Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-06-06
Three Bills Come up for Final
Action Unexpectedly and
Are Put Through in Double
Quick Time
SLIGHT OPPOSITION
DISCLOSED BY VOTES
Time for Adjournment of Con-
greSS Is Now up 10 Senate,
Which Next Must Pass Upon
Proposition,
tsy MORNING JOURNAL sprciA, ,rlsvo wlsri

tHY MORNING JOURNAL SPECIAL tEhsVu wlREl
Washington. June ALL three bills
on the administration trust program
passed the house late today and were
sent to the senate for action
Opposition melted away when the
final test came and the voting went
through quickly The Covngton IN
terstate trade commission bill was
passed without record vote; the
Clayton omnibus anti-trust measure
received 215 votes to 54 against IL,
and the vote on the Rayburn railroad
capitalization pill was 1876 TO -.
The clerk hardly had finished the
last roll cali before the house had set
tied down To consideration of the
Sundry civil appropriation bill, one of
several supply measures that must be
disposed Of before the session ends,
The adjournment problem now rs
sQuarely up to the senate and the
democratic leaders on that side of the
capital are expected to agree upon
program In the near future
Action Unexpected.
Action on the trust bills In the
house came unexpectedly The three
measures had been agreed to in com
mittee of the whole. after weeks Of
speech making. consideration of the
Raybun bill as amended by the COM
mittee being 'ompleted late this az
ternoon When the trade commission
bin came before the house for final
vote. Progressive Leader Murdoch
moved that il be sent back To the in
teIstate commerce committee with IN
structons to report the Murdock bill
as "a substitute This was rejected l5l
10 19, and the pending bill was passed
without a ron call Then the votes on
the other two measures were taken ln
rapid succession.
one Democrat Opposes.
Representative White. of Ohio, was
the only democrat to vote against the
clayton bill, and an the progressives
voted for il except Representative
Chandler of New York. Forty-three
republicans and sixteen proEressives
joined the majority in supporting the
measure They were Republican,
Anderson. Barton. Burke Is ID,
Campbell. Carey, Cramton. Curry Da-
Wis. Dillon, Fair. Frear French Gard
ner. Good, Green Qa.), Haugen, tldW-
lev Helgeson. Johnson tWashl, kel-
ley tMich). Kennedy. tlowa). Kent
Kinkaid tNebD, LaFollette, Lenroot,
Mckenzie Mclaughlin, Mapes Mon
dell. Morgan (Okla), Moss w Na')
Porter. Roberts (Nev). Scott, Sinnott
Sloan, smith tIdaho), ] NJ C. smith
(MichD. stafford, Sutherland ToWner
Ware and Woods-i3
Progressives- Bell (CaGf) Bryan,
Copiey FalconeT Hiunebaueh. llul-
ings Kelly (Penn) Lindbergh, Nc
Donald Murdoch, j. ] Nolan (Cult.G /
Ripley. Temple. Thomas luD. Walters,
Woodruff -16
The eight republicans and four
democrats who voted against the Ray
burn bill were.
Democrats r., Bartlett, Buchanan
(Texas). Garner and Witherspoon 4. I
Republicans - Cramtuu tMich) .
Dunn. FairChild, Gillett, Moore Par
ker. Payne and Wallin-S,
Close Regulation of Stocks.
Close regulation ana control of the +
stocks and bonds of railroads by the
Interstate Commerce commission was
proposed by substitute for the Kay f.
burn bin prepared by the house inter- 1
etote and foreign commerce commit 7
tee. The committee divided the Ray I
burn measure into two sections, in or ,
der the one might stand If the consti- .
tutionality of the other failed in the I
courts. The bin makes 1t unlawful Tor I
anv common carrier to issue stocks' /
bonde notes or other evidences of M
debtedness without :he approval ol 4
the commission.
The bin broadeus the powers of the I
commission to require Information Z
from railroads and all other common .
oa rriers and prescribes an elaborate
system Of reports The commission
would be authorized to require reports
bn the financial condition of rdu-
roads balanced statements Of recelpts
and expenditures in relation to capital
accounts and an other financial trans
actions
All Records to BE Open.
Before issuing stocks or bonds, lne
bin would require railroads TO my
with the commission ceruucale "l
showing the character Oh
The securities. the purpose Tor Whl'"
they are to be issued, and the dlsposi
lion ia bo made OF them. Such certl- n
ficates the bill makes public record
ma omen TO inspection. The bill would
i've The commission wide authority
FOR the examination of the books ol N
railroads and would provide penalties (
'or the concealing of information.
Giving the commission authority 20 /;
,upervise issues Of securities the pm ,
Severe Restrictions.
1T shall be unlawful for any com
non carrier. subject 10 the act to reg,
ilate commerce, TO issue any capltal
took or certificate of stock or any
lond or other evidence Of Indebtedness
,r TO assume any obligation as 10 les
,or. guarantor. or surety for the se-
,urities OF any person, natural or ar-
incial even though permitted by the {
authority creating the carrier eorpo- {
alton, except for some purpose "ltnln /
ts corporate powers necessary 10 lhe /
proper performance of It's service Tor /
he public and not tending to impair \
he financial ability Of the carrier TO
discharge its duty 20 the public. 81
L. ;. Not Gnarant0r. y
1T shall likewise be unlawful to is' Ii