Show Dr Wilsons Wilson's Policy Towards Trusts rusts IP IF P the trust anti measures which Governor Wilson has bas introduced in inthe tho the New Jersey legislature may bo be accepted as indicating what he has in m mind nd for the nation it can bo be concluded then that the tho President-elect President plans nothing nothing- that is not already law or that ba has been suggested In his list of proposed New Jerse Jersey legislation is ia found a n provision that before tho the merger of any corporation written written written writ writ- ten consent of pf tho the state board of public utilities must be obtained and filed It may not be a n justifiable inference that th the incoming incoming ing executive contemplates a federal commission to exercise similar control over o interstate corporations but unquestionably that is the view tho the public will take And that idea as the tho people well ell know is one of tho the hobbies bobbies o oGeorge of George W Yo Perkins Ho and nd Judge Elbert H. H Gary presented it sortie some years ago before a congressional committee and ever since that time timo Mr Perkins has hns been advocating a n Court of Big Business to tobe tobe tobe be entrenched at Washington with federal power to control interstate interstate inter inter- state corporations It is possible that his activities for years as a member of J. J P. P Morgan l Co gave ga Mr Perkins an all intimate knowledge knowledge knowl knowl- edge of the tho quasi-public quasi functions that were performed by b- that great banking house and may have ha inspired in him a sincere sincero belief that the exercise of this authority by the tho federal government go through a commission com coin mission would be more likely to conserve conservo the best interests of the people Colonel Roosevelt also espoused tho the idea during the recent national national national na na- na- na campaign He held that tho the enforced dissolution of jf the great corporations was and that it were far better to permit them to continue but regulate them Governor Wilsons Wilson's propose proposed New Jersey statute does not go that distance but it is not a far cry from requiring consent to A i merger to controlling hg that merger aft after or it has been made ronde So far as ns concerns tho other measures that have havo been presented they provide for tho the punishment of those that form combinations in restraint of trade by way of a fine anti and a jail sentence These of course aro arc alrea already y included in the Sherman act but are practically practically practically rendered null and void by the refusal of juries to In living ing in verdicts verdicts verdicts ver ver- of guilt This proposed New Jersey legislation is attracting ath much attention because it is supposed t that at it embodies those ideas which Governor Wilson will urge upon Congress As to that wo we do not know and we ve doubt whether Dr Wilson Vilson does b III w 1 ra O. O |