Bryan daily eagle and pilot. [volume] (Bryan, Tex.) 1909-1918, 1914-10-16

The Clayton antitrust act which
provides for guilt OF individuals con
nected with corporations convicted OF
violating the antitrust laws. limits In.
terlocking directprates, prohibits hold.
ing companies which will lessen com.
petition. prevents exclusive and tying
contracts, liberallzes laws relating TO
injunction and contempt and exempts
from prosecution under antitrust laws
agricultural horticultural, fraternal
and labor organizations.
Act repeating provisions OF the Pan
ANA canal law exempting from pay
ment OF tolls American vessels engag-
cd in coastwise shipping of the United
States.
The Alaska railroad law providing |
for government construction and OPP |
Grafton of 1000 miles OF railroad with
telegraph and telephone lines from
the lower Pacific coast to interior
waters and mineral region OF Alaska |
at cost not to exceed s35,0O0,000.
Laws placing on war footing vol.
unteer militia and naval militia OF the
states, subjecting them in time OF war
to the call OF the Signal Corps OF the
army.
Law regulating cotton future sales
on stock exchanges. providing a tax
of cents a pound on sales for future
delivery. unless actually delivered UNI
der conditions and grades established
by the Department of Agriculture.
Overshadowing much other import
ant legislation were emergency meas
ures demanded by the extraordinary
conditions precipitated by the war In
Europe. Such legislation enacted or
about to become a law included the
following measures:
War revenue law imposing special
internal revenue taxes TO aggregate
approximate annual revenue OF s1OS..
100000 to offset estimated treasury de-
ficit due TO loss Of customs receipts
during the European war.
Amendment to Panama canal act,
admitting to American registry foreign
built ships OF American ownership TO
engage in overseas and South Ameri-
can trade.
Emergency currency act permitting
banks OF national currency associa-
lions to issue circulating notes up TO
1875 per cent OF their unimpaired cap
ital and surplus and making available
to banks OF the country more than
81 900 900, 900 OF emergency currency
Law creating in the Treasury de.
, partment a bureau OF war risk insur'
/. ance, appropriating $5,O0O.OOO to in
sure ships OF American registry
I against hazards OF the European war
, Resolution appropriating S2,750,OOl
for protection and transportation o.
}. American citizens stranded In Euro
J.. pean war zones and AUTHORIZING the
q American Red Cross society to charte
4 a ship of foreign register and fly th'
American flag.
Q Appropriation of 100000 for extri
!. expense OF diplomatic and consula
n service in taking over embassies, lega
q lions and consular offices OF warrinl
q nations in Europe.
|. Before these unforeseen condition:
which demanded decisive action L
r. cope with the European situation, Cor
g gress had on hand for most OF tn
o session the threatening Mexican en-
\. broglio which came to a climax in tn
\. act OF reprisal by the government /
the seizure Of Vera Cruz. Many time
a the situation was critical, and actuI
q. warfare with Mexico was prevente
10 only by the course of the administers
n ton and the cool heads in Congress
IN in preventing untoward oratorical on
breaks and unwise action. Legisl
IN ton growing out of the Mexican con
n. troversy was limited to the following
N Resolution expressing Congress iu
10 tification OF employment by the Pres
q. dent OF armed force OF the Unite
n. States to enforce demands for affron
n. and indignities against this nation an
n disclaiming any hostility to the Me,
te can people or any purpose to NAL
10 war on Mexico.
Z. Appropriation OF 100000 for tran
,r. portation and care OF interned Me-
,is can soldiers and military refugees al
NJ 100000 for relief and transportatit
he to the United States of American c
liens in Mexico.
nj Other legislation placed upon 4
nm statute books included scores OF loo
an. improvement laws, many measures
lating to land entries and the folio
~. ing:
IA. General appropriations for COVER
of ment expenses aggregating appro
aal mately $1,2OO0OO,OOO.
We. Appropriation of $2O,OOOOOO for r
ers and harbors Improvements at d
.od erection of War department, passed
1 substitute for $53,OOO,OOO specific
Precipitation bill after prolonged {