Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-01-14
No Delay Is Contemplated in
Pressing Measure Through
Congress al Earliest Prac-
ticabIe Date,
TWILIGHT ZONE TO
BE FULLY CLEARED UP
InterIocking DirectorateS 10 Be
Prohibited and Personal Re-
SpooSibiIity Fixed for Law
Violations,

washington. Jan 49, President
Wilson today gave the members oi
the cabinet his IDEAS of the govern
ment relation To big business the field
that antitrust legislation should
cover. and the spirit with which he
believed the task should be ap
preached.
Peace ANA rot war. a feeling Of
friendly coneiliation rather than of
hostile antagonism and yet con
structivc program shat will eliminate
about the law and stimn-
late the growth Of legitimate business
these are the fundamentals of the
presidents plan Of action TO be cm-
bodied in the message which he Will
read to a joint session OF congress
next week. He presented the docu-
ment to the cabinet today Members
of the cabinet spoke of the message
as %. progressive declaration that
would reassure the business world ot
the sincere Intentions OF the adminis-
ration to deal fairly With it.
Tomorrow the president VIII out-
line the message 10 the democratic
members Of the stlate committee on
interstate commerce and the house
judiciary committee al Wink House
conferences While the president hna
not revealed his views on detailed
legislation. he hopes that his message
VIII be the guiding Influence that VIII
keep the scope of activity within 9
well-dcfined compass, eliminating So
far as possible any congestion of rad-
ical bills that might be mFinteipfetel
by the outside world So far as is
known, the cardinal features of the
president plan are
supplemcntlng tho sherman
antitrust law 80 reduce the dcbatahle
area around It
2-The prohibition of nterlocking
directorates
3-Location Of individual responsl-
bility and the fixing of personal guilt
for all violations.
i-The creation of an interstate
trade commission TO perform the funa-
tions net only of "a bureau Of infor-
nation but 10 determine by lls inves-
legations whether decrecs Of diss0-
luton on mandates of the court are
to be carried out
The president Is proceeding ON the
theory that legislation Is necessary al
this time and That there should DE-
uo delay ia accomplishing those re-
forms ON which public sentiment is
agreed The recent action Of j =.
Morgan ,2 Coo IN voluntarily withdraw
ing from numerous diRfetorates on
account of va change in public senti-
menL is cited by administration sup
porters aa evidence that the business
world expects ipterlocking directorates
IT, be dissolved In this connection
Mr. Wilson believes the whole course
Of public opinion has undergone a re-
markable change in the last few years
From "a point whore doubt as to the
existence ef trusts was mt first eA-
pressed, through the period whel
reasonable ana unreasonable eombi.
nations in restraint Of trade were de-
bated he believes there has now de-
Iclopcd an acceptance of the prinel-
pie that present monopolics are indie
fcnsihlo and that trusts pre- tlee Ger
tain things which ought 10 be pro-
hbited.
Tho president also Is reitorailng n
view expressed IN his pre-eonvention
speeches two years ago-that to stop
Joy riding Il is neeess lry TO arrest
the chauffeur and not the aVomo-
bile lie is expected to recommend
in his message that the law with re.
spcct 10 personal guilt should De
vigorously enforced aud provision
made in all legislation for individual
offenses.
one of the most important features
of the antitrust program is the in-
terstatc trade commission. This or
ganization differs from the kind Of
commission advocated by the national
progressive party during the last eam-
paign Ina that It would not be veste I
with power Of regulation. but would
be- the medium through which the
Government could keep the business
world informed ana eliminatd "th
twilight zone ia big industry.
"There have been repeated requests
for information from business con-
Germs and The need Of an authoritative
reservoir of information already has
been demonstrated IN the present adj
ministration experience with tho
trust question II IS contemplated to
place the commissioner Of corpoip-
tions at the head OF the interstate
trade commission, bur to include tn
its membership business men who
would know business methods suffi-
ciently TO conduct the necessary in
quiries and furnish the desired infor-
nation.
with the presidents discussion 81
the whole subject at todayis cabinet
meeting. the talk Of sslowing up'
on the administrative program and