The midland journal., 1914-07-17
BUSINESS VOTE
ON TRUST Bills.
National Chamber Of Commerce
Gives Result Of Wide Poll.
ss STATES IN The QUIZ
Opposes Attempt To Stop Discrimina-
tton--PrchibitIon Of Interioek-
ING DIrectorates OF corpora-
tions ls strongly Indorsed.

washington, D. C.-Results Of q
referendum on the trust bills pending
ID Congress, conducted by the Cham
Der Of Commerce Of the United States
among its constituent members, were
announced here at headquarters OF the
Chamber.
Some organizations declined to vote,
giving as their reason that they re-
garded such Legislation unnecessary at
this time.
Business organizations in 36 States,
casting a total vote Of 559, recorded
their views.
Adverse Vote Heavy.
The vote against attempts by
statute to forbid determinations in
prices Of commodities was 5S1 to %.
That proposal to compel persons
controlling the product of mines to
sell to all applicants you may be re-
sponsible'' is wrong in principle and
unavoidable In practice was voted 527
TO 80.
That there should not be statutory
prohibition of conditions accompany
ing sales and leases to the effect that
buyers or lessees cannot handle or use
the productions of competitors was
voted 514 to 35.
That final decree in an equity suit
brought by the Government. which
establishes the existence or the non
existence of restraint of trade or Of
9 monopoly should be conclusive evi-
dence as to the same general fact IN
private actions brought against the
same defendants under the antitrust
laws was voted 484. to 81.
That interlocking of directors among
competitive business corporations, In
cluding railroads, should be prohibited
regardless Of the size of corporations,
If elimination of competition among
the corporations in question would con-
stitute violation Of the Sherman act,
was voted 491 to Al.
Opposes lnterlockin0 Boards.
That interlocking Of officers and di-
rectors between railroads and indus
trial concerns with which they trans
act any substantial volume of business
should be prohibited except in such in
stances as the Interstate Commerce
Commission may determine are not
detrimental to the public interest, was
voted 4s4 to 33.
That there should be legislation ir
form which would not pronounce
Illegal existing situations but would
authorize the Interstate Commerce.
Commission upon finding detrimen'
to the public interest in any interlock
ing to order that to be terminated
was voted $40 to 40.
That problems involved in prevent
ing concentration of credit should b.
referred for investigation and recon
mendation to the Federal Reserve
Board or some other competent body
was voted 440 to 4s.
Opposes Control OF Issues.
That corporate ownership of stool
directly or indirectly of competito
corporations should be prohibited
elimination of competition among th'
corporations In question would con
stitute violation of the Sherman act
except in such instances as the Inter
state Trade Commission, or the Inter
state Commerce Commission, in tn
case Of railroads. may determine ar
not detrimental to the public interest
was voted 4S2 to rs.
That there should not be an attemp
to regulate the shares Of stock issue
by corporations engaged in interstat
commerce. was voted 445 to "A.