OCR Text |
Show ANTI-TRUST LAW AMD FEDLRAL INCORPORATIONS Oovtrnmtnt Control of Big Induilrlai Corporations favored AiBrtl 6copt of Preaent Laav It Too Wide. Thar haa bn a markisl ten1n.y ,n bualnaBa 111 thla routitry fur 40 y.ura ., paat Inward romblnaltona of a-apnal ar-i ylant la inanufaolura, aala anj uj j u ; ' 1 . .... I -, .1 -.! ., of a at -I t ft. . 1 .. - .1- , .I',. !.!.. III..,. "I '. oil - a, a'.,... I I, a lla- a m,. I.... .,. a an.. I. r th- a,., f Th- Il- I. Ill Hi- i H 'hit aaf a I .l n. .. I,.i lh- t'o'l-f- o' -l...t ti... l al In tafl.tn p. ..a:,... n. Hi- , i,,arf, H,.. ',i.i.. I of t ,-rtaa ',, n.l. ,. r a- Ih. III.. I .-1,-rno,,, At.'l Tt,.. .,f ,,, ,a.iral. . o ttl. toiii. Hi 111 tin- r-.iin of a .'la a't, I nf It, l-i-till- or foialy,, ir.a.tt ,.r . ..loti.-i.-, I. . on. t. li,ti-l - .ml,,. Ml ,ai,.l ti.a.l, a',1.1-. I in II..P. !n,..l an.l .--i,ili,l hv lial.in.Hi.n. ami wh.r.hv In II - I ... Hon .v.rv maim .poly ..r all-. apt . ni. a. rat V with iilhrr prr.aaiia laa uitinopia- '.""'la' d,n...ita. -.l iib lll-:il nmi ni.i'.'l' . ,1,1.. t l.a aim. l.r puiilahin. nt nr r,-.i r,-.i aim. w, iiiaiat litf-r Unit Hi- -v II alita-,1 ,, . ,. t,t lh, i-,-r, !,.,,. .. of Hi. an- ''t'pi'.l" ami pliihta wllh II .t-.-.a or I .'.'t'-ian rni.am-r., or In liim.upntlBe It In at... I. or in part. I Trull Nol Necrnarlly Bad. M,,iin-ily nVatrnv. .. .ii,-anion -nilr- la an.l III, l.atr.alnl i.f th, full ami fr-a 1 ,H-r.ill..li nf ...uip-IIHon haa a la n.l-ii. y ,., r-.ttaain t .tiiiiia.r. , ami ir.,.1. A Luiaili.ii of i.r.ona. for,n-ilv -.,,., ,,, i, a.l aa parin-iBhlt.. nr . ora.riiil..,ia or ..ih-rwIB- i.f raiura, rllmtiiatra tti- anni-t.lltl.an anni-t.lltl.an that -lat-.l l.-twii Ih.in. but ah. In. lil-nlal lulli' "f that ".aaa-llll.aai .. not In ! r-a.al.l-.l aa n, -a.arilv a I,,,., t i-alttilnt Of lra.,1., Ilhl-.a of aurh .i. all -inhra. In rlaatii. l-r that lh. . i. itllon ami ,fT.t I lo H-airaln trail, ar, ipp ir.nl fiona lh. t Ir. uniaiaii. , a or ar. . apr.aalv .1-lar.d to la. Ill- ohl,. t ,,f th- i-ninhlliallon A nt.r, ln-l.., N r,- .iralnl nf tratl- ami p. lit I. not .altlaln lh, Inlilltlllon of II. - a t. toil It . whir, th, i oiiit'l t hi 1 loll nr i ap.rmy or ...niriait la lti.Mlal.lv ami .lltr.ily ,!'a r.-.irainl of tl.ul-. lhal Ih. .talli'i, . vloh.t-il 11,, Bi-riiml rniitlllluii of Ih, ml la ailp p a n. .lit uf th. Ilr. I A .III.. I i.alr.ilnl of ii.i. I. Bili li aa la . .....I.tioa. .1 In Iha lia.l a-, than. If -Ml anal I lo ..appr-.a t ni,-lltlon. 1. a.n. nf II III- na.-aaal ito-al,. I. a.f .. . u.i. .a a iik.i- ii I ..IV. run-1 al In lb . .t.ii.l Il la p- .all I- r,,r Ii . ..au-ra of a Ii.ibI-n.aa Ii.ibI-n.aa a.f iiiiiii. if.a. luiiiiK . . I ..in . a ti. .fut attl. lra uf llarl, I, .,,!.