The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-04-02
NEW DELAYAHEAD
FOR ANTITRUST BILL
Rural Credit Legislation Will
Be Considered First
by Congress.
SESSION TO END EARLY
Revision Of Sherman Law
Would Make Projected Ad-
journment Impossible.
SESSION TO END EARLY

WASHINGTON, April 1T became
known to-day that the Administrators
antitrust programme Is likely to be still,
further delayed By the consideration OF a
rural credit bill at this session. II II the
purpose OF Administration leaders having
charge Of the rural credit legislation to
procure action on the measure they are
drawing In advance OF the antitrust bill
They expect to get the measure through
the House At least In advance Of the anti.
trust bill and hope that tho same thing
Will be practicable In the Senate.
This disclosure serves to strengthen the
belief held In many quarters Tor some time
that the antitrust programme will not be
completed at this session Of Congress
Parliamentary experts believe that IL will
be extremely difficult to pass the antitrust
bill and the interstate trade commission
bill through Congress in addition to other
important matters
For several weeks reports have been cir
culated that the President was about to
give up the idea OF enactlng all of the
antitrust legislation at this session TIL,
chief thought that was represented as
moving lin in the matter was that It
would he advisable for the Democratic
country on the tariff and currency issues
unclouded by a discussion OF the revision
OF the trust laws.
In addition II was believed that insist.
ence on the antitrust programme at this
session would make II impossible for Con-
Eress to adjourn until very late In the
summer. wit. the result that the Con-
gress!onal candidates would not have
adequate opportunity to make their cam
palgrs. IL was recalled that the Presi-
dent the first OF the year agreed with
Majority Leader Underwood and other
Democratic leaders tina, 1t was a prac-
teal party necessity that this session
should end early
The disclosure that an effort is to be
made to pass "A rural credit bill before
the trust legislation Is taken up In the
House followed "a conference az the White
House to-day between the President and
Representative BullSley OF Ohio ard SEN
a'or Hollis OF New Hampshire. who arc
drafting the Administration measure
The two members OF Congress discussed
with the President the work they have
done on the rural credit bill The meas
ure Is by no means compete yet. but the
President and his advisers are In agree
ment upon the fundamentals OF the meas
ure. 1t is not believed that a very long
time will be necessary for the completion
of the bill so that IL may be introduced
In both the House and Senate with the
stamp OF the Administrations approval.
II was learned to-day that considerable
pressure has been exerted upon Admin
istration leaders to have the considera-
ton OF the rural credit problem hurried
along. The President in formal state
ment before the enactment Of the cur
rency law last fail. let II be known that
he considered rural credit legislation az
necessary complement to the currency
law itself. II is understood that he deems
the furnishing of better credit facilities
10 the farmer, such as are afforded bust
nv the Glass-Owen law a no
not only the demand OF party wisdom but
OF administrative justice. Besides IL Will
be good politics for the coming CAM
pa!gn.