The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-04-15
Congress Committees
Spurred to Action by
President Wilson.
CLAYTON REPORTS
OMNIBUS MEASURE
Includes Regulation Features, and
Provisions TO Meet Demands
Of Labor to Restrict Injunc-
tion Powers and to Insure
Jury Trials in Con-
tempt Cases.

Washington, April ii--Prcsldent
Wilson's reiterated desire for compile
ton OF the antitrust legislative pro
gram at this session of Congress
spurred congressional committees TO
action to-day. The House judiciary
Subcommittee responded with the in
PRODUCTION Of the omnibus bill. includ-
Ing trust regulation measures. and pro
visions to meet demands OF labor FOR
restriction OF the injunction .powcrs.
and 10 Insure jury trials in contempt
cases.
Members OF the Senate subcommittee
on Interstate Commerce conferred late
in the day and agreed to submit 10
the full committee soon as possible
- tentative draft OF a long considered
measure to supplement- the sherman
law, which VIII differ in many re
spccts from tho House measure
In introducing tho House bill. Pep
resentative Clayton. chairman of the
the full committee would In.ct on
Thursday To consider Il, and that he
hoptd me ineasnr" would be reported
IN tho near future.
Exompiion OF labor and agricultural
anzations from thc ban ot the anti
trust laws IL provided IN tho House
measure.
Satisfactory 10 Lnhor.
ne exemption provision was declared
tatsfactory To tho labor group in the
iiouse. who have been urging III.
i'acon BARTLETT labor exemption bin.
and had considered calling :, Demo.
cratic caucus TO fore" action
Another feature OF TIA. b!ll eliminates
;,tcinpts to make further definitions uf
restraints OF trade. The iucasure in
,"Irrratea the plan already made pub
iic Tor regulating holdiUi; coIupa mics
Tor prohibiting iut"rlocAnp directo-
rates. and for governing prlcc-nXing
and other trade relations
The measure would peuaiize CONNER
rial interests. which discriminate In
prices between purchasers of commodi-
a. Il n
comm uniueS, with intent 10 luiure or
tcstroy the business Of competitor
tIther purchaser or seller. anu mine
owners and opera iors. VINO arbitra rily
r"fus" 10 sell their product 10 rcspon-
shlc would be purchasers. or who lea
ar sell goods, or fix n price or rebate
on condition that the lessee or pur-
chaser shall not use = competitors
product.
1t Includes provision 10 enable rail
roads 10 aid in construction OF branch
or short line railroads. or to acquire the
stock OF branch or short lines built By
AN independent company where there
is no substantial competition h"twecu
tho two main companies, and 10 per
NIT railroads TO extend any Of their
IntcriocLtnv DIrcctorntc-
Lnder the in,er,Iocking direetoratnss
"ter Two wears rom The passage OF
tho bill mo person shall nj the same
'mc b" director Or other officer or
cmploye OF more than one bank. bank
ing association or trust company. or
ranIzcd and operating under the Uuted
states laws. either Of which has de-
posits, capital. surplus and undivided
profits ,agGrcgatinS moro than 5000,
900"
Tho Interstate trade commission hill
also Will be reported 10 the House to-
morrow from tho Interstate Commerce
Committee.
Tho report says the commission has
IN NO sense boon empowered to make
terms with monopoly, or assume con
troll OF business or 10 deal With mair-
tenancc OF fixed prices or TO pass or
ucrs in any way regulating production
10 ma Ike declaration as TO tho la
nocOusness Of any particular corpora
iion or agreement even IL coupled with
;he right TO revoke such order in the
future"
The Senate subcommittee. in addition
10 reporting to the fun committee q
completed trust measure, VIII submit
for consideration the proposals that au
Interstate Trade Commiss ion no incor-
rorated 10 investigate intcrlocking di-
rcctoratcs. holding companies. stock
watering and other features OF business
Owls and make recommendations at the
most session of Congress. In View Of
tli' ircsid"ut's attitude, il is proba bic
I"Vovcr that no effort will hc made Il {
TN zinc 10 press this suggestion.