- n.a. I tli.ar h, lain. a. aa not In vhlntr l. In- lall.lt a nf ll.a m.ll Iruat law ai-l a.'l In B- . nr. tu thrill.. I, . a lh. l.-ln III of It,, ih.n -hi. In Ih i ...I, . ntruttut, iiii.l. r a roi I of lure- .a.pitiil anal miiiiv phani If l l.-r iia ih.-r l.,-l,i. hi n "iiBliai w pit. nr I r iii.-lu.t aa.al IIB Kiaual .plntlly to atlra t . urlolll. a, -I tli-lr hi, alo... la a lirnntahl nn-. thy alt. lal nn low If II, -ir a.'l, oil . f in w liivralni-nla a.f aapllnl bv oihfiB hi i,.-h a prnnint.l, liuatn-aa la auftl. i-nl tn, pilra-a al wtil. Ii Iba-y aril lh-lr prnrl-ii. prnrl-ii. t Hut If Ih.v alfiiipl l.y a n.a nf lh-lr pr.-.ii.l. railiK riipllnl. ami l.y a aula nf lh-lr a.MMl. i.in,ri,rll. al limluly low prhra. lu .Irlla mil uf l.ii.liiraa lh-lr lamip. III. ire i.r If Ih.-y alinnpl. by -rlualv, iitiitiaala wllh lh-lr piilruna ami Ihr-alB aaf noli al. alii, a. ,aa pi up.. n am Ii tnulriirta or by ntlii r ni.lho.la ,.f a aim -alar rhararl-r. tn ua, Ihr harat. lo-.a nf ih-lr r-ainir.- ami th, -xi-iii uf lh-lr output a-iiinpara-il with lh, tiiiitl nuip.it .a a m.aiia nf i-miip-lllua- aialmn ami rrlahlrnma nff roaaap. I II l,.i, II, -la Ih. v .llB.-haa. a iiuri-is- I, . riBlniln 1ln.li. i,n I 111 -alaltllah a uopa.ly. ami viol Ihr Law lo Bupprata Abuses. Th. ollri-t uf it,- ,11,11 ir. a.l haw waa 1,1 .pt, a. h. .1-1.. . ,,f l.a, f l kin. I il-ai ritual It waa nut m lui-rf-r. With a t. HI Miliiui, a.f rnpli.,1 Uhl.li. roiir-ntiat-il iin.l.r .rai.i.K.alloii r.- alu I IP- a-oat of pi. ., In. II,,.! a, ail ,,., IIB protll IP-.. I.N alia. I l.aak lltl a -tl .1 III U-of U-of lla alt,, lav in-thoata nkln In ilalla .a, lla atlll. aoinia-tt a Willi II. I wlah tn naak- 11,1. tllat Im linn a. .in- pintlr aa paiaalhl-. hraaiia, I ,-, iv. Haul tmlhlna mail. I hitpp-u inur, at. atru.'-Ilva atru.'-Ilva In tha r.iai,rlly nf Una iiinttltv th all II-, Inaa nf I Ii at r-nl a-.,iuunv In p -a I ... Hon wtllrh haa I i, iiml alll b, .....,. -.1 In all niaiiufiii'tuiliaa liu-a In th- a-in-phiviii-ril nf lara, riiptlnl iiml.r nn- iiiain- thaiia la nut a limit bi-yoii.l wlih-h lh. riaiiiaiiuy aaf maiiim-iii-til liv Hi- anlata;i-- tn-lll nf plaint a.-.l.-a. iiml ivlarr- Ihla ' '. ma ami .-mialaliiail Inn .-..!, nn.-a .. 1 i al thla aliit. th, vrry furl at, ova. In- ti nt In ItK.lmlmlls. anil lint tn arain Ilr. I'll iirill"il purpoati nf miiiiv roiiihluia. thma aif luplliil tn Hila niiinlty w aa n.it i-oiilliii-al tn th- l-alt it. anal pr.ipaT nil- j'l...-t a.f r..lll.lli Hi- a-aaM a.f pi aahi. thill. Ilrailra will Blitiw at llmi-a a f.