| Show pu BLAN r TASK 0 WIh Tariff Out of Way Congress Should Take Up Rail Railroad Railroad road Bill TAFT SUGGESTS AMENDMENTS Creation of Interstate Commerce Court of Appeal of Five Members t la nt nl Length i io iII Ind Points Out a ti Number Of or Defect t TIP s W I r la 10 JO President It pont 4 little more than four hours houra to i Le 11 today toda and during that I 1 r anted with U S 8 Senator I Of f the Insurgent loaders r I an nn Imposing pa paTto i i riM Tto of 01 federal troops en military tournament here ID It a L f rg j fl nil air address s to lo an nn aDd at mode n fl r M 4 1 gathered from all nil the In which he ml the changes ho he will vIll willIn S1 1 4 m 1 0 tL interstate ul ni n m In fl the II The Th president an anun id aMI aI ft mw his In t I 1 uld urge the tho un d t i un n interstate commerce rt rl of off th ft HI it to consider con ftp ti 1 f II fi I it lk s fixed by b tho the Interstate II 11 allO at t f Mil II rf ommond legislation Ie nt nl mi interstate railroad com corn cornI I II tl owning I ning Mock 1110 1 In Imi a n 1 line MM an I mi railroads thus thue r ig 11 t I i to dispose of their hold bold ith n fl a It gien time l 1 prevent the over Issue SIlO c r FM ks k ni 10 i i r and antI the waterlog watering r K v i 1 i strongly recommended i I 1 i 1 nf nj i 1 the choice of ot freight Is Isi II i L 4 0 m rn ti i 10 shipping which tho i L imp IP t Tt provision t f fI tak law lawI the antitrust I lak ak n fl ii P Ii I i I ii r f 1 that he knew linow ITo mi jv n I which u hi Ii it h ft B R ad distinction Ul d bP mill 11 1 good and anI bad badum fui um UI f li h II nil All combine comb Inn and tu to tunu n u ns fi 1 o ij p competition nu fJ Th a It ol to bo be In tho the theLi the terms of ot oft ott whether hether Li iy 1 t I inn enact art should be ho regard r gar gart t r i sar 1111 Ianos a n reasonable t r iw ii I Tho The president also allio alsot i ni t I u fd th to 10 IC except labor lahar iii 11 l ns nl and f organizations f on om if C o a Os ration of the antitrust war s I To ri III Uh all ROy except those or Hi tL Mi n In III 1 declared 1 would 1 be bei beJ i i J but hut he pointed d a aj aJ as s j m ta win n Ill hi n h they thes could bo ho relieved Ont omi i t the th onerous on restrictions J Ill oJ I In them thom but nt at the then ther r t in n 11 tini br h ht hIJ M amenable to In UR Iron 1005 n a h form orm of proceeding tu I a to tu deal 11 lOa I With i o OC b l the I he unions PIa TITS SPEECH 1 if I nt nl laId isid FIli FeU i of or Iowa I have f r Kt a 1 in 01 u such a con conZ conI I O of Z i 1111 of ur one olle of the tho nu mot motI t ti i i It f e i states tato In III the Union in II 10 hi has enjoyed to the full tull the I t i ii Uy hh III i t has baa ho come conic to the tho man mani manha i ha nu i t d 1 his hie money and his hist t n Ii I i i I n II for the th last decade i lOa 4 I t 1 n II I to 10 be M a state in ini i th Ih 0 g eat at Independence of t tI I huh hi h the voters voter i o d with refer r fr frI I 1 i to ami ut i and aDt policies p that t I in I l i i h Ii i lire are re looking for po io HI I i ir rp r in 11 a constant state ot of Ihl ht mil 0 1 iu h i i I v irh Ih i It Invite your our att atten n nt t I II hi n N I a Ith the 1 it i r tin I u a ay ro ti f the tiie time at ati att t V i i i H I m I S rai rII in li h Republican I 1 t I i I rigs Ie thi th I i l t in i in tj t do In the tho coining Ii uL 1 i in i 1 n nIr Mr jr Ir 1 Tt rt t 1 t th the Of the ther thed tr r d i I 1 se cra years AltO ago in ink inu u k I i 11 i t commission S I uty lI t to 10 lix H cI c nito ral ralI I I 1 I i ITh Th t r 1 Nil 1111 ui has haa ha now ben been I I In op oper OPe ii i are ars end and It must nutt be beu bez beel z el i u lies haa ha not nOI the th r I t unduly luly 4 ti 11 11 t i x und and 1 i f J d dM M I II of or the th decisions of ot ni i md ir ort to the theU ther U of r I hi tu Hi d the th hO hOI t tin 1 ii h