Show PRESS PARAGRAPHS The federal incorporation bill 1111 Is still under discussion by by tho newspapers New York Tribune To put put an end to the present anarchy that prevails re regarding regarding regarding re- re garding the organization of corporations a federal incorporation law appears to offer the most immediate and hopeful means But there is no disguising the fact that the change proposed is a great innovation It will be objected that federal federal federal fed fed- eral Incorporation woul would involve Immense immense immense im Im- im- im mense centralization The question will arise whether or not the federal Incorporation Incorporation incorporation of manufacturing companies is constitutional Moreover the change would affect the taxation sY system tEm of many states All Ail these those aspects of the question are so Important as to require much consideration and discussion Now that thata a tangible proposal i is before the public pub pub- lic ho containing so many features as this one does docs the formation of ot Intelligent intelligent intel Intel- opinion will be possible Kansas City Star There are two reasons reasons rea rca sons why the federal l Incorporations of Interstate concerns should be provided for by law One is that there may be no unreasonable interference with the natural natural nat nat- ural ui-al and desirable consolidation of oC business business business busi busi- ness so long iong as such business is conducted conducted con con- ducted with due regard for the public and without oppression to competition The Tho other and greater reason is that the government may have better weapons Corthe for Cor forthe forthe the regulation and punishment of trusts and kindred combinations that are aro disposed disposed disposed dis dis- posed to use their accumulated capital and their trade power either to oppress the consumers or to crush competition Baltimore Sun President Taft has as assured assured as- as the country that that- the bill if enacted enacted enacted en en- acted Into law will not be made macic a refuge for the trusts that the measure is Intended in intended intended In- In tended to increase the effectiveness of the tho trust anti-trust law It would be unfortunate Indeed if the proposed legislation should have a different effect It ought to be scrutinized minutely and discussed thoroughly thoroughly thoroughly thor thor- in congress be before Core final action is taken To pass a bill which will add enormously to the tho powers of the federal government without affording greater se security security seg se- se g of ri trust s to o monopolies the io people would from Td v the bo be a operations P grievous g Injury to the tho nation St St. Paul Dispatch There is perhaps no question then that the courts would uphold uphold up up- hold a federal incorporation law as properly properly properly prop prop- erly within the power conferred by the constitution to regulate Interstate affairs and administer the government but its constitutionality is its least interesting phase Its economic results and its bearing bearIng bearing bear- bear Ing upon the states state's power over its own corporate creations which might pass under the tho control of federally regulated corporations are of vastly more Importance Importance Importance Import Import- ance and interest Boston We believe th that t c certification r- r by the federal authorities would be of sufficient value that it would be besought besought besought sought by corporations engaged In Interstate interstate interstate inter Inter- state commerce and that business Interests Interests interests inter Inter- ests would without compulsion accept a degree of supervision inspection and even publicity if by that means they would be beable beable beable able to disarm public suspicion restore confidence and make business conditions more stable Chicago Inter Inter Oce Ocean t The federal corporation cor- cor cor corporation law Is tho the next move In the program to make a federal Inspector a constant presence In American business operations overhauling most private books whenever he feels like It or his superiors at Washington wish for any reason to exert pressure on the business Interests of the country Houston Post Statesmen Jealous of oftie tie the rights and find powers of the states ought to see without difficulty that a a. federal Incorporation act would not only further encroach upon the rights of the states but in reality d deprive I the e people of the aln dg be states of the the- power g to protect themselves themselves them them- selves against the oppression and exactions exactions exactions of monopolies Philadelphia Press The revised federal federal federal fed fed- eral corporation bill meets expectations It It gives substantial advantages to the corporation In freedom from state Interference Interference interference Inter Inter- ference but it also gives substantial protection protection protection pro pro- to the public by federal regula regula- tion Providence Tribune It will take or- or citizens of this country some littie little lit Ut- tit tie time no doubt to grasp the full Cull significance significance significance sig sig- of President Tafts Taft's plan of national national national na na- na- na Incorporation for the so BO called trusts and one of the first questions they will naturally ask will be he whether under It there will not be provided a sort of shelter under which the trusts can continue continue continue con con- to practice about the same re restraints restraints restraints re- re of trade of which they are arc now in the legal sense sens 1 guU guilty y |