Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-03-02
Trust Legislation and Rural
Credits Measures Are Re-
garded as Most important to
Plans Of Democrats
REPEAL OF PANAMA
TOLLS ACT DEMANDED
Hard Fight Certain When Pres
ident'S Policies Come Up for
Action in House and Senate,
Leaders Admit,

tuY mosnite JOURNAL srre,st trAsrp wtRsi
Washington March thrust leg-
islation and new law to enhance
rural credits before adjournment of
congress are the only measures on
the must list of the administration
for the present session Of congress
il was made known today This, of
course, cxcepts the necessity Of APP
preparation bills which are now being
rapidly disposed of
should congress get into tangle
over the trust bills and prolong the
session until campaign leaders at
home begin to cry for help, some
party leaders believe the rural credits
bin might be put over until next ses-
sion. but there is an earnest desire
on the part 0f the democrats 90 es-
tablish system of rural banks be-
fore the approaching congressional
campaign
Promises Made 10 Farmers.
When the currency law was passed
many promises were made that it
would be followed by legislation to
help the credit Of the farmers. and
although no declaration was made
that such "a law would De concluded
at the present session. criticism ut
the republicans directed at the free
listing Of farm products I'm the tariff
law demands, in the opinion Of many
prominent democrats. that compensa-
tory action on behalf of the farmers
should be taken ais soon as possible.
1t is probable that many other bills
will be passed from time 90 time
while trust. rural credit and appro-
pration bills ar, being considered,
but so far as "A legislative program
Is concerned, the leaders i'm both
houses of congress intend to Keep IT
short
Repeal Of Toll Clause.
A bin to repeal the toll exemption
provision of the Panama canal net
probably will be introduced within
ten days by Representative Adamson,
chairman of the interstate commerce
committee II will offer no compro-
mise whatever In the situation and
is certain to provoke opposition both
iu the house and senate. The immi-
grafton bill which has passed the
house and Is 10 be reported from the
senate committee this week, alro Will
be urged To conclusion.
Senator Ashufst has given notice
that he will press tho constitutional
amendment for equal suffrage IN the
senate, but his efforts to fix a time for
voting on it will be opposed by demo
Gratis and republicans alike. The con-
stitutional amendment for prohibition
probably will not be taken up at this
session.
Trust Bills Delayed
Tho trust bills, it is now apparent
will require considerable more time
in perfecting than originally was am
ticipated March first was set month
ago as the time for beginning con-
sideration of the proposed admnistra-
tion bills, but not one of the bills
proposed Is ready for consideration
In either branch. Il IS probable uiat
either the house or senate committee
on interstate commerce viii report "a
bill to create an interstate trade COM
mission this week or next. but many
weeks Will pass before there will be
reported proposed measures TO pro-
hihit interlocking directorates. regu-
late holding companies and 10 pro-
vide for federal regulation Of rail-
road securitlea
Growing opposition 20 measures
which would supplement the Sher-
man act. such as the tentative trade
regulations and monopoly definitions
bills may result in Abandoning these
measures altogether
May Abandon Definitions Bill.
Democratic members of the senate
and house committees at work ON the
trust program already have express
ed fear that such legislation viii
disturb the effectiveness OF the Sher-
man law and the attorney general
does not approve Of the bills ia their
present form. President wilson. him-
self. is considering tho trust lcgisla-
tive situation and further conferences
between the legislative and executive
branches on the subject are certain 20
he held before the program is com
plcted
a general dam and water power
bin Is being formulated in tho house
interstate commerce committee. and
10 probably VIII he ready within "a
fortnight to report 10 the house.
The committee designs Co keep
within the lines recommended by
President Wilson and 10 So frame n
as 20 avoid any possibility OF constl-
tutioual objections and possibly any
suggestion of federal Invasion into
state affairs.
shallow Stream Navigation.
The purpose Is TO induce priyata
capital to promote aayigation in shall
low streams through hope of profit
from the use nf tho water power gem
Grated Tho bin is being shaped in
subcommittee that VIII have num
her of meetings this week
Speech making on q variety of cur
rom questions is IN sight this week
under time allowed for debate ON
th, pending appropriations bills IN
tho house. The agricultural appropri4
.autn bill agFregatlng Sla000,0 900.
shunted off tomorrow by District Of
Columbia legislation comes up Tues
day with prospects Of many speeches.
tho rivers and hafhnrs bill CARRYING
Sfs.2S9,O0n Is next. with the naval
bil involving $4,000. coo and the al
ways dcbatahle hattleship program
following.