The Washington herald., 1914-02-13
big BUSINESS
DISCUSSES BILLS
CONTINUED rRoM PAGE ONE


<k.t the great mass of producers must
~ confined to work. In need OF rest ana
zrffhout the power OF opportunity OF en-
<r-r,ent of life. II Is vastly more I'M
portant. he said, that the workmen nave
better conditions of working and living.
more rest and less fatigue than thar tne
employees receive more dividends on Their
capital
Tbe other speakers were Frederick p.
Fish. former president oil tne Amer'ean
Telephone and Telegraph Company.
Henry r. Towne. president OF the Yale
and Towne Manufacturing COMPANY
Prof. Henry A. Seager, of Columbia oni-
versity; Guy Z. Tripp. chairman OF the
board OF directors of the Westinghouse
Electric and Manufacturing Company
and Louis d. Brandeis. OF Boston
Prof DR.. Karl Rathgen. Of HAMBURG.
4 distinguished German economist. SPOKE
:, tbs banouet over which Harry "A
wheeler. the Chicago banker and pres,-
dent of the National Chamber OF COM
rnerce. presided. as he did over the anu-
trust LEGISLATION 6iscussion.
Brandeis Favors Bills.
AIR. Brandeis, having given MS ap-
probation TO all five Of the pending ousi,
ness bills. said that transportation hao
been one of the greatest factors IN tnt
evolution of monopolies which Is IN tht
aim of the administration's Legislation ts
prohibit.
.Ierislation to divorce transportation
from Industry is absolutely necessary
he said, '.and the extension OF privileges
nv roads to Industrial corporations unoel
,ts circumstances and conditions which
prohibit their enjoyment by the sinai
rhtpper, regardless of his efficiency mus
be prohibited"
NJ Brandeis declared that great ag
,repate of the income of the roads haf
heen diverted to the larger industria
cornorations by these privileges. He be
lieyed however, that the recent decision
Of the Interstate Commerce Commission
on Industrial railway rate cases marke'
an epoch in the turning away from piae
tices he had attacked.
M Rrandeis said the proposed Inter
.tata Trade Commission ought to under
take 10 extend to the business men Q
are country the same educational facil
ities with regard to their work that Tn
government has for years been giving I
the farmers.
The commission. he said, should dis
souinate the most advanced knowleog
in every branch of business. to ever
American business man, large or srna'
hitherto, he said, only the great corpors
lions for the most part had been er
shIad to undertake the investigation an
gather information upon advance metz
ods necessary to the highest business ei
fciency.
should Ala Government.
He believed that prominent bushes
men should aid the government III prol
agating their advance knowledge, Ju'
as men of like status in other proie'
sions already make a practice OF com
Mr.. Barndeis said he approved Oh u
general ideas in each Of the measure
in the administrations antitrust pr
gram. but believed that great amoui
Of amendment and correction RENAME
10 be done. =,
At the banquet, which was held IN q
large ballroom, where the conventi
has been going on, there were 3SS dinel
including a fair sprinkling Of wome
mostly the wives Of delegates AT I
guests table the following were seate
H. E Miles, Paul T. Cherington, Z.
Mccullough, Henry R. Towne. w
Ioughby NJ Mccormick, Donald ID
Joseph E Davies. L A. Coolidge, Pre-
jdent Charles R. Van Hise, r. G. Rhe