ft t h of the th lb t tH nt I 1 I law las la I the d delay tay tayi t I I i 11 Ion In th the court over of the t order of at time the thoI I h 1 cull nut be h i n l right I I U t iw Ie dime 1 to 10 reduce tin Ihl of t f so 0 that thaI them nIl nIlI mirt set rt be prompt I H I 11 im 1 ii I I nC u 1 oj i J now floW bv liv I a number of I i i III cabinet simo iu have HI m 1 Hume of the them themI I Irta to tu toh 1 h ii from fl time the thi tI rUn of a aI r I J state Ial commerce court ourt d I which such shall al iii l In II InU I U 01 Fl ii which ahal he hem hI thim r p a hlO tu tO tot POt I Ih the nf jf f time in n nIr Ir pan un On OnI I I and it 1 I u 10 I pro po pi 11 a Judge n order staving ho th i r Hi Ili eom en r 1 bum bui 60 0 tn and n ml 1 ii I lint hiI no flu nl shah 1111 1 b b I 11 the th ohl ft nf tf the eom coni 10 WI h Kimii 4 I liy y tie the ti whole 1 I 11 lb member I I C 1 edge In the lie Interstate I hl t tv to U tIve to 10 id I he hed l I n d DO I 1 immor leWer to 10 tl i unjust o r for tor r II u I I I Perfectly clear cler Ie i I I line Ji In time tho name al Iet t to ID 11 ue I J po n It Uy UyI Ixu ii L n nia Jd kin I I 4 t I J ll H HS ua It WOUld woul Cd I il IJ un rule rote rull UN as fl 10 to toI I Y Jn I len J I he c nut not tho tImo thon thoI I r In ronn n lust it Hie Ih tl jio Br of tho I ruhl bv le ID I Ic IcI f lh Ihl them of rol rul rule I I n T lt Ii I i but I alio allo thu tiei lull tv II if I f fA H I rov un ul UnI kJ tf unjust A m I 1110 I 18 f in 11 th act ll huuM ft r 1 r ill on limy Ila IllS bv he h he heI t I or Ue 1 mo m no rules rul Jl 1 p ter l t 8 on ship shippers pets pers p No o n doubt ought to tu bt left Itt lh tj I ct to tho tiit potter of t the Ih tb on Ilch n it I ln the he I rules and of u tL railway are Ar the means by h Injustice may mn lw hc 1 n nto to tin the shipper H It I would n s em 1 mn aehl 1 in to empower tho tim lon to 10 compel ln 1 eon 11 l to unite In II forming route comets noel and to tn fix dx Ix time tho th rate rat and tho the apportionment thereof amour thi thu tl carriers lallen Tile Tho Th commission should hould alI bo be b empowered to trl the and ald regulations un Ir whIch th the ship shippers pets pers pet shall have hlo the thee I ic to 10 dM dee Ignate the time roots mut ut ov or r Which thuir shipments shun shell l hI hi earned to tIme dee dec declination de net rier hut of ut th the cur currier cr curnet AGAINST STOCK mo t Im nin nt of Iho limo law of or which was i rn hi I time HID timea It B n prohibition against n any an Interstate railroad company stock toek In coy any nn competing railroad In the th future and hI n it further provision that thaI no Ia railroad In room com 01 inore shell Hhall Ihal after a n date hold holl sloth tod in to 11 a I competing railroad and time tho further amendment that lint after alel limo iho pas iss lf w sage Kf of the tho aft nt no company engaged Im In II Interstate corn com cm shall IF 11 IW any nn ItOC or bonds or Other othor othO obligations except x pt with wih tho th approval of the Ihl tol batted based upon a n finding by time the th slon Ilon that thiet time the same sarno Ime mime aio nr issued nr first t for tor purpose authorized by law und til second for tor a I price pric not net loses los than par lar for f r not lews hots 11 than IhAn thin tho reasonable lU ln market value of f bonds bends Ind price bo be b Ing log paid pU In II cash or In property pm 1 rl or er ir In II services anti and It If In iii pro property or at lt time the tl face ieee fac Ion slon thereof as by b tho timo rm mis nATE In addition to to the law which Ire looking to tim tl a rather more bore drastic regulation r of railroad rates than heretofore another provision should be added by which may bay 11 be per I bitted to agree nl ullon truffle rate tea and mako make contracts with respect re t to rates that thai shall Ihal not be pooling c contracts but shall shah constitute