Deseret Evening News | 1908-03-12 | Page 9 | Herbert Knox Smith Receives Instructions

HERBERT KNOX SMITH RECEIVES INSTRUCTIONS Washington March 11 President has directed Herbert Smith of ot the bureau of corporations to I Investigate Inv the he methods nl ot or stock trad Irad tradIng Ing with a II view vie to furnishing tho tin basis dt of future ut ro legislation regulating I such practises tho difficulty Is ot of attempting federal regulation for or tho the transfer of stocks which will wilt operate to 10 curtail purely gambling con contracts contracts contracts tracts and at lit the hc samo une time timo work ok no to tl legitimate transfers ana Utia anaU It U Is announced to bo be for tOl the tho purpose of Sr proceeding on sound 1 principles that trie te Investigation Is being made Prest President Ir si dent Roosevelt has haH Declared himself to tote toI tote te be decidedly ly in favor aver of eliminating I stock gambling