Salt Lake Herald-Republican | 1911-11-05 | Page 15 | Name Commission to Draft a Bill

S NAME COMMISSION TO 10 DRAFT A BILL Manufacturers Urge Congress to Lay Down Rule lle to Govern Govern Gov Gov- Business siness em ern Interstate B uly By J News Nes S C Service Sel Illinois Manu Manufacturers Manufacturers' anu- anu Chicago No Xo Nor I The t.-The The taken steps to has haa association far tf the tio Congress secure legislation from and com nn corporations Kl guidance of t ln c tn husi- husi Chat chil Interests doing an far their re regular ulal Its directors K at nos ness noss Union Leigue u the llio ho J-c J monthly meeting at Inn o and rc club pass passed tl x preamble Jut situation and cr creating attn uini a reciting the committee composed of or John fc E E. E Wilder Pie Plez Pieto to Char es tl ard N K Hurley and t select a commission of or confidence cn r men In whom time tho public has as c Congress at to draft tt a bill 1111 to submit to Its coming session today at fl the tho io offIce or or- or r The committee met flees fIce of or IMP Ow association In time thc V merican named the foll follow follow- wing w- w Trust and building commission anti and ing hag to the tho serve lr on each Informing him himor sent a telegram m to of or his appointment Charles Pie Chicago I La IJa Verne r W. W Noyes Chicago Richard Olney Ohle Boston I Louis D D. D 3 Is Boston 1 F. F O. O at Watts atts Nashville 3 T Tena nn Dr Arthur Yale ale university nl Samuel New ew York oc Murdo McKenzIe Trinidad d Colo Cob Clark Clarl y V. V Howell Atlanta Ga Ca James 1 7 Hill St. St Paul Rudolph nudolph cIs San Han Francisco John r. r Philadelphia The preamble adopted reads In part as ns follows After a n score or more of years ar of or Inactivity In Inactivity In- In act activity without premonitory notice a national po policy II has lies been heun inn Inaugurated In dealing with corporations which threaten threat threat- en 1 Mm nn tin nf of our OUT credit and p prosperity sI lt TI This policy has lias created a general luck of oC confidence on the part I of ot all aU business Interests Interest and cau causes s 's fear among amon Industrial corporations both hoth large and small Dl Business men who are r anxious antI and willing to conduct their enterprises along lines of honesty andare and andare are upright ht In 1 0 every particular are In Included In- In eluded In recent attacks among those who ha have sought advantage ad b by unfair anti ami questionable methods The declaration declaration declaration has been made mado that business must square Itself to the statutes of the country countr notwithstanding administrative e officers have ha failed to point the wa wn way and th time the courts have ha failed to interpret what the law means The preamble then discusses at length tho time Sherman trust anti-trust law and recent decisions of or the supreme court and continues continues- There exists at the present time a crying necessity for tor ascertaining the true economic value of ot Industrial combinations com coin for Cor determining whether the Sherman trust anti-trust law enacted twenty years cars a ago o Is still an economically wise and statesmanlike statute for tor deciding whether big lg business business' s' s Is H to continue and If It so under what rules and re regulations regulations regula regula- It must bc hc continued The remedy seems S to be action on