Arizona republican., 1914-02-06
President Announces He Will Work for Equality in the Treatment of All Nations, Including the United States
AMERICAN SHIPS
 TO PAY TOLLS
Senator O'Gorman, Who Led Victorious Fight to Exempt Yankee Coast wise Boats, Will Fight Presidents Desires
ASSOCIATED PRESS DISPATCH ]


 WASHINGTON. February 5.-Pres- ident Wilson announced today that he would endeavor to have repealed at the present session of congress that provision of the Panama canal act which exempts American ships from payment of tolls He made his position clear to callers today in un- equivocal terms The president be- lieves the Hay Pauncefote treaty with Great Britain guarantees equality Tn the treatment of all nations, mclud- ing the United States in the subject tolls and the United States is honor bound to charge American vessels the same tolls it imposes on foreign nations.
 The president impressed upon his callers that he would use every legiti- mate influence at his disposal to have the exemption clause eliminated from the act The announcement was eX- pected by administration leaders. The presidents views will be carried out in the house according to Repre- sentative Adamson. chairman of the interstate and foreign commerce com mittee, who said tonight that con- gress would undoubtedly act quickly by "a straight out repeal He was not so certain. however, as some democratic leaders in the senate that the president would be sustained in his resoIve-or1-- -tffiS-- question
 Senator OGorman. chairman of the Inter- Oceanic canals committee. which had charge of the bill and who led the victorious fight in the senate to exempt American coastwise vessels from tolls. asserted tonight it is his purpose to stand by his convictions and fight the presidents desire.
 Postmaster General Burleson an nounced today he did not approve the postmasters convention under the present conditions. He said too much time has been lost in the past by postmasters and other employees, and | that he is inclined to believe at this time the tendency of the postal serv- | ice is toward over organization"
 He explained, however, the reference was not to any organization within the service for official purpose, but meant numerous national sectional and state associations of postmasters clerks and rural and city carriers" w. c. Van Antwerp, governor of the New York stock exchange, today told the senate banking committee that the Owen bill for government regulation i of stock exchanges would do more I harm than good and that the pro- posed enforced incorporation of the exchange would destroy America primary market place.
 He declared that the disciplinary power of the exchange over it's mem bers is based on just and equitable | principles of trade" and forms stronger restraint than could be pro- vided by law. He said that incorpor- ation would transfer this power ol government to the courts, where judicial review would displace the arbitrary powers of the governors.
 "The stock exchange rule,' sait
 Van Antwerp. "is more sweeping and operates more strongly agains fictitious manipulation and is admin istered in far more effective man. ner than anything that could possi- bly, be done by the attorney general
 He declared that the Owen bil
 would only paralyZe the exchange II the United States and leave those 1T
 Canada and Europe free to carry or business.