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Show CONTROL OVER CORPORATIONS. Senator PJeybuiTi Has a Plan for New Government Board. WASHINGTON. Jnn l.-A national board to exercise supervision nnd control over corporations is provided for In a hill Introduced In the Senate today by Si nntor Heyburn It Is proposed that Congress create g new department of the Government Govern-ment lo exist In connection with the Department De-partment of Commerce and Labor, to be known as the ' National Hoard of Corporations.' Corpo-rations.' This hoard shall consist of live persons, four to be nominated by the President, for terms of four years each, at salaries of $50U0 annually, and the. nfth member shall be the secretary of the Department De-partment of Commerce and Libor. Authority far greater than that enjoved bj the department now entrusted wllh the regulation of all .1 trusts and monopolies. monopo-lies. lll be Riven to the National Board of Corporations if Senator lieyburn's bill becomes be-comes a law Th bill provides that the board Hhnll have tin- power to compel tho production of all books or documents, or the attendance of Witnesses necessary to tin investigation of any question affecting the rltfht of a corporation to engage In business under provision of tht n t I'nelei the provisions "f the bill no corporation cor-poration would be permitted to engage In business In any State other than that In which It Is Incorporated unless sufficient suffi-cient proof Is first submitted to the na-ticnal na-ticnal board that kucIi corporation Is In-corporated In-corporated for a legitimate purpose; that It Is solvent; thnt It is not .1 party to any agreement to operate In restraint of tiide or commerce, or which results In giving to It or any person or corporation engaged In like trade an unfair advantage advan-tage over others; that It Is not a pnrtv to any pooling plan which, when carried Into effect would create a monopoly of the trade nr business In which such corporation cor-poration or corporations are engaged, that no otmg pool exlt-ts by which thi full and free rlpht te vote the stock of the 1 orporatlon by the actual owners of such stock is abridged or prevented, that no part of the capital stock of such cor-pcratlon cor-pcratlon shall be controlled, owned or voted h;- at.v other corporation. it la provided that an Interstate transportation trans-portation corporation doing business as a common carrier .-diall not be controlled by any other corporation engaged In like, or similar hu-lness or hy any trust or Controlling pool of Interests or other arrangement ar-rangement or merger of operation; of Interests of such corporations if the corporation Is one onaed In the production produc-tion of 0e.1l or coal products, or engaged In any other productive or manufacturing manufactur-ing or enmmerci.il Industry it Is provided that I' shall not receive an rebato or advantage In rates or transportation which would give to It anv dlscrima-torj dlscrima-torj idvantage as against any other per-son per-son or corporation shipping such products pro-ducts of such transportation lines undei like- conditions In the cose of all corporations it Is provided that thev shall not become parties par-ties to any trust arrangement which would create .-1 monopoly of anv com-in com-in rein I interest . The bill would require all corporations to file annually with the national hoard of corporations detailed statements of their affairs together with affidavits that the provisions of the measure creatine the national board should be compiled with |