agreements as to 10 rates lUtes provided always alwayn that thai such uch agreements nr shall hal receive time tho the approval of or the In Interstate commerce In II this wise ge tile the op of the time antitrust law la against between mil nl roads coals roa will wi be abolished 11 against their prohibition would wOllI be 1 sub substituted aul a 1 that such agree agreements meats ments shall hal tho ho of ot a a properly r rl constituted tribunal ANTITRUST A LAW rw This TimIs brings me ole to tho th question of the tho antitrust law Jm While we WI have nut not threshed the time whole matter mater out so fiU us OR to 10 reach rh a 1 definite conclusion I r am atm still Inclined to the limo view that tha Limo tho way vay to tomake tomake make Ilko tho the antitrust law lw more moore effective Is II I to 10 narrow He Its IR scope Op so 10 that It shall not 1111 In Its Is prohibition bitton Ilton and end denunciation an aa I a crime any aimy anything an thing but bil a hl or combination or contract entered Into ilk with wih actual Intent to monopolize monopole or com coin competition petition In Interstate trade At the common law eli all I contracts In restraint of or trade tr except thol which were called cali the time courts would decline to enforce The Time antitrust law lass 10 denounces such luch contracts when In restraint ot ut Inter Interstate state etal trade whether wh criminal whether made with lh Intent to t monopolize or sup suppress suppress press competition or without Intent lutent to todo todo todo do either cither Tim theory omed to be that a contract In restraint of or Inter biter Interstate state trade tended to a monopoly neal and all therefore should be lw denounced of ot Its item I tendency whether there ther was we any alY actual purpose on the tart part of ot the Iho per Ier person son miami making It I to monopolize or sup PICKS presa competition or not leR This Thil fatute of ot the present anti antitrust antitrust trust law 11 has h It seems weakened Its force farce f because It has imus hUl seemed to bring brine Within tho the condemnation of or the law contracts and other oth I arrangements which a 1 vere CIO actually Innocent In their Ihor diameter and which whelm were not nol Included In those various combinations which It I was wal the real Intent of OC them the law Jaw to suppress If the crimes armies denounced In tho the law II were cre confined to combinations con eon conspiracies and un contracts made mad with In Intent tent tont to monopolize or o partially monopolize olze Interstate trade or cir to competition In trade then the the real Ical object of the th law would ull coma within Its It denunciation laUon and no one onn could declare lre Its Ih opinion to be unreasonable In that It included a I lot of ot In Innocent innocent contracts or arrangements FAYOn LIMITATION II It ft has hall been bean lel suggested lug eted that the law ought to limit its denunciation to those contracts In Iii restraint of trade note tint are oro unreasonable It I dont favor any Mich huch limitation It I to 10 he ha pro pr to 10 leave heave tu to the Lime to decide what hat combinations and contracts In of trade tr ll ought to 10 bo be I permit permitted ted to anti and enforced on 01 general grounds ll of ot public policy In other oilier words to h ha lmae vc the court curt attempt to establish seine Home lome line limme Ile between what are aro called caliM good goo und and ball bail trusts trust UM gee 11 If I th thee suppression of competition In some seine cat eases OH wui wa va a IL good 1011 thing arni In other oilier cum cites C wn wal hind I r a rO that any ally such distinction can be properly inn iIa nude All doAll doAl do combinations to suppress com coin competition Al petition or to IC t maintain a n monopoly lono oly lu In whole or In part purt of Intel Mate trade violation of ot the are ar und nl should be tie In antitrust law and und