The Tabor independent. [volume] (Tabor, S.D.) 1913-19??, 1914-04-16
PRESIDENT DENIES
ANTITRUST BILLS
WILL BE SHELvED

3 fFihSoh dRiu 1iIhlEIIldn Std1bOh 0iAA n.
Representatives Floyd and Carlin,
or the House judiciary COMMITTEES, z
after q conference agreed today to
consolidate In one measure n
main features of the Sherman law
definitions bill n the bills to pro-
hibit ~interlocking directorates and
holding companies. The president
agreed to the insertion Of h prin-
ciples embodied in two measures
which passed the House last year
Wv providing Tor the regulation OF IN
functions in labor cases and trial
by Jury in contempt cases.
There is to be no curtailment OF
the administration program" said
MI. Clayton. %H"Tae president told
us when we asked him about 1t n a
he would insist on such legislation
during the present session. We are
practically ready with u bill
now"
( Washington, d. c.. April 14.-Jres-
ident Wilson today fatty denied re-
ports that the trust legislation pro"
gram has to be dropped or curtailed
To callers, he took the ground that nc
such thing was in contemplation so
far as he was concerned, and that he
thought it needful to pass the trust
bills in order to keep faith with thu
SNAAAlNAJs IIC0AdGIAl w tADOlA pGAAN " va
asked by callers whether the plan Of
passing the interstate trade commits
sion bill and letting the other go over
met his approval, that no such plan
had been suggested to him. -.
The president conferred today with
Chairman Clayton, of he House com !
mittee, and a subcommittee of that
body on the trust program.
President Wilson's attitude today is
generally interpreted as meaning that
he will insist On congress remaining
here and working out a ~comprehen-
sive trust program. At this time he
Is not In favor of s~idetracking the es-
sential part Of the trust program and
putting through one bill which would
look chiefly to investigation and rec
ommendation for legislation later.
|. Some Have Cold Feet.
1t is entirely true that an increas-
ing number of the democratic leaders
In the Senate and House are getting
cold feet" on the trust question, and
would like to drop 1t,
But If the president adheres to the
attitude he took today, the whole trust
program will have to be carried
through.
This means that unless there is d
change of front, congress will be here
most of the summer.
A sub committee Of the Senate in
terstate committee Is
working out a single, comprehensive
trust bill which promises to be fat
reaching.
The following story, carried by the
Associated Press, is not strictly in &C
cord. with the factg as set forth by
Mr.. Snure, The Tribune's Washington
representative. following a personal
conference with the president this
morning:
ANTITRUST legislation, supple
mentary to the Sherman act prob
ably will not be undertaken al
this session of congress on the board
scale originally outlined by the admin
istration. Democratic Senate and
House leaders agree that a practical
solution Of the vexatious problem ia
through legislation had <een perfected
Pass But One Bill.
1.-THE plan, 1t was asserted, is to pass
one bill which would create an inter
state trade commission with broad
powers to investigate affairs of cor
porations and with specific authorize.
ton to inquire into the relation to com.
merce Of interlocking d~irectorates
holding companies, stock watering, the
issuance of railroad securities and
price Determinations which tend to de.
stroy competition. The commission
would recommend to the next congress
what further trust regulative legisla,
ton it deemed advisable for the vel,
fare Of the country.
such q elimination Of an antitrust
legislative program, originally sug.
gested by President Wilson in a specia,
message to congress. has been working
out In conferences between the presi
dent and Senate and House leaders fol
many weeks. The task tentatively out,
lined in bills proposed assumed pro.
portions that preeluded it's accomplish,
ment. leaders believed, In view OF
other legislative problems confrontinl
congress, and also because OF the
many conflicting opinions of men in the
council of the dominant party as tC
just what should be done.
Favored by Wilson.
1T was pointed out that President
Wilson, in his trust message, sought
merely to suggest to congress evils OF
big business which needed regulation
Since then he has had many con.
terences with members of the House
and Senate committees which have
from time to time, submitted tentative
trust regulation bills.
Subcommittee at Work.
"Some time ago a subcommittee OF th.
Senate Interstate Commerce commits
sion vas appointed by direction of Sen.
ator Newlands, the chairman, to incor
porate into one measure all features OF
the various bills contemplated. Since
that committee has been at work many
stumbling blocks have been encount,
cred as to how far congress should 20
In enacting legislation supplementary
to the Sherman act; just what would
strengthen the provisions Of the ac'
and just what might weaken il.
After many conferences Of democrats,
and republican senator's, who in turf
have conferred with House members a.
the Interstate commerce and judiciary
committees. a tentative amendment II
the Senate bill to create an Interstat,
Commerce Trade commission has beer
designed to take the place OF proDoseC
bills to prohibit or regulate interlockinf
d~irectorates, holding companies. stool
watering; to provide for government
regulation of the issuance of railroa(
securities and to solve the problem n
destructive price discrimination T
would provide that all these nrohIam,
pc referred to the proposed interstat,
trade commission, directing an exhans
tive study OF the subject for the in
formation of congress-"
MAY NOT STRIKE.
Rome Anril ia u aoAa,, - :"