El Paso herald. (El Paso, Tex.) 1901-1931, 1914-01-14
PRESIDENT
DISCUSSES
TRUST BILLS
Wilson Hopes to Keep Scope
of Trust Activities in Well
Defined Area.
PLAN HAS SEVERAL
CARDINAL FEATURES

IT , AsHNGToN, D. C, Jan. IA
w President Wilson conferred to-
day with congressional lead
ers on trust legislation. He talked in
the forenoon with chairman NewIands
and Democrats of the senate interstate
commerce committee and reserved the
late afternoon for a second conference
with chairman Clayton and Democrats
ofAhe house judiciary committee.
To the latter committee the president
had given a preliminary outline Of the
ideas before congress recessed three
weeks ago. Today the president was
prepared to discuss with the two COM
mittees, which will be in charge Of trust
legislation, specific points in his pro-
gram.
Cabinet Approves Views.
1t was said today that the presidents
forthcoming message satisfies the trust
views of every member of the cabinet,
and that those members in close touch
with the business world believe the
industry Of the country will find
heaIthful reassurances in it. While the
president has not revealed his views
hiss message viii be the guiding in
fluence that viii keep the scope Of
activity within q well defined COM
pass, eliminating so far as possible
any congestion Of radical bills that
might be misinterpreted by the outside
world
Features OF Plan.
So far as is known, the cardinal fea-
lures OF the presidents plan are:
1-Supplementing the Sherman anti
trust law to reduce the debatable area
around it.
2-The prohibition of interlocking di-
rectorates.
3-Location of individual response
bility and the fixing Of personal guilt
for all violations.
THE creation of an Interstate trade
commission to perform the functions
not only of a bureau of information
but to determine by its investigations
whether DEGREES Of dissolution or man
dates Of the court are to be carried out
Ihe president is proceeding on the
theory that legislation is necessary at
this time and that there should be no
delay In accomplishing those reforms E
on which public sentiment is agreed :
me recent action of ]. P Morgan & +
Co. in voluntarily Withdrawing from /
numerous directorates on account of a I
change in public sentiment" is cited
by administration supporters that the I
business world expects interIocI1fre- dj-
rectorates to be dissolved.
Message Discussed With Senator
Members of the senate committee
after two hour conference with the
president, said he had read them his !
message and discussed many of its de- >
tails at length Some of the sena TORS
had no doubt that an interstate trade
commission, with limited powers to as
5lsU the courts in carrying out DEGREES
u dissolution, would be created They
III appeared certain, too, that legisla-
int rT-s-
ties would be put through. that men
llIles would be imposed in every. case (
IN INDIVIDUALS and that personal guilt /
would be distinctly fixed
me main point in the discussion I
vas the extent to which the Sherman I
aW should be supplemented The !
resident IS understood to have pointed
ut that 1t was necessary to remove
~ 9ouDt as to what constituted a re-
Ira1nt of trade. believing thar nubI{o
ointment no Longer. was thai restrsi-,t
i trade could be reasonable The
Z esllenI, II was said. seemed to think
NAT II would be well to concentrate
u IllOL against the trust legislation. :
U as 10 nave II out of the way by June.
Warns Against AntagOnism
me president also. it was said laid
Iuphasls on the spirit with which the 1
ask should be approached cODfendiner
IiaI since Dig business was manifest Z ,
~ 4 disposition to conform to stbe !
plrlt Of the times it was desira he
y Ieat the problem with a feeling Of
! leHuIlness and cooperation rather
nan of radical antagOnism
Mr. Wilson is said to have fndic5ta7
IS wish that trust legislation he Iranf !
Z lhln a well defined scope and soma
Ihe senators said afterwards thai z
-Hlie there might be various hills I :
Itlted' Ihey would follow the lines / T
ne president pointed out today. 7
Hear Radium Bill Monday. !
Clld!I man oSIer' of the house mines
)mmtttee, today set Monday for beaT ( 4
~ on the bill to authorize Dresf5e1+
'llson to withhold all raCium rfebfs
mineral lands for the government T
T. howard Kelly Of Baltimore, who Z
rs been using radiUm in treatment ~ r
preventative Robert Bremner for i
nicer. viii appear TO support the r7eaS 2
re. Representative Kent Of CaIffOr C
a. today declared that the constrtIc- s
on OF government radium mills would
trOduce a bill. r
REPRESENTATIVE Mondeu introduced q
"a LOT ule leasing of coal lands in (
iaska- and thee general subject of { {
laska legislation was debated :
me subcommittee of the iudiciarr q
'mmlttee debated on what shOuId 70 1 I
me IN the case Of representative NJ Z
ermott who figured in the disclosures {
the lobby investigation. Z
Promises Industrial Awakening c
An industrial awakening that win
ut panic preachers to sbarne's vr-oe y
-Omised today by Democratic Leader !
Underwood after Republicans in the I
ouse mad repainted dark pictures of !
I'm ana. deSOlatlOn as the 7-esu1t of
emOcratic legislation. Y
The Democratic party" -kTr Under :
ood asserted, has achiev ed more for
Llst 10 nan mas peen accomplished !
sretore In the history Of orr govern ]
ent. We have Droc17r - - 9--~7l