The Sentinel=record., 1914-01-21
NOT INTENDED ID REPEAL SHERMAN LAW
But rather to Supplement- Augment and Correct the Present Antitrust Statute---Peace- ful Solution of Business Prob
 lems Is His Theme.

Washington, Jan President Wi.- sons suggestion to congress today in his trust address that the government and business men are ready to meet each other half way "il a common effort to square business methods with both public opinion and the law fell on attentive ears and struck re. sponsive chord in representatives of differing political parties.
 The atmosphere of cooperation and accommodation" in the message; the reforms proposed, expressed in terms of conservatism and the spirit of friendliness to supersede antagonism in dealing with big business, which dominated the presidents th1ugnts, aroused expressions of approval from all sides. Few dscordant notes we're sounded in comments from members of congress who are to pass upon leg islation urged to prohibit monopoly and hold men of business within the law
 Throughout the delivery of the ad. dress the assembled senators and representatives listened mtently. ap- plauding frequently when the presi- dent began enumeration of evils which he believed needed remedying.
 His proposal for an interstate trade commission to facilitate business and keep it in the straight path; the rec ommendation of laws to prohibit in torlocking dircctorates and holdine companies; suggestions for authority to regulate railroad securitiess for an act that would fix guilt upon indiyid- uals instead of punishing business and that the courts be opened to individ- uas harmed by illegal business all those were received with general ap- proval, evidenced by enthusiastic ap. plause
 Before the plaudts of his audience had ceased and as the president was passing from the house chamber, where his successive appearances since last April have contributed to the nations history, his utterances had precipitated action
 Representative Underwood major fly leader of the house, was the first 10 act. As soon as the house recon yened after the iont session. held to hear the president he offered a mo- ton to refer to the interstate and for oign commerce committees the sUg' Restions for the creation of an inter state trade commssion and for law empowering the interstate commerce commission to regulate the issuance of railroad securities; and to the com mttee on judiciary the proposals re- lating to legislation designed to sup plement but not amend the sherman antitrust act. This motion was adopted and it was announced later that both committees would OeSlh work at once and arrange for public hearings.
 The action of the house in referring portions of the message to the lllteI' state and foreign commerce commit tee, of which Representative Adamsoh of Georgia is chairman, somewhat ul7' turbed the program mapped out py the judiciary subcommittee headeu by Representative Clayton of Alabama, which already had held hearings anu prepared a tentative draft of a traae commission bill Representative cay ton had protested vainly against any of the trust regulation program oelns taken from his committee ana Wlil'e Mr. Underwood was offering his mo ton to refer, MT. Clayton and Repre- sentative Carlin of Virginia stood at his elbow pleading that he change ms course of action
 Members of the house JudlclalS committee and members of the senate interstate commerce committee, hea" ed by Senator Newlands of NeYaoa