The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1914-01-23
ZARINGS TO BE
ON ALL
esident Takes Occa-
pn to Say That Past
sues of Securities Will
lot Be Inquired Into;
egislation Restricted
t, the Democratic Plat
'rrn.

3. ASHINGTON, Jan. 22.-Four of
proposed bills to supplement the
8uimnn antitrust act, suggested by
pys Adent Wilson in his recent message
Y ongress, were made public tonight.
uIof these, the measure to create an
r. r. Btate trade commission, was intro
it'd during the day in the house by
eresentative Clayton, chairman Of
1E Judiciary committee.
rutree other measures prepared by the
judiciary subcommittee, for sub
Ion and consideration by the full
,,~nittee, were given to the public IN
49, rdance with the presidents pro.
-ine of publicity. Hearings will be
WI Ion all of them.
i 6ects Embraced.
= NJe three bills to be introduced to.
ssn ow embrace the following subjects:
. phibition Of intcrlocking directo-
el OF industrial corporations, rail
esttsh banking or trust companies, to
mffectivc two years after approval,
np "Nnition Of the terms OF the Sherman
W rust act. to specifically Include
'k.f ~ the meaning OF Conspiracy in re-
u Il ~ OF trade" every contract, combl-
,GnSR In the form OF trust, or other
b within the meaning OF the word
M t'opolize. certain definite offenses,
IL which would be prohibited. and
] y 81 quit upon individuals.
Uade rela tions measure designed 10
=, oit "cutthroat" competition through
!. ~ 3discrlmnations. discounts. rebates.
mor aprlhl restrictions, eic.. and giving
Il ii pividnals injured by reason OF any
in G. foroiddcn In the Sherman act the
M TO brlng suits in equity against cor
DDp apns against which DEGREES have
fp, Ioptaiucd by the government
9TH Measure Projected.
NV . tirman Clayton announced that
MS" prooected measure, which would
\ 'or government regulation OF rail-
and eecurlties, had not been dra rted and
10 pe taken up by the house and SEN
S prterstate commerce committees
sceE 'uent Wilson'S message TO congress
10 "a f.'A's enti-trost legislation supple
~ 70 the Sherman law, which would.
- Hte evils OF big business and re-
!. h.e confidence and commercial ACTIVITY
~ US hrst fruit today when = hill to
interstate trade commission
A apRNnfroduced In the house
o"ihe Il conference between Attor-
UWsNehsfal McBeynolds, Senator New
~ enc interstate commerce commit
ilsi - "A Noe"'et'''e Clayton. chairman,
20 members OF the judiciary sub
,scf ,u B'ee' Mr' Clayton submitted tho
ain, cure ana II was referred 10 the iutar-
l. and foreign commerce comnittee
e n ked by Smoot.
I'D effort by Senator Neuiands - =,
10 btFe the bill simul,aneousI,, in i've
" AZ ffp was blocked by Senofor s,,oosn,
s,s ID 10 debate on the Alaska railroad
pe the president recommended In
=. Effssage the supervision bv tls i,,,,,, ~
pdsS 2nnmsrce commission OF tho iesu
A 81 railroad stocks and bonds hc
wbfr frRSrasion today TO emphasize that
,psr ~ ~, not necessarily mean that past
: inGh f1or secuIlties would be inquired into
Sdas. iected by the present iesislation
Haq.' Nu inc president consider that the
IA ~ lon OF railway securities has any.
'al urf ~ 90 With the subject OF regulating
x&r ns,lns. Legislation on this sub
soY btF rsAPialned, was not recommended
'os nj Dsmoeratic platform. and he did
,ldeNsss tnat he should recommend snv-
strTr..n Mad not been included in the
ard I'm. " Wv
s a. hlcSz commission proposed by the bill
&oonttnued on Page Three.)