The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1915-03-30
TELLS WHAT NEW U.S. TRADE
BODY MEANS TO BUSINESS
Joseph E. Davies, Chairman, Indicates the Service Which
Federal Trade Commission Will Render to the Rusi-
ness of the Country-Enforce "Rules Of the Road"

cnaIge or the western headquarters,
al CnlcagO. T~Wenty-SiX States were
In his jurisdiction.
he upset some political traditions: !
ne worked along new lines. and he es-
,apiisned a record. Had the north At |
idntlc states gone other than as they
ana the States under Mr.. Davies jur-
lsdlctlon, added to the south, wher a
was not necessary, would
nave furnished alone enough votes in
the electoral college to elect Mr.. Will
son. That, of course, was due to the
conditions. But it is significant that
no mistakes were made and tina great
energy was applied in the western
field.
Wins Honors at College.
But to go back. Born in Watertown
WIS, In the centennial year OF 1876,
he received his early education in the
public schools of that town and then
enrolled as a student at the state
university, at Madison. During his
college career he took many honors.
He was an intercollegiate debater,
participated in OratoricaI contests.
made the honorary scholarship. Phi
Beta Kappa Fraternity and was
graduated with-special honors on his
Thesis Jury Trials and the Common
Law in the American Colonies For
four years-from 1897 to 1901 he
eked OF his slender by
acting as Instructor i'll the college
gymnasium.
Immediately following graduation
he returned to WATERFOWL to prac-
tice law. The first year he was home
he was elected prosecuting attorney
for a four-year term. Practice grew
swiftly. Presently it Outgrew his
town and he moved back to Madison,
the capital Of the State, where the
practice swelled to large proportions
He became connected with some OF
: the most notable litigation in his owr
State, and also practiced il. Minneso-
ia, North Dakota, Illinois, South Da-
kota, Iowa. Utah, Oregon and Wash
5 ington. AS managing trustee Of sew
: eral large estates he directed extern
sive Investments.
e And then, in 1912. he entered
S actively in politics as q militant fig
= ure.
Does not all this sound like TIL
career of a very practical man?
f With it all he has found time 70
e the cultivation of the finer things il
" life. He has a charming wife, whom
he Won through college courtship, tn
e daughter Of the late Col. John II
Knight Of Ashland. He reads much
e he plays some, and he joys in hi
family-he has two tiny daughters
e and in the society Of worthwhile
e. people. And, Of course, he plays gOl,
st They all do in this government.
# Why, in Madison, he has the recor
Of the longest drive on record! On tn
Madison links is q 4s0-yard hol
eli called minneapolis" Once, drivin
n for it. Mr.. Davies sent. his ball int
m a passing freight car. The a di
l. not stop until it reached the req
s, Minneapolis, 600 miles away. So i
the clubhouse they tell Of how Davis
made minneapolis" in one.
IS. Answers Current Questions.
a. Parroting the question which tt
re average citizen is asking, an intel
al viewer asked Mr.. Davies the othe
id day: What is the federal trade con
n, mission all about?"
of Swinging about from his desk, wit
m just the trace Of a smile on MS rae
to Mr.. Davies fixed his eyes on the Vi
a. ginia hills across the Potomac az
y began his answer.
o. owe might put it his way !
IT. said. 1.-THE trade commission IS q
traffic police force to see that Il
he rules Of the rOa on what we IN;
sh term the industrial highways or q
nation are maintained. II Is to COZ
In pei the big touring car, in the Use
m those highways, not to disregard L
,at rights Of the little one. but 20 a
in cord to it it's due share Of the road.
a "Experience has shown thc.t reg
ose latory activities or a governments c:
his best be directed through a comm
nd sion, rather than through ieglslatl
a and the courts. The commission ID
1ey has distinct advantages in elastic
ana a~ddptaDilty 70 Coio1t'oii9, w
ntv liron-bound statutory enactEnents,
in rigid adherence TO which in matte
of this sort may often amount to
in denial of justice. Hence the creati
ALI of this body.
tic THE cOnGitloH presented m Z
and country is this: ihcfe are oo1'ooo G
the porations engaged in interstate tt:
tic. Of them lso.uoo are capisail1
for less tha $1,000. 00e; the rema
ling 5000 for 81, 900, COO or mo
, or Only 1900 are capitalized ior $500
men COS or more.
to cit is a. fact. generally known q
easily demonstrated, that Some OF
nee corporations which practically dol
nflv nate the trade in certain lines