The Horry herald. (Conway, S.C.) 1886-1923, January 22, 1914, Image 3
WILSON'S PROGRAM
REGULATION OF BIO BUSINESS
MUST BE PLANNED.
?
DISCUSSED BY CABINET
President Wishes to Establish Trade
Commission Whoso Object Would
be to Keep Government and Industry
Informed as to the Law's Koquirements.
President Wilson Tuesday gave
cabinet members his ideas on the
government's relation to "big business",
the field anti-trust legislation
should cover in the present session
of congress and tho spirit in which
ho believed the task should be approached.
A feeling of friendly conciliation
rather than of hoslilo antagonism,
yet a constructive nroeram that will
eliminate uncertainty about the law
and stimulate tho growth of legitimate
business are tlie fundamentals
of the president's plan of action to be
embodied in the message he will read
at a joint session of congress next
week. He presented the document to
the cabinet and worked all Tuesday
afternoon on minor changes as a result
of the meeting.
Cabinet members speak of the message
as a progressive declaration that
would reassure the business world of
the sincere intentions of the administration
to deal fairly with it. While
tho president has not revealed his
views on detailed legislation. he
hopes his message will he the guilding
influence that will keep the
scope of activity with a well defined
compass, eliminating, so far as possi.blo
any congestion of radical hills
that might he misinterpreted by the
outside world.
So far as known tho cardinal features
of the president's plan are:
1. Rupplimenting the Sherman anti-trust.
law to reduce the debatable
aroa around it.
2. The prohibition of interlocking
directorates.
3. Location of individual responsibility
and the fixing of personal guilt
for all violations.
4. Tho creation of an interstate
trado commission to perform the
functions of a bureau of information
and to determine by its investigations
whether decrees of dissolution 01
mandates of courts are carried out
The president is proceeding on the
theory that legislation is necessarv
at this time and that there should he
no delay in accomplishing those reforms
on which public sentiment is
agreed. The recent action of J. P
Morgan & Co. in voluntarily withdrawing
from numerous directorates
on account of a "changes in public
sentiment" is considered by administration
supporters as evidence thai
the business world expects interlocking
directorates to he dissolved.
In this connection President Wilson
believes the whole course of public
opinion has undergone remarkable
change in the last few years
From a point where doubt as to the
existence of trusts was at first ex
pressed, through the period whicl
reasonable and unreasonable combi
nations in restraint of trade were de
bated, he believes thero has develop
ed now an acceptance of tlie principle
that private monopolies are indefens
!ble and that trusts practice certair
things which ought to bo prohibited
The president is also reiterating tc
those with whom lie is discussing th<
subject a view expressed in his pre
convention speeches two years ago?
that, to stop "joy riding", it is nec
essary "to arrest the chauffeur ant
not the automobile." He is expectec
to recommend in his message thai
the law with respect to personal guili
should bo enforced vigorously am
provision made in all legislation foi
individual offenses.
One of (he most important fea
turcs of the anti-trust program is th<
interstate trade commission. This
organization differs from the kind o:
commission which was advocated bj
tho national Progressive party during
tho last campaign in that it woult
not be vested with powers of regula
tion, but would bo tho mediurr
through which the government wouk
keep the business world informer
and eliminate "tho twilight zone" ir
"big business".
There have been repeated requests
for Information from business con
cerns and the need of an authorita
tive reservoir of information alreadj
has been demonstrated in the pros
ent administration's experience witl
tho trust, question. It is Intended tc
place the commissioner of corpora
tions at tho head of tho interstate
trade commission and to include ir
its mom Dcrsnp diihiiiush nu-u win
would know business methods sufll
clontly to conduct the necessary in
onirics and furnish the desired in for
matlon.
With the president's discussion o
the whole subject at Tuesday's cnbi
net meeting the talk of "slowing up'
on the administration program aru
postponing trust legislation until tin
December session apparently disap
peared in executive quarters. Ad
ministration supporters in the IIousi
and Senate will endeavor to keep tin
work of trust reform within certaii
limits and to push It forward to rapit
completion so as to cut short th<
BIG TRUST YIELDS
NEW ENGLAND RAILROAD PROFFERS
OLIVE BRANCH.
Department of Justice Scores Second
Sweeping Anti-Trust Victory for
the Present Administration.
