Show RESTRICTION OF TRUSTS IS STRONGLY Y u URGED BY NEW MAN FROM MAINE Congressman Littlefield in Ill Roosevelt's Couf- Couf on 1 d dence ence if Gives His is Vl Views ens enson ws 1 o on Subject o of CO Controlling Control Control- ling Monopolies ono o ies r NEW YORK TORK Aug AuS' 1 Congressman Charles E. E Littlefield of ot Maine on one of ot the leaders In Congress In efforts efforts- to curb and control trusts trusta and trade combinations com coni- and who has held several ec conferences with President Roosevelt Roose on the tho subject has hns written an article for for Leslie's Weekly 1 In part as 1 follows Restriction Urged In my opinion It Is IS' Incumbent upon Congress to tb such action as lies liest t Its power to place reasonable restrictions upon the operations of ot creat great corporations and business combinations com com- commonly known known as M trusts It would B seem en Impractical Ucal at least atthe at atthe atthe the outset to devote attention to other then than regularly organized corporations Nearly I hausted Tho Sherman trust anti-trust act has nearly exhausted the con constitutional power of ot Congress In restraining c contracts con contracts con con- n- n tracts In restraint of or Interstate trade and commerce It Is I think 1 of ot some amendments which will wilt Increase Its as a piece of practical operative legislation These are arc suggested in In one oC or the bills I have In In- In Publicity Proposed One of the greatest evils of the o- o trusts to m my mind Is Involved In iii ov with possibly at- at or deceptions In connection with their organization atlon and to pr ido a n. restraining agency inthis In Inthis Inthis this field Is the object of the measure providing for publicity which I 1 have introduced In the present Congress and which I am Inclined to bellevo will pass With compulsory publicity t turning a searchlight on the antecedents and to a a. certain extent upon the operations of one of these powerful corporations the ordinary citizen will at t least han h have ha exercise his Judgment judgment Judg an opportunity unit to ment 1 An In Important Feature An Important feature Is the practical cal tal nl certainty that th a r restraining influence In Influence Influence In- In fluence of at this character would tend to deter more or loss less J unscrupulous persons per- per sons eons from foisting upon the public In Industrial Industrial industrial In- In and commercial Investments of ot unsound character And again It would t tend nd to remove the Incentive to abnormally Increase the price e to consumer consumer con con- sumer In order that dividends dl ma may be declared upon a n capitalization greatly In excess of ot the actual amount of ot the tho capital tal Invested State Co Operation Then again a making law bo body y can caneca eca scarcely ly b be h e expected to correct all aIt the evils Involved In th the operation of corporations corporations corporations cor cor- If tr It has not the operation co-operation of ot tho the governments of the thc various States and certainly not If tr some of the thc States continue to manifest a willingness willing willing- ness to encourage the the- organization organisation of ot corporations of ot almost any character and with scarce scarcely an any limitation on their powers so eo lonG as DoS the State Is enriched enriched enriched en en- riched by the thee money paid for tor the lul liege Constitutional Amendment Comparatively limited as the Juris jurls- Jurisdiction diction of ot the national Government might appear In the case I cannot say AY that I nm mn at this time In favor Cavor of a a. C Constitutional amendment broadening the power of or Congress s in this respect I would first exhaust our constitutional power under the Interstate commerce clause |