-v-rlah il.-I il.-I aa. lal unit by imrrhaa.. a a.uil Im, I Ion, I ur ottiitrwl,, all th. phinta In lh. raauti-I raauti-I ia- ,iiaaMa-al In Hi maliuliii'lur, ur ii p.ir- th iilar Una or .anla. Th, M-n waa rlfa that Iha.-ahy a nimi,iaily i-nuhl la) i-f. ' f,rl.Hl ami a ronll.il of pih.-a l.r.aiiuht aiaiitl whl. h wnul.l limra In lh, prulli uf a Hi-.., "a-l I" roiaal. Iinill. .ia Th, I pa ill of runiman la atra-wn with fall.ir-a I if an -h i-ninhliiallnna Tli-lr .r...-,-tnra I fouml lhal Iha union of all planta ,11,1 not 1 prov-lll i-oinprllll.in. aap,. tail) wti-ra iii-ntt..r ..-.iiioniy ha.l l" l"-n p.ira.i-.l In tn, pun-haao ami In lh inn.lai. t uf tha b.iBlli.BB uftar Hi Bi-nllon waa rniii-i rniii-i l,i,. Th-r wrr. .nouah. h.iw..v..r. ail j ..oh amrraafill riiiiihlii.ithina lu iiiniia.. r' 'aull of a i-ontlniiaiii-a uf till iiuivi-m.lit toward th roiii-.ti trial ion In Hi Ii if . f-w of th abBiilul rontr f Iha I price of all maniifai-lurrd praalurla. I Refers lo SuQar Trust Cass. Tlia anll-lruat etatula waa p..a.al In iv.a ami pr.Hjraulluna wrra aiK.ii l-aon uTdrr II In " ' "" Ml""" i. Kntahl. """ "auaar trual . .. barauae uf th narrow a. up, of it., ulra.llnaa. Ih aoiiiblnatlun smniht to !!, tiilolnad wna held not lo b III. lu.l, d wlllnn tha pnilubltlun of tha art. ba-.-aua. H . av.r.n-ni. did "l ' ', , ' m,i ac-qulmn of nianufaoluilna plants r,r Iha rrflnlna of ausar. and dial na.t In .hula that of a illr.a-l and liilrndrd ra- ;,rlnl "P." " y ""T ,n"'' aala an I delivery of euaar a.-maa atuta noun.larl-a and In for.ian Irad. Tha rTault of the euar trual raaa waa hot h.iaiiv In that II aava ollirr ronipaiil.a ,d romblnallona ..-klin a almlUr mail.. n.l of making prom by ,alabll.liln In ibeolule,.-oiitrol and monopoly In a par-Uvular par-Uvular lltl of manufartura, a arnaa of inamunlty asalnet proaaaullona In Hie flllaral .urladlrtlon. and whar. that uriadla-Uon I. barred In rrap-n to a pualneaa which ta neioaaarlly ooinmenaur- tl f im i :.:h';..,';:: :' ,.:.,; .:; r;:r :,::, ! f , ...... . It. h aa. rr aa ,i ... l . h,. I II i-l-.t, .-t II a .'.i. ul. .,.! . ,. 1.. i ,,. I Ii II I" a -1.1 ..nil a r. ... II I l.aa- j ,.,! a ol ,1,1 tl l It ,,,,, p.. ,,. I i ';';:;:,;:;;,';'.',,'::,",'; ;";;',',';":,"",'.". I ..f ....I. i r .v an .-.i-.a pr. nil i a il, - . a ,. i ..i ay Holt tl.it ana ta In. to. nil. I H -ti ilail. of ll, ol. -arr h" lal la I..- n il..,, ah. law an.l ii- r....,t..l hv III. . r.il .nil-, mini Holt, to h- althln Ihr alai.itr. th, -IT. -I aipon Ih- h.ilt of Ilr n. train! t il l.r ll-lllr. t Tin- 11 a. ,11. Ihrr-for- for an ii-Ho. ot of Ih- .lia. ., I, a,, aa In -a. In. I- ,li. .. Im I.I. nlnl ami Ia-- II 1,1 .i.aa-ni.Ma In r-atr.ilnl a.f n.,,1- l.