The New York, Now Haven & Hartford
railroad and tho department of
justice at Washington Saturday night
announced a preliminary agreement
designed to effect a reorganization of
tho New Haven and to prevent a suit
for its dissolution under tho Sherman
law.
In complianco with department demands,
tho New Haven will dispose
of its holdings in tho Boston & Maine,
cancel its joint agreement controlling
the Boston & Albany; give up its
trolley lines and several of its steamship
lines. The question of its retention
of the so-called Sound lines
of steamships will bo left to the interstate
commerce commission.
I'nder tho Panama canal act the
road is required to glvo up all steamship
holdings by July 1 unless the
commission finds their continued oporation
by the railroad is to the commercial
advantage of the public and
not in restraint of competition.
It was conceded that the department
of justice gained virtually every
point demanded. Announcement of i
the agreement was made in the fol-'
lowing statement issued by Chairman
Elliott;
"An agreement has been reached
net ween tlio department of Justice
and the New Haven road. The New
Haven in addition to the cancellation
of the Hoston & Albany agreement,
which becomes effective February 1,
will dispose of its holdings in the
Hoston & Maine railroad, their trolley
systems, their Merchants and
Minors Transportation company, the
i Eastern Steamship corporation and
>. the Maine Steamship company under
a plan the details of which will be
worked out as promptly as possible
with representatives of the depart
ment of justice.
"Concerning other steamer lines,
application has been made under the
; Panama canal act to the interstate
commerce commission, and their dis
position will bo determined by that
body. Until plans are put into effect
the management and operation
' of the properties will be continued as
i at present."
i The conference was between the
> attorney general and Special Assist'
ant Gregory, Assistant Attorney
. General .T. E. Adkins, Assistant
J Frank M. Swacker, representing the
r department of justice, and Howard
> Elliott, Arthur T. Hadley and L. S.
Storrs, representing tho New Haven
company.
Department of justice officials were
of tho opinion that the New Haven
5 was as big a victory for tho princi
plo of peaceful settlement of antl
trust cases as that registered in the
case of the American Telephone and
Telegraph company. They pointed
out that the complexities of tho New
Haven were greater than in tho tele
phono case and that a auit to separate
the New Haven from its greater hold
ings might have resulted in disaster
on the road itself, and in reflex action
upon business that would have been
1 widely felt.
They recognized that the New
ITaven could not be expected to dis
pose of its holdings in a few months
5 and recognized that to force the road
to get rid of its interests within a
1 specified time would permit prospec
tive buyers to wait until that time
> limit expired and then pay their own
5 price.
As long as Chairman Elliott and
his associates show their intention to
carry out the terms of the agreement
1 assurances are given that the depart'
ment of justice will not press them
t for haste. Although no one in authort
ity would predict how long a time
' such a reorganization will require, it
generally was believed that final readjustment
can not bo reached for
" many months and on soino points
probably not for years.
Negotiations with tho New ITaven
[ began more than two months ago,
' shortly after Mr. Elliott came East
' to take netive charge of the opera'
tion of the road. There have been
" several conferences between tho rail1
road men, tho attorney general and
' his two associates in this case.
* This Is not the first time tho New
1 ITaven has escaped the hand of the
Sherman act. Sveral years ago the
* road was investigated by tho depart"
ment of justice and. was sued by the
" then Attorney General Tlonaparte.
1 Former Attorney General Wickersham
did not press proceedings and
* tho suit was abandoned. Several
) months nfter Mr. McReynolds assum"
ed office he determined the govern*
ment would ruo or tho New Haven
1 would reorganize.
> t t
Mad Dog Ititos Two.
An unknown white woman and a
small negro boy of Greenville were
P bitten Thursday by a dog believed to
have been suffering from hydropho.
bia.
1 ?
Subscribe today for oue of the host
county papers in the State. This
paper ranks among tho best in the
~ State.
] period of doubt as to what adjustj
ments may be in prospect for the
rj business of tho country.
ASSEMBLES AGAIN
CONGRESS STARTS SK(X>NI> LAP
OF THIS SESSION.
