Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-04-13
TRUST BILLS MAY
Be DESERTED BY
WILSON LEADERS
But President Discredits Cur
tailment-MoCoy Would Be
Disappointment, He Says.

WASHINGTON, April 13.-With the
return of President Wilson today
from his three day vacation in West
Virginia, an early decision was eX-
tration leaders in Congress TO post
pcne until next session all antitrust
legislation except the bill to create
an interstate trade commission.
President Wilson returned her,
early today from White Sulphur
! Springs, West Virginia, and went t,
the White House for breakfast. witt
him We're Secretary McAdoo, Mis-!
| Eleanor Wilson and Francis b. Sayre
| the Presidents son-in-law. Mrs
| Sayre and Miss Margaret Wilson re
mained at the springs with Mrs
! Wilson, where they will stay for an
other week. The President probably
I will again join them on Err day.
May Order Work Reduction.
The President had held that the
antitrust program. the canal tolls
issue and rural credits legislation al
could be disposed at this session with
out keeping Congress in Washington
until late in the summer and inter
fering with the campaign actvtes oi
senators and representatives seeking
reelection. Many of the leaders IN
both houses, however, are not SO op.
timistic, and they will urge the ne
cessity of reducing the work to be
done before adjournment.
Moreover, advocates of the plan foI
limiting the sessions trust Legislation
to the creating of a trade commits
sion will contend that this step would
eliminate the possibility of mistakes
through hasty action on an all-im'
pCrtant problem. Members of the
Senate Interstate commerce commit
tee already are proposing to amend
the trade commission bin so as tC
give the commission authority to in
vestigate the relation to big business
Of interlocking directorates, holding
companies, stock watering and the
like The results of such investiga
items, they argue, would be of untold
value to Congress I'm considering sucf
measures as those proposed for the
trust legislation program.
Proposals in Congress to ourtail the
administration trust Legislative pro
gram were not regarded today with
favor by President Wilson. He said
that while he had heard suggestions
j
only q trade commission bill, he
deemed 1t necessary to keep faitt
with the country and carry out meas
ures for q comprehensive trust re
form.
Mr.. Wilson was asked IL he believed
Congress could dis pose of the trus
program and other pending questions
\ aud get--fs<sfs<l--frafn Washington D,
| the middle of summer, and ne laugh
inEly remarked that If an express
schedule instead of freight schedule
were adopted there would be no diff
Guilty, He added that he did not
mean the cutting off of necessary
discussion, but that the committees
had worked very hard and had pre-.
pared legislation which he believed
could be promptly disposed of
IFrom n stnff COrresp0ndent.l
WASHINGTON, April 1S.-The ad
ministration is having so much trou
be over the proposed repeal OF tn
Panama tolls that 1t has about aban
doned its much-heralded anti-trus
program. No official announcement
of this has come from the White
House, but those who are in clos'
touch with the present and future
programs are greatly concerned ovel
the lack of interest that has beef
evinced by the administration In tn
antitrust program since 1t launched
on its unexpected decision to violat'
the party platform and devote IL
energies to the repeal of the fret
tolls.
Mccoy Would eB Disappointed.
Congressman Mccoy, who is on,
of the members of the judiciary com
mittee of the House, told the Eveninf
Stars correspondent today that h
had received no official intlmatior
that the work his committee had beeI
engaged in day In and day out fol
months was to be abandoned,
Mr.. Mccoy said: II can scarcely
believe It is true. Yet one hardly
knows what to expect these days.
have heard the vague reports Of the
abandonment of the antitrust pro
gram and the substitution for it o
the appointment of an investlgativ'
commission. I sincerely hope thii
will not be followed out. The mem
bers of the judiciary committee have
devoted day after day since the open
ing of Congress to an investigation o
the problems involved in the anti
trust problems as evolved by the
placed upon us as duty by the plat
form upon which we were elected
our work, so far as it's most salien'
features are concerned, is about com
pleted, and but little remains but the
preparation of the bill along the lines
on which we have been investigating
There are certain supplemental fea'
lures which have to be worked out
wherein the members who differ as
to the adequacy of the Sherman ac
as 1t stands at present. Our bill In III
complete form, as far as we have
been able to go, would call for the
establishment of an interstate trade
commission, a provision to prohibi
interlocking directorates Of com.
peting concerns. another to prohibit
certain forms of holding companies
and to regulate others and another t.
regulate the agencies In the United
States of foreign corporations.
THE members of our COMMITTEES
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