San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-02-07
HOPES
Government To
TAKE HANDS OFF
Want Powers of Trade
Commissions Re-
stricted.
is DOUBT ABOUT 1T
Makeup Of New Congress
Gives No As
surance.
5 DOUBT ABOUT 1T
By j, G. ROYLE.

Copyright, 1888, by The San Antonio Light.
New York, Feb. cit becomes ap.
parent that the tendency in business
nd industrial business circles toward
|aergers and consultations which has
leep q feature of the last few months
as lost its momentum at least tenn
orarily. This is attributed at least in
ome quarters to recently renewed at
acks on the Federal Trade Commits
ion and campaigns designed to curtail
Governmental supervision and control
I business Some concerns, it is said
y those in close touch with the situa-
Jon hope that the powers of the com
bission may be restricted if not abro'
ated entirely. Other business organi'
stions, through their legal representa-
YES, express concern as to the effect
h their plans if any change should be
ade.
No Prospect Of Change.
Men, however, who have been in the
Pith legislative matters express the
rm belief that there is no possibility
hat the powers Of the commission will
lessened. They point out that there
little possibility of any congressional
elton prior to the adjournment Of
congress, less than a month from to-
by, and that the makeup of the next
congress assures even firmer support 10
he commission than it enjoys at pres
ht.
Two former members Of the commits
on who have retired from that body
Re emphatic in declaring that any dis
ganization to business resulting from
Their hope or fear of change so far as
ke commission is concerned, is unwar.
nted. John Garland Bollard, former
ember of the commission, declares at.
cks on the commission will be with
lt result and William 3. Colver, for
err chairman of the board, states thai
his opinion no plan TO curb the COM
ission's present powers or to repeal
e act under which it functions car
cceed.
Gasoline Price Up.
The advances in the price of gaso
he which have already appeared il
any sections of the country are ex
aGtsa to spread still more widely anC
Improvement in the crude oil situa
bn is causing greater activity in the
fields. California state officials
sded by Mrs. Nellie Brewer Pierce
ad of the division of finance, are con
Herring whether the site Of the state
sane asylum at Norfolk shall be
ased for oil purposes. The property
insists Of 800 acres in the heart Of the
nta Fe Springs oil district and it is
ported that the state already has beer
Tered $1,000 an acre and a one-fourth
salty for the lease of the land. This
operty cost the state $40 an acre
ng Beach and other California cities
deriving huge royalties from the
sing of municipal lands TO oil com
mics and an effort is being made to
scind a Los Angeles city ordinance
ich prohibits further drilling within
city limits.
The fancy worsted offerings OF thu
nerican Wooden Company are under
cd to have met with a hearty well
ne among the buyers, and orders now
lring in are expected to dispose oil
the large company desires to sell
present prices which are well above
se Of year ago.
Expect Higher Prices.
There is evidence that some buyers
We placed orders for textiles recently
far greater volume than their needs
uired in expectation that these or
IS would be scaled down or that ad.
ncing prices would give them profit
M re-sales later.
Manufacturers of overalls and work
ments are notifying their customers
price advances shortly must fol-
the present upward move in raw
terials and advising them to make
ir purchases now.
Straw hat manufacturers here have
n heavily booked for spring and
inner deliveries and stated today
lie trends appeared TO be little
nged.