PROBLEMS TO BE FACED
Wilson's Message is Exacted to
Treat of Trusts and Farm Credits
Embodying Recommendations of
tho President and Attorney General
Congress started Monday on thv
second stage of the regular session
with tho calendars of botli houses
crowded with varied and far-reaching
legislation. Refreshed by the
first complete relaxation since President
Wilson convened tho special
tariff currency session last April. Senators
and Representatives have returned
to Washington keenly interested
in the prospective developments
of the next few months.
Trust legislation, through further
corrective and prohibitory legislation.
will hold much of tho nttentinn
I of both houses from tho tlmo work
begins: but other subjects will share
the legislative arena. The lirst of
tho trust bills to bear any olhcial
status are expected to appear during
tho first week, with the endorsement
of the Democratic membership of the
Ilouso judiciary committee, and
their scope and terms probably will
retlect closely tho views of President
Wilson and Attorney General Mclteynolds.
The president will reach Washington
Tuesday, bringing with him a
draft, if not the completed copy, of
his message to Congress upon trust
legislation. This will be gone over
at conferences between tho president
and House and Senate trust bill
framers before it is submitted to
congress. Tho general character of
anti-trust bills prepared by Chairman
Clayton and his associates oT
the House committeo already has
been outlined.
Rural credits legislation also will
receive attention when the president
returns. He has had with him the
report of tho rural credits commission
and an outline of tho general
banking bill that will be laid before
congress for consideration at this
session. Roth of these documents
will be made public within a week or
two. Rural credits legislation would
create a system of country banks,
from which farmers and stock raisers
could get credit upon special terms of
security and time of maturity. It
also includes tho creation of credit
associations by which farming communities
could finance their own
operat ions.
Scores of other legislative subjects
arc pressing for consideration in both
houses, and congressional leaders
predict tho present session will be
crowded with work until woll into
f h / % nn ?v\ T/? CC 4 * ? t 1 \ ~ A ?
LIICJ niniii!ii;i , 1'JIIUI IH Will IJl! UlilllU LU
dispose of the appropriation bills and
to push the more important work so
it may be completed by Juno.
This will ho done so Democratic
congressmen can get out into their
own states to join in campaigns for
tho fall congressional elections.
President Wilson has impressed on
party leaders his belief that legislation
promised by tho Democratic
platform should be accomplished as
early as possLble, so senators and
representatives may take an active
part in the defence of tho party in
the fall campaign, when the control
of congress will again he at stake.
Rome of tho problems that will receive
early attention from congress
are:
The tapping of trading in cotton
futures to prevent speculation; constitutional
amendments greatly suffrage
to women and prohibiting the
manufacture or salo of liquor; Panama
canal legislation, including the
fixing of the form of government and
the abolishment of the free toll provision
for American ships; investigation
of the Calumet and Colorado
mine troubles; strengthening of the
army's organization and the authorization
of two new battleships for the
navy; construction of government
railroads In Alaska; establishment of
a literary test for immigrants; extension
of Federal aid for road and
for instruction in agriculture and
trades; regulation of tho employment
of seamen.
The Alaskan railroad measure has
first plaeo on tho calendars of both
houses of congress and will come up
for consideration Monday. It is believed
congress will agree to the
financing of government roads to develop
the resources of Alaska, and to
bring its coal and minerals into commerce.
Several new measures relating to
monopolies will bo thrown into the
arena of anti-trust legislation when
congress reassembles. A brief bill
designed to strengthen the Sherman
law will be introduced by Representative
Webb of North Carolina. Representave
Hinebaugh of Illinois, Progressive,
will Introduce two resolutions.
One would direct the attorno\
, general to report to the House on the
i legality of relatoins existing between
. the Pennsylvania railroad, the Pennsylvania
companv and the RaUfmore
and Ohio railroad. The other would
order an investigation of relations
between the New York Central railroad
system and its subsidiary lines
PLAN FOR FARM WORK
LEVER AND HOUSTON WORK FOR
REORGANIZATION.
?
Plun Ls 10 Concentrate in Four or
Five Largo Othcct* the Work of Ail
ilio liuieaus.
Reorganization of the department
of u&ricuiiuro uy aOoiisnuig ail 01
me picseni liuieaus ana auDhiiuii1
Li^ lour or livo luigo onices is contemplated
in provisions curried in 1110
agricultural uppiopriuuon Lull wlucn
1110 iiouao comuiilteo on agriculture
almost lias completed.
