New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-16
SENATORS CLASH
AGAIN ON JONES
Reserve Board Topic BObs
Up in Debate on Trade
Commission.

From The Tribune Bureau
Washington. July 15.-The contro-
versy over the Federal Reserve Board
nominations was injected to-day into
the debate on the Trade Commission
bill in the Senate, which was enlivened
by clashes between Senators Reed and
Hollis and Senators Borah and Lee.
Senator Hollis described the func-
tions of the proposed commission as
policing the activities of the corpora
tions in the defence of the small bust
ness man. lie criticised Senator Reed
;or his opposition to the measure.
The Senator from Missouri replied
holly. charging the Senator from New
Uampshire with incorporating and
misquoting him.
Senator Borah said he was appre-
hersive as to VIVA; would happen IN the
administration of the trust laws II
men who favored monopolies we're ap-
pointed to the trade commission. In
explaininC his position he quoted from
the published testimony Of Thomas u;
Jooes before the Senate Banking and
Currency Committee, and was inter.
ruptcd bv Senator Lee, who charged
him with violating the rules OF the
Senate
Senator Borah said he was only quot
ing from the public prints matter
which was Of common knowledge.
Newspapers Get the News.
az prefer not to rest under the charge
1 - 1.fs
of being a lawlCss individual, sald
Senator Borah. 81 have never dlvulged
anything that came TO me from inc OK
ociItjve sessions Of the Senate. have
sometimes. when absent. found very
accurate information in the news.
nancrs do not know how it got out
Senator FCrah said that Mr.. Jones
has admitted being member Of inc
board Of the international harvester
Company and also large stocHnoIde'
in the Zinc Trust.
"Hc does not know OF any dlSnon"St
or crooked or unlawful acts tnat thcy
ever did" exclaimed Senator bof'h'
"He believes that il Is not only raw
full, but moral, to do precisely what
they have done. One Of them controls
81 per cent of the business OF the
United States, and the other about 81;
vet he does not believe that either ore
is monopoly.
"This gentleman speaks with candor;
without any apology for his view. lie
speaks precisely as he would act upon
a commission such as 1T Is proposed 20
create. If he were called upon 10 issue
an order for the protection OF small
business in this country ana 90 not
question his integrity of view in what
condition would the small business man
find himself
Committees DO Little.
The wide divergence of views over
the trust programme was further maj
Gated i'm Senate committees, the Ju-
dietary Committee failing after a solid
week of labor to perfect the Clayton
bill, which it had expected to complete
last Monday. The Interstate Com
merce Committee again failed TO meet
TO resume consideration OF the Kay
burn bill to regulate issuance OF rail-
road securities, and IT was stated by
a member Of the committee that no
meeting could be held before Friday
Il was asserted also that practically
no progress had been maze since last
week, the committee having traversed
a circle and returned to the original
starting point.
The difficulties Senators are encoun-
tering in committees, with the open
disagreement as TO principles shown
on the floor, gave some Administration
leaders concern over the fate of the
trust hills, and served to increase the
growing belief that the various meas
ures pending should be consolidated
into one measure.