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Show I TBisnraiir I WILL BEPOSTPOWED H Administration Is No Longer Rampant and Congress Wants to Adjourn. H PARTY LEADERS MEET Agreement Is Reached That Time Is Too Short to Ac-complish Ac-complish Anything. WASHINGTON, April 11. Anti-trust Anti-trust legislation supplementary to the Sherman act probably will not bo un-dertakon un-dertakon at this eosslon of i congress on the broad acolo originally outlined by the administration. This became lcnovrn hero tonight, Domocratic senate and homo leaders njrocin that a practical solution of the vexatious problem to cope with the evils of bir business through legislation had been suggested. The plan, it was asncrtcd, is to puss one bill -which would create an intcr-state intcr-state trade commission tvitli broad pou-crs pou-crs to investigate affairs of corpora-tions. corpora-tions. and with specific authorization to inquire into the relation to commerce of interlocking directorates, holding companies, stock, watering, cho issuance of railroad securities and price- discrimi-nntions discrimi-nntions which tend to dostro competi-tion. competi-tion. The commission would recom-mend recom-mend to tho next congress what further trust regulative legislation it doomed advisable for tho welfaro of tho conn- Such a culmination of nn antitrust legislative programme, originally eug gestcd by Presidout "Wilson in a special message to congress, has been working out in conference botween the prcsi-dent prcsi-dent and house and seuatc leaders for many mouths. The ta.sk tentative' outlinod in bills proposed assumed pro-portions pro-portions that precluded its accomplish-meat, accomplish-meat, lcadors believed, in view of other legislative porblems confronting con-gross, con-gross, and also becauso of the man' conflicting opinions of men in the counsel of tho dominant party as to just what should bo done. Many Conferences. It was pointed out tonight thai Prcsi-dent Prcsi-dent Wilson, in his trust message, nought merely to suggest to congress j evils of biq business which needed rcg-ulatiou. rcg-ulatiou. Since then he has had many conferences with members of the house and senate committees which have, from time to time, submitted tentative trust regulation bills. Some time ago a subcommittee of the senate interstate commerce committco was uppointod by direction of Senator cwlands, the chairman, to incorporate into one measure all features of the various bills contemplated. Since that committee has been at work, mauv stumbling blocks have been encountered as to how far congress should go in enacting legislation supplementary Lo the Sherman act; ust what would strengthen tho provisions of that act, and "just what might weaken it. Aftor many conferences of Domocratic Domo-cratic and Republican senators, who in turn huvo conferred with members of tho houso interstate commerco and judiciary judi-ciary committees, n tentative nmond-ment nmond-ment to the Benato bill to create an interstate in-terstate trade commission has been drawn, designed to tako tho placo of proposed bills to prohibit or rognlato interlocking directorates, holding companies, com-panies, stock watering; to provido for government regulation of tho issuance of railroad securities and to solve tho problem of destructive prico discrimination. discrimina-tion. It would provide, that all these problems bo roferred to tho proposed tntcrstato trade commission, directing nu exhaustive study of tho subject for the information of congress. Favored by Wilson. President Wilson, it becarao known tonight, had had this solution of the. problem presented to him, aud it is asserted as-serted by tho administration leaders ho has looked upon it with favor. The president tonight could not bo reached at Whito Sulphur Springs, W. A'a., whore ho is resting with him family j over Easter. Whito Houso officials declined de-clined to make any comment on tho reports. Senator Joseph T. Bobinson of .-Arkansas, a member of tho subcommittee of tho intcratato commerco committoo especially assigned to work out tho trust legislative programme, made a frank statomont tonight of his viow of the matter. "Thoro are some radical differences," differ-ences," ho Baid, "betwocn the trado commission bill soon to bo rcportod by tho houso commltteo on interstate and foreign commerco. and that which tho 1 sonato committee hns tentatively agreed upon. Wo of tho sonato committee, who have had somo part in tho preparation of this bill, bebovo that a trade commission com-mission should bo vested with broad powers and, as a result of this belief, it may be expected that bill mil soon bo reported which will mnko tho commission, com-mission, in manv respects, an independent independ-ent body with liberal powers. Will Wait for Report. "In my opinion it is within tho rango of possibility that this proposed trado commission may bo vested with authority to investigate tho relation to commerco of interlocking directorates, directo-rates, holding companies, stock watering and such matters as price discrimination discrimina-tion for tho purpose of destroying competition, com-petition, and that moasures affecting these subjects will bo postponed until the proposod commission can investigate investi-gate them and report its findings and recommendations to congress. "However, in so far as I am informed, in-formed, no policy of this character is now definitely contemplated. It is true that the largo numbor of other matters requiring attention, including the Panama Pana-ma canal tolls question, may tend to delay until tho next session of congross tho completion of tho so-called trust programme. Many of the members in both houses aro anxious for a compara-tivejv compara-tivejv early adjournment. "Personally, I prefer that this wh,olo subiect. bo concluded during the present' pres-ent' session. Still, I do not know that any harm can como to tho public if some features of tho proposed trust legislation leg-islation aro not dotcrmincd until the next Bossion." ILLINOIS CENTRAL TRAIN IS HELD UP Bandits "Wound Uegro Porter, but Aro Compelled to Flee Without Securing Loot. NEW ORLEANS, April 11. A daylight day-light holdup of passengers on Illinois Central train No. ni was attempted today to-day near Tangipahoa, La. Two robbers, rob-bers, after shooting and wounding a negro porter of the name of Allen, escaped without obtaining any loot. Lude Anderson negro passenger, leaned in fright irom the train, fell under the wheels and was lulled. Soon after the train left Tangipahoa the robbers entered a day coach fillod with negroes and commanded tho passengers pas-sengers to hold up their hands. Ono bandit flourished a pistol and the other began to search the passcimers. Allen attacked tho man holding the gun nnd was shot through the body. It is reported re-ported he was dangerously wounded. A the nogro foil, one of the robbers pulled the bellcord and when the train slackened thoy .lumped and fled through the underbrush. Iso. 54 is a local mail train. It loft Now Orleans early this morning aud arrived at Tangipahoa at 0 o'clock. Tho sheriff of Tagipahoa parish has gone to the sccuo with a posse. |