While details are left to Secretary
Houston, ho and Representative
Lever, chairman of the committee,
have conferred over the plan for readjusting
the work of the department
to eliminate all lost energy that possibly
can ho corrected. Tho only
obstacle to tho concentration plan Is
the possibility of objection on the
ground that tho provision constitutes
new legislation that can not bo carried
in an appropriation bill.
Tho readjustment is expected to
include the concentration of divisions
into four groups, each under a single
ofllcer as follows:
Regulatory or quarantine work;
dealing with Insecticides, meat inspection,
etc.
Scientific and research work, to
comprehend everything that conies
under those general heads.
Demonstration or extension work
for fanners which is to bo radically
expanded.
Administration, to handle tho department
executive affairs, including
tho olfices of the secretary and assistant
secretary, chief clerk and disbursing
ofilcer and similar ofllclals.
The agricultural bill also will carry
an appi opriat ion that will reach
closo to tlm $104,000 asked by Sonrotary
Houston for acquiring and diffusing
information on subjects connected
with the marketing and distribution
of farm products, a project
initiated by Chairman Hover. For
farm demonstration work the secre|
tary asked $378,000 and for farm
management $3 82,000, for eradication
of hog cholera $38,000.
il\<;m.\n aviokts wkkck,
Georgia liero, Hurt in Collision Signals
Down Fast Train.
Three lives were lost and more]
than twenty-live persons hurt, six of
whom are seriously injured, in a
wreck of Passenger Train So. 3 on
the (1. S. and F. railroad, sixty miles
south of Macon, (la., Friday morning.
Trailing in the wake of the wrecked
train was tlie famous Dixie Flyer, the
Chicago-Jacksonville train, southhound,
and a double disaster was only
averted by a heroic flagman.
The scene of the wreck was on
Cum Creek trestle. After the locomotive
and baggage cars passed over a
broken rail, the day coach appeared
to have been lifted skyward, then over
the embankment and a heavy Pullman
ploughed into tho rear of it.
Above the cries of the injured and
panic-stricken passengers came the
shouts of Flagman Varner, of Macon,
himself badly wounded:
"Lookout, the Dixie Flyer is right
behind lie," ho shouted. "Help me
out and I'll stop her."
A passenger standing nearby pulled
Varner out of tho telescoped day
coach and with blood streaming from
hip many wounds and one arm crippled,
he ran back on the track and
placed fuses and stood there with bis
lantern to signal tho flyer to stop. He
reached tho nlaco inst In tlmo nn<a
Isengers pay.
? ?
TO GET GOOD JOBS.
South Carolina Men Have Support of
Both Senators.
Tn response to a notification from
Commissioner of Internal Revenue
Osborn that lie was ready to receive
their recommendations for four appointments
in South Carolina under
the income tax law, Senator Tillman
and Smith Tuesday joined In endorsing
the following men: L. M. Overstreet
of Aiken, to be inspector; W.
H. Bass of Walhalla, and J. F. Mcintosh
of Lynchburg to ho ofTlco deputies,
and S. Frank I'arrott of Gaffney
to he field deputy.
The senators signified to Commissioner
Osborn that tho sooner these
appointments wero made the better
they would bo pleased. It is possible
that Secretary McAdoo will not
V. ^ -1 ii- ? * -
m: uuuiiu entirety ny me recommendations.
In several states appointments
worn announced in the internal
revenue department, which did
not have any senatorial influence hehind
them. In the main, however,
Mr. McAdoo is expected to follow the
senators' endorsements as to these
places.
? ?
Negroes Kill Negro.
Gary Wadley r.nd Wlster Carson,
young negro farmers, of Greenville,
rode ten miles Monday afternoon that
thov might give themselves tip to the
sheriff, Wadley having shot to death
John Hill, a negro boy of 14 years,
in the Sterling neighborhood.
and the influence of interlocking
stock control upon tho railroad's
costs, service and rates.
COURTS TO DECIDE
FIKIU'K IIATTLK FOK CONTROL
OF VANDKHBILT.
BIG FIGHT IS NEAR END
The Question to b? Decided is Does
the Methodist Kpiscopul Church,
South, Own Vundert)ilt I'niversity
or is the Institution Owned hy the
Hoard of Trustees.
