two committees is
to this time IN, scna,. ,n,or.,.,a ,,....
'neIre Committee has handled the entire
antitrust programme.
Nv r.rortt,, 49,. ,., ,-, ,.,,,
a.. ''''seo" o'i
e ""o'e ec"era' SUBJECT OF trust lests-
laton VIII be brought before the Senate
Senator Newlands has already given notles
that he will ,sl, .h -.
,rns, I.a,.i,,,to,. a " "'aNe
''e''''''o" 'hc uhnh'shed business
"a soon as the Panama Canal tolls bill
has been passed. 80 there is a fair pros
pect that before the end of nex, ,,..,, ,ho
trus, o,,os,t,,, IN -. H.. VS.
Ssna,a Jaha,as ' w "'e 'oP'c III the
Eysn IL ~. s.,,. oo,,.,
have iurisdi"ti,, -, ~ ', when
isg,s,eti,,a 80, - .ne ,sS' VI the trust
concIms,nr a. 80" w not Ieach
tbsv viii rs,or, ,ho Va .eslsiat'oh
cured An the senate bv nf,ar,ms 20" ,o "
inei,tn. S,,a., ne 9ues'ions OF inter-
cani,,s,,a,,on "'N"s COMPANIES anu
A. .xn,assI,, ,,,
As eApiess the view OF the conserVa-
In,,r.'a,n 49, VI tie SENATE Noinmi.'ee on
trad. cnm,nisa;n,' Nm % 80 W. nem eue'a al
~ cornan,in,,, '..,''n ~ p,hnuese
in ,vbtch D.. oonda,,,'.', ptpPe's '.alcineh'
trus, I.gisIs,Ion ~, r. init io,
wild snrsad h,is,na.. dan '.si 10 we" Vi
NN''
srsl trade comniss,nn Iii ~ ~, .nG Gu
"Jn yie,v ~ ,ha ,,,Taas, - , saiu
PRECISION and the .nnroh.ns,nr '.n,'st' ue
walls in commercial and nnapciai ,.s,,, ~,
regard the proiection of these ,,,,a.,t,,,
concerning the further Insnactin,, "a 49,.
ulation of business nv III Eed.rai g.
eminent into the congrsssio,,,I -, Wv
this time as a grave n,st,ke va" ~
Tho Federal Government slread,. o,,,
trolls Interstate carriers tbrougb ~, ~,
ttrstate Commerce Comnlssion 7, CO..,
trolls banking and currency throuyb ~
Federal Reserve Board
1T Is now proposed that IN. coyerr.
ment at Washington reach out and CO..
troll all private business concerns ana
persons engaged in commerce amen, IN
States through this Federal trade com.
mission The measure creating this con-.
mission Will serve as the vehicle ,,nn,
which to load all the other propo.itIops
granting further regulatory and inouisI
torial powers to the various Federal com.
missions.
All the measures, hastily passed nv tbo
House. can be offered on the floor of ths
senate ms amendments to this b!ll and
every radical proposal whic has ever
been formulated or which the Ingenuity n.
man can devise will doubtless b. PROPOSED
debated and pressed to a vote.
An InquisitoriaI BiIl.
Tat M ono Io,, A..