The evening world., 1914-01-21

roles In the campaign: Henry d.
Clayton Of Alabama, Chairman OF
tho House Committee on Judiciary;
william c. Adamson Of Georgia,
Chairman Of the House COMMITTEES
on Interstate Commerce: Francis q.
NewIands, Chairman Of the Senate
Committee on Interstate Commerce.
In the House the Presidsnt's mes
sage was referred to two committees.
which will divide the preparatory
work. To the interstate Commercs
Committee went those recommends
lions dealing with the creation OF .
Federal Trade Commission and the
regulation Of railroad security issues.
All the remainder we're referred TO
the Judiciary Committee.
In tho Senate no specific reference
was made. a. II 10 probable that the
entire subject will be handled By
Senator Nawiand's Committee on In.
terstate Commerce. The Judiciary
Committee Of the Senate will not
play 30 important role a. the House
Judiciary because Senator Culbsrson
Of Texas. its chairman. has been III
for . long time and not able TO un.
dertake active work.
RIvALRv 0ETWeGN COMMIT.
TEGe IN THE HOUSE.
There IL q long standing rivalry
between House committees on Judic-
larry and Interstate Commerce. Pres.
ident Wilson had picked Judge Clay
ton. Of the former. TO lead the anti.
trust campaign. but Judge Adamson
vigorously claimed and won partlci.
patton for his committee. Each Of
these two men dominates his rsspsc.
tive committee and will write the
bills themselves.
Oscar Underwood. leader Of the
House, will be In close touch with tho
work and lend supervisory assistance.
particularly In the later stages when
II 10 necessary to unite all factions
In support Of the reported bills.
be Louis Brandeis Of Boston. who OK.
posed New Haven Railroad rotten.
ness. He has been much In Wash.
ington recently ~ special counsel Of
the railroad rate case pending before
the Interstate Commerce Commission.
Republican leaders have taken tho
attitude Of approving tho Presidents
suggestions In principle. but will
await completion Of the bills before
indorsing them in detail. The con-
test In Congress will be over the
form and the degree Of the proposed
measures rather than opposition to
tAa nenHnaltlAna In RonoPn1
Il will DO night between the mod
crates and the radicals. with the mod
crates In the majority. The extreme
Democratic radicals and the Bull
Moose Progressivss are 70 b sup
pressed.
walls already are arising from the
Progressives that President Wilson
and the Democrats have stolen their
thunder. To which the Democrats
reply that Roosevelt only few yesrs
aGo stole Bryan's thunder. y
Hundreds Of antitrust bills have
been introduced In Con9ress during
the last three years. II 70 . poor
Congressman who cannot now issue
statements for consumption In his
homo district that he proposed this
very thing long aGo and dig up bill
Of some crude character that Wal
rigeonholed In committee.
aAeis FOR NEW LEGISLATION
ON RAllRoAoo.
The nearest to concrete precedent
In q bill recently prepared by Chair
man Adamson Of the Interstate Com
mefce Committee In association With
Commissioned Prouty OF the Interstate
Commerce Commission. regulating
railroad security Issues. This will b,
the basis for new Regulation ON tn,
particular subject.
II gives the Interstate Commerc'
Commission plenary power over rail-
road capitalization. No stocks o
bonds can b issued without authority
The commission must b satis6ed tina
the money % raised u to b apple,
for the best interests Of the public an,
the property. No capital can be OK
pended for dividends, salaries or ordi
nary expenses. but only for lsgitimat
} expenses incurred In improving IN
property ana for rsfunding purposes