Tho fat? of Vanderbilt university
rests in tDo hands of tho highest
court of Tennessee. Hoth sides had
their last say in tho famous controversy
before tho supremo court Wednesday
morning, and unless tho federal
supreme court is asked to finally
pass upon the matter, tho decision of
the state court probably within the
next threo weeks will bring tho
drama to a close.
Two of Tennessee's greatest barristers
locked horns Wednesday,
when Gen. (ins T. Fitzhugh, tho eloquent
Memphian, met John J. Vertices,
known as one of the south's
leading lawyers. Fitzhugh snoko for
the church, and Yertreos closed the
case for Vanderbilt. The speeches
of these two gentlemen were masterpieces,
and tho largest crowd that
has yet attended the trial was present
Wednesday to hear them.
"When the rebellious board of
trustees began their fight to wrest tho
control of Vanderbilt university from
the church that had founded ami sustained
it, they undertook a full-sized
111 ft 11 * VI if.lv " ?<> c *11.1 I .1 j I fr .1 I.'. 1
,ii(i , i , , jv/w, uv Oil I VI ?; ll i | lill Hill u
Clay O'Rear, tho distinguished Kentucky
jurist, during the course of his
argument before the supremo court
Tuesday morning in behalf of the
board of bishops of the Methodist
Episcopal church, south.
The entiro session of the court
Tuesday was taken up with argument
by counsel for the church. Mr.
Higgs opened for the church at 9:110
o'clock, and his speech of two hours
was an exhaustive review of the relations
of tho Methodist church to the
university since its foundation. He
arranged his facts in a logical and
forceful manner, and has a clean-cut
manner of driving his points home.
Mr. Biggs told of how the odiclals
of the Methodist church conceived
the idea of founding a university in
the south as far back as 1858, that
tho action of tho Memphis convention,
at which its establishment was
authorized, was but tho consummation
of an intention formed years before.
Ho said that at no time during
tho deliberations of tho convention at
Memphis was any other idea dominant
save that of establishment a
school entirely under tho control of
tho Methodist church.
ITo said that conferenco representation
had always been recognized
from tho very inception of tho idea
to found the university. Mr. Biggs
told of a conversation that (!ov, Porter,
then chief executive of Tennessee
had had with Commodore Vanderbilt
just after tho donation had .been
made relative to tho donees of the
gift.
"(Jov. Porter,'^ said Mr. Biggs,
"was opposed to sectarian schools,
and ho told Commodore Vanderbilt
that ho regreted that the control of
the donation had been given to the
Methodist church. To this Commodore
Vanderbilt answered:
"Well, governor, I have no sort of
control ovor mat matter. I might
agree with you, but I don't know."
"Do you think for a minute," Raid
Mr. Biggs, "that Commodoro Vanderhilt
would have preferred to have
given the control of bin large donation
to a body of twenty men constituting
the board of trustees than to
have given it to the influential and
powerful Methodist church? I mean
no reflection on the men constituting
the original board or trustees of Vanderbilt
university. They wero men
honored in their cities and state but
they wero unknown to Mr. Vanderbilt
and it is unthinkable that ho would
have entrusted the disposition of his
thousands to them instead of a great
denomination in which ho could place
every confidence."
Wednesday morning Gen. Fitzhugh
organ the closing arguments for the
church. Durinir the coin-He of ro.
marks ho alluded to the fact the
Methodist church had been criticised
in tho brief of the trustees for not
giving more funds to the university,
lie denied that the church had been
niggardly, but ho said he had never
witnessed any examples of liberality
on the part of the board of trustees.
"When did they ever give a penny to
this institution?" ho said.
Gen. Fitzhugh resented tho attacks
made upon Bishop Hoss in the brief
of the trustees. He said that these
attacks had conio because the bishop
had tho courage to take up tho gage
of battlo when the rebellion began
and to stand like a faithful sentinel
for the rights of the church.
"When tho persons secured the
charter for Vanderbilt universitv
they were not acting for themselves
but for the whole church," said Mr
Fltzhugh. "When Mr. Vanderblh
made his organizational donation tc
the school it was known as tho cen
tral col lego of tho Methodist church
and when its charter was amended tc
ohnngo tho name to Vanderbilt unl
verslty, tho Memphis resolution!