-l, In tialiima.il haw 10 b, r-aaaaiiialil-. th- a nul In emu i.f Ha i.pliiii.na i.f tl, fI.rnl .Ira-ult luatara. II, rr- l.aa- la-, ii liilliha-lio liilliha-lio la., baa Ina Ih- .IT.. I. if .,,,,,,,1 ,,, a.ak-n th- fort r' uf Ihr la'. tr bv lu . tu.tltia wllhln It nl.aair.lly iiiiiii. p.. riant ,..,! ill oi. anil arrana.uia lit. ami . ,t a una. r. fa.i-. II,- I. .!,,, f , hnna- H. K Ha in. at .aa bv lltlillliia lla ,, ,.,,1, -, ,,.,,. I.. a .r:.,.. . on.lainath.i.. with in- I. 1,1 to iraiialll aatmp-litlon or ,,.,ro pro. a A r.a.llha uf Ih. iiplnlulia uf II, . aipirm, tl. I.iw-v.r. iioakra Ihr ahaiia iiniii-. -a.ary. f.tr llu v . a. I affar. lllaK Inli-r.lat. Ila.t. Ill lull a Blnall ami Im ul. ntal wav. ami apply lb Blal-u Blal-u nil In Hi rrul -all ailii.aj at by Th- al-Int. haa I II on Hi ataliil bm.k nna fur two at-t a.lr. an.l lb eal-pr-ria, . ...irt In mora than a doi.n opinion, opin-ion, ha. . niiBlru-il II tn applh-ntlnn lu varlntia rliuara of h... in a a uu.l.li.atl.iii. an.l In r. lririi. In aarluiiB aulih . t nml-l-r It laaa appll-.l It In th- tililun un- hr nt i.littl uf tan ruinp-ttiiK Intrr- aiat, r-illloaala. In prlval, riialtiif.ia-tiiri-ra laaaa-il II. a plain all-oipi Hi nthlrul prlara niaal aaif.praaa r a til.in In a part nf Hi. rn-ilitl) . Im Inilllia a .1 II aliil-B. iml tn iiuitiv uth-r i-i-lul liiiilloita UfTa-, I-H.U I-H.U H.trralali- ltii-1- The vnltl of a .h.iiil.- win. Ii la r-ml.r..l m or. ami inor. atllain In It. rt . n It Mat bv a a. rl-a of .Ir--l.h.iia uf th, B.at-rrtaa, . oairt fumlah-a a .11, -na ti aaon far l-aMn lln- art ua II la. l.a ii, ..miph.li lla uarfiil puipoa.. ra.n II,..., all If II artr l-ia, n-aal -II-... I-.I. uarf.it B.uie-.ll...!. aa to rlmlia:, uf pluaar imaht be lou.l.. For Government Control. .Miaua' a.opl. . ou.ltia tlnu Kl-at hllBl- I thai Hi Bom- wav nr itthri n lln- -a '. .Iriiv.il Ik-iw... ii "a I tr.i.f '- ami h ol lioala. ' ami lhal ll la pa.aalhl. hy an., ii.iii . t tn Ilia. Hiill-lraiBI law I" liuik, 7," h"i llVo",,!-l.l.i7,r..!' .'i 'h '."""'ltd ".In ii ml haully if ..i.H in.-. n..t iibu.. Hi- a.w-r lay tukttall ton Ul- iil prollt anil it Hi, bilalnraa. Th-v p.. ml with ftitr. In II. a u.n nf lll,..l r.b.t-a anal plain . h,al-In. h,al-In. ami by varlnua aria utl.rly v.. l.,ta. i.r I iibiih-.n hnnraly nr lunralltv. ami utj . Hip r.la.l.ll.hlll. tit nf a - I. Il Illlr uf ot tin kind ran b- uitilahnl. iiml Ih.v. mi It... olh.r hand, b, p.niilila.l uti.lir Ihr luw lii riirrv am lli-lr tin. In, a. Vow. Hi- piibllr. ll, a. I l-atn-a l.allv llu- P lain. .. pihll... mik-hl lu rhl tlirnia.Ui, .