Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1914-04-17
PRESIDENT DENIES
ANTITRUST BILLS
WILL BE SHELvED

CT the House judiciary committee.
a1ter a conference agreed today to
consolidate in n measure h
main features OF the Sherman law
definitions bill and the bills to pro-
hibit interlocking ~directorates and
holding companies. The president
agreed to the insertion of the prin-
ciples embodied in two measures
which passed the House last year
providing for the regulation of in
functions in labor cases and trial
by jury in contempt cases.
There is to be no curtailment OF
the administration program" a
MI. Clayton. The president told
us when we asked him about it that
he would insist on such legislation
practically ready with our bill
now"
Washington. d. c.. April 1%4.-Jres-
ident Wilson today fatty denied re-
ports that the trust legislation pro-
gram has to ba dropped OF curtailed.
To callers. he tool the ground that no
such thing was in contemplation so
far as he was concerned, and that he
thought 1T needful to pass the trust
bills in order to keep faith with the
country. President Wilson said when
asked by callers whether the plan Of
49, Liz I llSI0S
sion bill and letting the other go over
met his approval, that no such plan
had been suggested to him.
The president conferred today with
Chairman Clayton, of the louise COM
mittee, n a subcommittee of that
body on the trust program.
President Wilson's attitude today is
generally interpreted as meaning that
ne will insist on congress remaining
here and working out a comprehen-
sive trust program. At this time he
is not in favor of s~idetracking the es-
sential part of the trust program and
putting through one bill which would
look chiefly to investigation inc rec
ommendation for legislation later.
Some Have Cold Feet.
1t is entirely true that an increas-
ing number of the democratic leaders
in the Senate and House are getting
cold feet on the trust question, and
would like to drop it.
But if the president adheres to the
attitude he took today, the whole trust
program will have to be carried
through.
This means that unless there is a
change of front, ongre will be here
most of the summer
A subcommittee of the Senate in
terstate committee is
working out a single, comprehensive
y 10 oAI IN W NC oil
reaching.
The following story. carried by the
Associated Press, is not strictly in ac-
cord with the facts as set forth by
MI. Snure, The Tribune's Washington
conference with the president this
morning:
"Anti-trust legislation, supple
mentary to the Sherman act prob
ably will not be undertaken at
this session of congress on the board
scale originally outlined by the admin
istration. Democratic Senate and
House leaders agree that a practical
solution of the vexatious problem to
come with the evils of big business
through legislation had been perfected.
Pass But One Bill.
The plan. it was asserted, is to pass
one bill which would create an inter-
state trade commission with broad
powers to investigate affairs of corr
rorations and with specific authorize
ton to inquire into the relation to COM
merce of interlocking directorates.
holding companies, stock watering, tho
issuance of railroad securities and
stroy competition. The commission
would recommend to the next congress
what further trust regulative legisla-
ton it deemed advisable for the well
rare OF the country.
-Such q elimination of an antitrust
legislat,ve program, originally sug-
gested by President Wilson in a special
message to congress. has been working
out In conferences between the presi-
dent and Senate and House leaders for
many weeks. The task tentatively out
lined in bills proposed assumed pro-
portions that precluded it's accomplish
ment, leaders believed, in view of
other legislative problems confronting
congress, and also because of the
many conflicting opinions of men in the
council of the dominant party as to
just What should be done.
Favored by Wilson.
1T was pointed out that President
Wilson, in his trust message. sought
merely to suggest to congress evils OF
pig business which needed regulation.
Since then he has had many con-
ferences with members of the House
and Senate committees which have.
from time to time, submitted tentative
trust regulation bills.
Subcommittee at Work,
Some time ago q subcommittee of the
Senate Interstate Commerce commits
SION Was appointed by direction of SEN
Ator NeWlands. the chairman, to incor-
pofate INTO II measure all features of
the various bills contemplated. since
that committee has been at work u,anv
stumbling blocks have been e%ncDun
cred as to how far congress; should 90
IN enacting legislation supplementary
to the Sherman act; just what would
the provisions of the act
and just what might weaken il
After many conferences of democr.+i IN
ana republican senators, who in turn
nave conferred with House of
the Interstate commerce and iudicia nv
committees. q tentative amendment ~
the Senate bill to create an Interstate
commerce Trade commission has been
resigned to take the place of proposed
bills to prohibit or regulate interlocline
d~irectorates. holding n,ias s4aa1,