Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-06-27
Proposed Federal Trade Com
mission Would Lead to Un-
certainty In Business World,
Declares Idaho Senator
JOHN SHARP WILLIAMS
SPEAKS FOR DEMOCRATS
Mississippi Statesman De-
cIareS Measure Is to Be Put
Through and CriticizeS All
Who Are in Opposition
IN poENlNa IouaNAL sprclAl lrAsfp wlerl

fBY MORNING JouRHAL SPECIAL LEASED WtHUl
Washington. June Republican
attack ON the federal trade commits
sion bin was opened in the senate
tonight by Senator Borah who told
his colleagues that passage of the
measure would lead not to certainty
among business men as to what they
might lawfully do, but to another
period of uncertainty such as fol-
lowed the enactment of the sherman
antitrust act
Senator Borah criticized particu-
larly the provision In the bill which
says that unfair competition Is un-
lawful. He declared that leading law
yers in the senate were unable 10
agree ON what that term means, and
insisted ii was unjust TO ask the
business men of the country TO de-
tcrmiuc a matter where the nation
al Legislators had failed
Definition T. Needed
You are putting business in a
straight Jacket" Senator Borah said.
you should define what shall con-
sttute unfair competition. The Sher-
man law bids business TO be competi-
tive and lays down the rule that
competition is the life of trade. This
+
unfair competitions When we say
competition IS the life of trade ana
is essential To the public and bust
ncss welfare and on the other side
we say that Il shall not hc unfair. II
is certainly due To- the business of the
country that we lay down rules for
competition and say WhHt unfair
competition shall be-
Uncertainty Should BE Removed.
The senator said ne agreed with
the president that the element Of uu-
certainty In the business world
should be removed, but would not
agree that the passage of this bill
with the unfair competition mdciin-
ed. would accomplish that end.
senator Borah announced that he
would favor "a measure 10 strengthen
the sherman law, but said that i'm his
opinion, under law as construed hy
the supreme court IL lis m the power
of the executive branch TO end mo-
uopoN if it has the courage To do So,
Williams for Putting II Through.
We're ready for the fight and we
ARE going 20 fight until we put this
trust legislation through II il takes
all summer Senator Williams, dem
iocrat. of Mississippi, asserted when
the bill WIS taken up Tor eonsidem-
|tiou.
Senator Williams defended Prcsi-
dent Wilson'S demand that congress
sit until Il passes trust legislation and
he assailcd those who he said WerC
responsible for "a propaganda design
ed 90 have congress adjourn without
action.
TO Prevent Exploitation.
"Wc democrats meant what W,
said and Wc are going To stay her,
land prove TO the country we meant
iwhat We said when We promised t'
take the three great monsters thal
( threaten economic competition h}
+ the throat" said Senator Williams
( we did not act like fools in Oh,
+ tariff matter. $50 did not act like fool
in the currency matter and We are
mot going to act like fools In thr
matter. We are going to be conserve
ItiNely constructive We have leei-Ht
ed to prevent exploitation through
tariff taxation and TO prevent exploit
tation through the money trust now
INc are about to icgislate TO prevent
/ exploitation hy the industrial trusts.
Praises the President.
The senator pat President VII
sons speech OF Yesterday To the Nir.
einia editors Ina the congressional
record
"One reason we are going To- Do
this" he said. lis because we hay,
IA brave and worthy captain wh'
knows how TO do things and wh'
/ knows how to Influence other pcopl,
to help him do things
Senator Williams predicted tha
despite the propaganda and the psy
Geological condition, business would
Improve,