- ,l ttl. ii that eaii'h a illailna ihui la i-t ... il.--ahi- or ran ba Im nalui -.1 into tha .tut- i. nullity iin.l.r th. ir.-aa-iit antt-lriial luw ni- am tl ilNllli-tlun a .lata It baa h.r.i ,ro..a..l. I.aa.a-r. that Ihr v-i.r.l -rraaiiimbl-- .1 1 la- iiiuilr ii part i.f Ihr annul-, and lh.-.. II al, ...1,1 l.r I. ft In ti".ll..lnl a.f tl.ul.-. a Inat la it r-a...hi!l.h- ...pprtaalon nf ran Illlon. what I. a r--.- .,,.,..1,1- ninnopolv I annul, lo ti,,,ta II, .u Ihla la t.a pul Int.. Ihr I. n.a. la nf th. ,nv . i.alatant pt-ln. ipl- v Ir, h will in. . ,. i,nlfa,rn,lty ., I ilr, lah.ii iillol I I -I holcnit III ll I lo lliraaat II.. tl-r a a.-ri. a tamo, n lhal lhry hni- hit I B to rii .l.l- It rm In rarrv. nn. I In ia. them n i-.wrr a, ,,..., I,i,,4 arhlli . . tl, lla- I a- of w 1,1. 1, iniul.l oair Whol- Jaoll.llll a). I, 111 In ,i. An Aid to Business Virtus. In roiialderlna viotiitlona nf th,. anll- Inial hlW W .KM uf tolil-r, not la. f-.ik-rt lh.it that law miik-a iiiihiwfiil. o.ll.o.la of i-iiriatiia nn I, a, .In.. a a. hi, Ii l..f.,r.. lla p,.aii... aa.n r.a.lt.l.il ll .VI-,!..,.,. .VI-,!..,.,. ., I I. ii. Un. a, a. a. Ill ninl an,,,-., mil Hon thry ii.-r- .1. noun, r.l in thla a.l not I..-, nn. r of t li. tr liilrln.h- Inn ul- llv. I... ..- of ih. .tana:, ri-ia r.- .illla tiawatal va 1.1. I. thai l.n.l-il. Ih, , ,,ii-r. ,,ii-r. nlnlth.u of In lilalrlial poivrr III Ih.t l l,l. of 111- f. IV. h .l.lllaa In oil,.,... ahall a,.l In). I. II. .-. In ,l.-iitlii. lh, r. for.-, with tu.inv of II.- lion al... Iaa- o.-.l III. Ili-tllaaala . nilllr In lo .1 I.V th, ..lll.Hl- for III, purpna, i.f iiaalnliiliiliia a ir..lt. -1. 1- ho. in- ... w, niav vat II fan llilnla- a .hum;- hy Ih.m In II,- imthoil ,,f ,l,,,,u l.iialn-aa. Iiml am, hi- llii-ni In brlliar It ha. k I a eon, ,.f l,.wfiil,aa. will.. uait Inaina In Ihr la.Unlrv Ih, ,r.,t.uv nf m.inaa. iii. tit hv w Ii. In our .Inm-.llr Irnd- Ha, ra.at uf prndu. th.n b-ia I n ira.rrl.allv l.aa.iirl ami In ,-oin i-i 1 1 u.ti Wllh for-lmi mnmifiiotor-ia ,,r f ,1 trn.l. Iota la rn arnillv Im rraard Thrnuab nil uur l.hl. lull,,,, nf ,,l. arav. .,u-.H..n hoa-.-v.r. - nui.t I,,..., thill Hi- Biipprraal f rum ir Httli. III. i-iuilrolllna of prlr-.. ami II- monopoly r.r IHtrlitpt In ni.ana.pohi. In Inlrralnla hawful but r.iiilrnrv l th. p.ihllr nri?l. ninl thai Ih.