READY FOR LEGISLATION I
WILSON TAKES VP RURAL (TILED- I
ITS AND TRUST BILL, 1
President Him Prepared IIIm Trust I
Message and Studied the Farmers* I
Problems. i
Anti-trust and rural credit legislation
are considered of paramount and
iminediato importance by President
Wilson. Though the influence of the j
executive was exerted in behalf of
other measures as woll during the
present session of congress, ho indicated
in a conversation with correspondents
aboard his train Monday
en routo to Washington from Pass
Christian, Miss., that in the immediate
future these two subjects would
occupy the forum of public attention.
Tho president showed clearly that
these reforms in particular had been
on his mind during his vacation.
Ib-sides sketching his trust message,
which will be characteristically brief,
tho president carefully studied the
report of tho commission that went
abroad to study rural credits. He ]
examined also a bill on the subject
prepared by Senator Fletcher, chairman
of the commission, and said that
he had just written tho Florida senator
asking him to confer with him
about it at the White I louse when ho
got back. Tho president remarked
tlint tho hill scorned sound in tho
main, though he thought somo addl
tions ought to bo made.
In giving Ids attention now to tho
trust and rural credit questions tho
president feels that ho is carrying
out, not. only tho promises made in
the party platform, hut fulfilling an
informal understanding with members
of tho Sonato and House, who
sought to bring tho subject of rural
credits into tho discussion of tho currency
bill and to prohibit interlocking
directorates and other trust evils by
provisions in both the currency and
tariff bills. it was only after tho
agreement among Democratic leaders
that all phases of tlie trust and rural
credit problems would bo handled
separately that they were then eliminated
from consideration.
While conferences on theso quesliors
have not all been arranged, tho
' president Is planning to devote tho
remainder of tho week to consultations
with members of bis cabinet
and leaders in congress and will read
bis trust message to a Joint session
next Monday or Tuesday.
?
I.OSK Til 101 It IJYKS.
I'onr Seamen of llattlcsliip Wyoming
(Jo to Their Deaths.
The capsizing in Hampton Roads,
off Norfolk, Va., Friday of a motor
cutter from the battleship Wyoming,
flagship of the Atlantic fleet, resulted
in tho loss of the lives of four
seamen of tho Wyoming's crew. Tho
accident occurred near tho spot where
a launch from tho battleship Minnesota
went down in 1 907, with tho
loss of eleven lives, mostly young
midshipmen. Another coincidence
was that the Wyoming was anchored
In tho same place that tho Minnesota
was lying six and a half years ago.
Tho Wyoming's boat with nineteen*
men aboard was carrying wheelbarrows
from the flagship to the navy
collier Proteus. All tho men were
thrown into tho sea, and the weight
of the steel wheelbarrows carried the
cutter under, leaving nothing for the
men to cling to.
Small boats wero sent out and af
passing tug give assistance In the rescue
work. Thirteen of the men got
out. None of tho other bodies have
been recovered, though boats from
tho Wyoming and other battleships
were engaged tne remainder of the
day in dragging the roadbed for
thorn.
I
? ? ? 1
Huck Slays Man.
With virtually every bono in his
body broken and his lungs punctured
by tho horns of a largo buck,
Patrick Iloran, of Islip, L. 1., was
found dead Monday night in an enclosure
where deer were kept.
i
ltobellioiis Are Killed.
i Twelve rebellious Mexicon soldiers
wore killed at Ensenada, Moxco, as
a result of a quickly repressed revolt,
i luo to the failure of the Mexican Government
to pay off the troop in the
i Knsenada garrison.
?
Takes Fatal Leap.
Herbert Thomas, a negro of Florence,
was so badly injured from,
lumping from a moving train that ho
lio<i Monday, the day after his jump.
were not stricken out and the purposes
of tho foundation of tho unli
versity remained unchanged."
"There are but two occasions In
i this record,55 ho said, "where tho
i board of trustees declared itself solf!
perpetuating, and in both of theeo
i instances the resolutions wero accom
i pnmea Dy acta wmch showed that tho
board recognized tho control of the
? church."
Mr. Fitzhugh said that tho right
. of tho church to control tho affairs
. of tho university had been recognized
\ from the very beginning until 1905.
) lie cited many decisions of the courts
- to support his contention that tho
, church had tho authority to control
> tho university under tho provisions
- of tho charter in which woro onb?
3 bodied tho Memphis dcsolutious.