should bo be I punished for Cor time the as I such uch und and there Is II no room Im expression reasonable or unreason unreasonable able In this gt view Ie of cr the If the thus statute were wro limited to oom om und to t with wih to monopolize ze Interstate trade I rall or 01 with Intent Ui L I competition therein It I would probably not lot Include H Il its a n boycott cot aK against in t go going ing Into trade trado because baul such sucha luch luchI a boycott t I Is a 0 megabit inter interstate state I tut trade trude with tho time Intention to te so It hut lait It IH ii II not H a I r of Intent lu W cuber interstate trade with wih Inlet of ot or to t monopoly the goods good with lo to t which the contract gOa Is I ld i TO I r am na ly o tu to tl from th t the op OI of at any Rny law tow of ot gen geil general leu eral enU application n a eleis of Ik like Ilk or Ut r working m IMI ii or r of ol le or 0 o tea lier 0 or lawyer O Fake ke Ibe thu tb anil antitrust trust lu lac then And fn Insert rt a exception n to II in thi of that law iw by Ii 11 tl that lint It I lot apply to tee th tile tho trade union claims I and I it Uld b be legislation of tile the Ut most moal It vicious char character Iu acter but hul whelm who you 1 make mak the th Uw hew apply ppl only eel to tie e u sinking to I s or 0 tu to time the reels trad then teim time the labor II bo ott i w 11 bbl not nol included h the statute would wold not hot nt i whIp vide tit tee It I In tim II IU It It w W and timis result IK lee II without at all ahi allA allA ahiA 11 I A telegram r 10 Un r ue vt l till tiet ti by ly ashing If It II I e u p Ihle ihlo that A M mii lUI ii i i of If ii th h strike b I is dm Ing th iIi vial visit Th The h mayor tOIle 11 Pt mIn 1 HIM tt tad of f Ui time l rot i ICi ui IU jl I ui t readily nir agreed il tu tie II tb tM t 8 iid 1 an em a U Was wan Wi ni at tt our I made amsel that all 11 car er won would Id be b it slopped ip 4 fur for the du di ut wt 4 I v u m in I inN 01 and anil Atom mn N n i durl 1010 In I Id time the Ihl ci f r t is Ani arri ril 1 toli 11 it u Nm N UI tai rJ t n a I a made In tm I re rII un e r IJ ert r Ire re There T ro have I Mil Mim no dIK The Time strike leader alt fA ed today an men n effort etor would be mule mf 1 to lur lurAn an with Tuft on o hi hla mi arrival here hr In the time hope hop hp of Ing hi iii servIces In an t to t Uv time strike trl It I uld Ily I 11 Ie to as lcd 1 I HII Hi HI H bureau In tin th maj Cement of ui tu te II Institute IN I 11 Ut I IS tot ful fi lH Of ui Ir the tIit libel state Klub 1 on I la Is H a lul or Ir tt I I iusti t 1 i II 1 In K till hi It I v I on lit Ij I lie w a Iw I is to Ih of f n I Ims lie Its I POps I a 1 ca Ii h t to di I II lain teJn ta n hi n Hl r ut w I HIM Ind mend the lh Into Ilo their ther jim til 10 so o fur tur UN jUt treed U i a nm ton rn ti tiit It I lu h 1 i ebb ii 1 libel oil i to 10 tod d I II e roii tie th thIU i lie IU hull ii I I ci rum of ur r tin th ti lull lit lilt I e 1 I III 0 I 1 IK t c I IO iut It I m III to I Iti III Hi ti i it I mil iI 11 I I o m 1 i i t tak taki 1 i n flon f tin 1 in iii em ill 1 i I WIH 1111 n ii nt 11 t td lu tU Ii lt j ii l uC eel IU tm 1 va ta validity 0 of if their order orn Mora before the th Int i title tate common r ri oUI 4 ii uW mid aid 10 ls IM i a th thc inn liil u u oI thus thu r rile rileI t I I Hi tim of Ir a 1 I I ii lice ilin Ih I t I I ii I tu to IN I a h it 51 dl In II th II it mil u tie I Til fh two t Ia tat I tt ul ii mm II ml he h nu 11 cm I Ilie l If nu ilir lie it t tt t lit Ion at or 0 run fUl i r n in 15 I next nest s m 1 IJ dir 11 time the 11 Uj I ii t uit Ui 11 II In n i tr crew runt i iAn An Ad Ai till timi u Ia 10 in Ii A the te lUlL Jut lu t tL UL I th iii I M ii of or lh ties n tOI V Hat form in I u CP an sn 81 i In I ll 11 t Ike io hIHI I 01 0 ui IC nc a 5 I i c I dull du I Tin i IH if K hero at tet H It It lb I a aIll ui Ill I rr pr n |