-v iniial lie r-atralm-d and pi.lilahr.l unlit i-halr.l Asks National Corporation Law. 1 Hi-r.faar, r.i onimrn.l tha ana-tm.nl bv rnnar-BB of a a.ii.ial law prnvlillnif for Hi- fairlnathiii of roi anrul Ira, a lo an. a ia- In trad ami rnmni-rr. amnna tha aim. a anal with fnr.lan natlnna. prnterl. IhS th.tll frnlll iimtil lllt-rf-r,llr tty th Blat.a and raculiillnx Ih.lr ai-tlvltl.a national niiaplrra, of thoa nlnia.B wlih-h haw arla,n unil-r atat. rnntrnl Hurh a law ahoaild prnvhl, fur tha taaua of Btork of aurh rnrpnrnllnue m an amuiint atltial only to th. rnari paid In on tha Btork: and If Ilia Bio. k lay laauril fur prp-rty, that, at a fair valuation aarar. tiilti.-d under approval and eiifaarvlalun of fanl-ral aiilliorlty nft-r a full and rum-pli'l, rum-pli'l, dtBrloBiir uf all Iha farts pertain, ll.a to Iha value of Burn property and Iha lnl.r,Bl therein of the parentis In whom It la prup..Brd to Issue mrk In payirr.nl of Biu-h properly. It ahnuld auh)r, t iha real and paraonal proiierty only of surh corporations to Iha same taialton aa Im. posed by Iha stales wllhln which It may b situated upon other similar pruperly located therein, and It should requirs r a- h ,it ,.. 1., r-, r 'I .,- I - I- p.. . i- i -. .!.-. '' ih. Hi i ::'-; ;'r;; r;'..:' .'"t; . " . a , v .-. 1 1 ti I-1. ' ' l". -at I. ,..i .,, 1 , , If fl - ...... ! .. ., ,. i, r - f ,-t -t ' I- ' 'l'a ," I"- ,. ,', on !l a-' ' ' l 1 I ,-" " i.'-'-ial' "'.'.'f ' i'i'1.''' 'ttair-'t. Mt .!.','"o'r!.,,'Il,'i'. ,','.!.''',',',".'.' ','t ,i..h".in. 'if i -t Imp .....hi lor I I- tly with H ,ir I.., ,t.....t... -a. na " ,.n I..... nr. . r aiuh. r of .i n-i-nt Tn lh. a,.,.-., lhal f,l. propo-.l "t l..,..;.. hr I..I....I Pl,','i'-j' .'lo... n'.!iVVH-"rtl'.'',h-',,'.nl'nntl. I.n.l l.w a I..I ti. I- f I " lo ...null I loll,, of th- l";""r"X ,',Tr !'.'.'7nl".r" !'.'.l.tln'.o..'' '-ml ad-van- ol Ihr I..CII Iml.a.t.l.l -m.l'n-. Sura to Meet Opposition. Hurii a national liar..r...ratlon lw will l ,,, .,, ,,, ., n,B. who l.-lleva lhal tr.i.ia' a liu.il, I be mmplrl-ly l.mk.n up an -ir pr,.,.-r ir I H .. n.H,.,., .. .on-l. I.V Hi"-. l'",;,, lh .n.i.tllulh.n.ihlv nf an. ll f..l.ri.l In. .uiporalhui ami ry.n If II la alid. nhl.rl l.a 11 aa l.aa al-.lt fl-ral . -nil aUrathm.. It will I.. . .1. third, by tno" "ho will In. 'at lhal a tii.ro voluntary in. ur-porallnn ur-porallnn Ilk. Il.l alll not iilttail to Ha ,,..1.1 hn w.n.l uf th nrT-li.l-rS aaalnat Ih. antl-liual alatutr and who will Ih-r-r.ir. pr Ili.H-H.I "f It a ays. la in nf r.impula.ary II. iib,b fur all fed- ral ... I turns enH-d In Int.t.tata I. ua no ... la-l n. . i.i.l. r Ibr.a obl-rtlniia In Ihelr .ard.-r I i a-aav-rtitii-nl ta liuw trylnc to .llaaol,,. . nt Ih-ae rnmhlliat a and , II le not it., int. nil.. n nf lh. ...rnin.nl in il-a, at in Hi. Iral d.si m Ha .ftorl to etui ll.ra, roml.lnallon. whl. li ara today to-day nu.n lam. a lh ri.mni. r. r of Ibis anunlrv lhal w li.r II i-nrB lliat lbs a.,, th.n and inn.-.nlri n ol pmp-rty .,, In Hi, 1. Ill of rr.allna a nion t nf Biit.i.intlullv and dlr-.-lly rrairalnlin !,,., , lona.r... II la mil Hi lial-n- Hon ur th aaav.rnment lo prruill this ii.unop.tly lo r.lal under frd-ral In.-ur. p..r.illnii ..r lo liniiBf.r lo lh- prntrrllna wllia of th" fr.l-IHl ..virillll-lit nf a anal- , oap.-t ii nw vlnliillita tha Hhr- man art Hut It IB not. ami al Id not I... Ih. poll. V of II'. sov.riini.tit in pr.. v. -ul r.-iia..m.l.t roiii'-ntrailtui uf a-aiillal whh It la i,-i....iiv lo Ih. ,r..n,.ll,lr d-v.l-opmrilt of mamifii -nil-, ir.ul- an.l rnm- nu-rr. Thl mtrv l.a wn r-.w-l f ra-oiitamh- pr i n lb.it haa a.tnn- l-h-.l lh- world, nn.l haa rniahbd lie Is 'n'.nnv inrark.te It ahoaahl b. th- r.r, ul th, ..v.ri,li.-tit lo prrmll .ur -n- irnllon nf r,i.li,il while k- P fl'-n Ilia aaa-tlih B of In. llv l.tunl rnlri pi I . nt-l His with rnaaotlilil i-iipiml In .iiirxl Is bualn-aa. If w. wnillal Innlnliilii nut pr-.. nl bualn-aa eupr-niai-y, w. atiould aia. lu Imliiatrlal rnnrerna an opt.nr-tiinlty opt.nr-tiinlty tn urRanlf. nr In runr-ntrnla lt.,11 l.-Kltlmar. riipllal In a f-d-ral rnriaira. Hon, and tn rarry nn llirlr InrKa bualnres wltliln the llnrs of tha law. May Doubt Constitutionality. ' B-aun.l Th-r, ar, Ih.aa, who duubt ll.a i-uitatltutl.anallly of aua-h f-.l-ral Imairpor. niton. Tlir r-aulutlun or InirrBtnla and r.,r-in i-onima-rr la crliilnly rnnfrrd In ih, fiith-at lu.aBiir U,.n rnnaTrae. and If Hir H.r iiilipuaa. of a-a illllia ITl III. Ilaoal Ihumuab n.aiitl.r Hull kind of r-inilnllnn, iimsriaa ahull Hiatal Dial II may pruvlds and authurlB.. aia-n-l-a In a-arry un lhal rollittirrr.. It Wo-ihl B.-l-in to tin wllhln Its aaw-r. Hil haa I., -ii illBtlnrtly nfTtrrii.d with r,ap... t lo rrillroa.l i oiupatilre dutiig an Intrtatiite Imalm ami Intrratate l.ra.la-e. Th, p..w,r nf Itiiutp.irntlun has h. -ii ,rr.la,.l by tuiasrraa ami upheld bv the Biiprrm, a-niirt In thla raaard. Wbv. tla-ii. wllh r-.p.-t lu .any olli-r form uf Intt-ratiii, riiiiiui.rr. Ilk- Hi, aala of uaaada at ruaa alal, laaiiin.lnri-a and Into lint b, u.a.nr.r Iml. ..I. It la llin'.-iy fii.l ll.al II, -V ranv on Inlrratal, a uiu-nirr. uiu-nirr. - lliat iiiakra tli-at- ar-al tn.lu. trial lon.-n.a iih).-. to fr.l-rul .i.,.-,iln I roiiirol How fur aa Im 1.1. nn.l 10 lh- rnrrviiik- on uf thai a-.iiiiiiu.r. , ll may h, V. 11 Illll lint f-iwrr nf III. f-.l-rill uv. -r, un. nt tu HiiHiiirli. Hi maioifni lur.r nf uiaala. la p-rluipa nuir. aai.-n tu .llaa-ua-.Ion HiuiiKli a na -nt d-.-lalnn nf the au-pr.-ni- i-iiurl w-nuhl a m lo unawvr thai iiii,Biln In th, ninritiallv. Kv-n tlioBt. who ar, wllllna tn rnncda Hint lb. B.iiarrlii- ruurt mil) ailBtalli Bllrh frtlrriil Im tirporaHun ar, Im-Hn-d tn op-laoa- It nn Hi, aro.ui.l nf lla l.-n.h ii. y lo tin- nil irK. in.-iit uf Hi. f.-h ial pnw.r at III, ...p-naa. uf til. p.iw-r uf Hi Blntn. II Is a aiilth l.nt nn. a. r In Ihla araum-nt lu say thin mi iilh-r lla. I ho.) ran Ii sue k-.-alrd whl. h iiff.ra fr.l-rill pr-t.-a tlon on Ha., un, I, ami mid Hob- fid. nil eup,rvl. Bh.n on lb- nlh. r nf Ih-e. ai-t nraanl. iil..ti. that ur, tn. fitcl frd-ral la- anas th.v art- na whin na Ih, roiintry nn.l ara rullrrlv lintiiulli il In th.tr bualn-Ka by atat- llnr. Nnr la Hi. aa-nlrialliallon nf f.-ilrrill pow-r llli.l-l thla art llk-lv In ha rx.--.aivr lll.lv th, Inrarat a-.ir a rtl t luhS wnillal .Villi Hi-iiiBrli-B nf aurh n law. Ii.. i llll.- lh- ban, ti n nf rompla-l f.-da rial .11- p-r-. I. hni iiml i-ontml that mil. I r-rniliily la- Iml I H' ai-.-uinpllali th, purp f 1 tha inriirporiitloii a. oil, I to, I h, aa r-pi.-d bv atl i r.llmii v loi.ln.aa .-.in,-, rn Tha third nl thai II, nl III, W'orat nfr-n.l. rS will not n....t f. .t.nil tni-.trpiarnihan. la .-..llv iin..a.-r..l T lr..... ,,f ,,n.-. thill y-rrnttv lulop-rd u pma.a uth.raa un- .l. r lh, anil tr. at law ai, an llmruiisli .'"al aw-rplna Haul Ha, .airpaariitlniia af- f-t tril I.' Hi-Ill luiv, hut llirr- i-onra-s e-b-fur.. Ilirtil; T'lr-l. tha-v nui. I r-.olv, th..ma,lv.s Intn tli-lr rnmimneut finrta In Hi.. .Ilffer-,nt .Ilffer-,nt anal. a. with a rniiB....i,nl Inaa. to ttirma-lvea nf rnpttnl nnd .ffnrtlva nratln. In d.niinr nf lh law and iimla-r anma Barrel trual tb,y must altrnnil to mn- v Hnu tli-lr loi.ln.aa In vinh.lion of tha fi-.l.rnl ataliil,. and Ibaia In. ur Hi. p.n. altl-a nf rnnl.nipt and hrltia; nn an In- ' rvtiMil rrlnilnal pmrrinlun of tha ln.ll-vt.lunle ln.ll-vt.lunle niimnl tn tha da.rrr and their Third, th.y must rtvarsnnlB and arrept In nod fatth tha r.d-ritl rhnrt.r I aus-Krat aus-Krat a frab-riil rompulanry lla-.n. law lira., I aa n auhalllut fur a f-ditrnl Incur I pnriitlon law. la llnn.rraaary r-a.-rpt t,y r-ai-h Hint kind of mrpnrallnn win. h, hy virtue of the mttahlrrallnna already ad-vanrivl. ad-vanrivl. will Ink. atlvatilasa voluntarily of an Inrnrlaornthin law. while Iha other Btata rorpiirullolis dulna atl lliteretata buBlti.Ba do nol need the auprrvlalon or tha regulation of federal llt-anaa and 'St. would only ba unnet-eaaarlly burdened thereby. The attorney general, at my aussnstloo, bae drafted a federal tnrorporalhin law, etnlHKlylng His vlewe I have attempted tn sat forth and It will ba at tha disposition disposi-tion of ths approprlata committees of tongreas. I WIU.IAM H. TAFT. I Ths Whits Houss, Jan. 7, 1110. t j |