Omaha Daily Bee Newspaper, January 8, 1910, Page 12

"|EDITORIAL THE OMAHA BEE goes to the homes—Is read by the women—sells goods for advertisers ’ PAGES 11 TO 20. s / — VOL. XXXIX< L) for ,..... TOF oo for for ... efs, for shirts and drawers for men only. They come I $1.50 garments, for ......... heavy, 156¢ quality~ neck; blue, red and | gray worsted; were | —pure $2.60 and § 180 stamps. 20 stamps. three pounds for: $1.00, Crackers, § and 100 stamps for $113. P Bennett's Best Coffes, Siida one pound for 36e, and | o JeRIRIce. 30 stamps. 160, sorted Teas, pound 68c, o Bigtings, pound | 4°30 Se. Btamps. quart_for Best Cheese, pound | S14MPS. Virginla Swiss Cheese for :ic. > 1 Found lbe, and 10 et'ps. California : Bennett's Capitol Oats | 12 Wheat ol Pancake' for Double 11e, wnd 10 stamps. PR R Bennelt's Capitol Bak- ing Powder, pound can Diamond 8 Chill Sauce J 24c, aud 20 stamps. bottle " 13tg Bednott's Capital Mince | '*!"P% Meat, 8 packages, for Beans, x 26¢, and 10 stamps, Huave" ' brand, Swansdown Codtish, 3 | French Strin i packages for 26c, and | Quality, can 10 stamps, 106 '+ hottle g Hartley's Pure Frult | while supply Jams, jar for 25c¢, and | for 15c. B 2o stamps Ol Jap Rose Tollet Soap 4 cakes for ..a8c | P ' ' Hosiery, Underwear, etc., at Clearance Reductions The month’s best sales in Hosiery, Underwear, Gloves, etc., are chronicled here. The stocks are top heavy and no time like the present to reduce them. The identical goods we have carried in regular stock at established prices all season 3 Bennett’s. The garments measure up Annnnl White Carnival—Muslin U mlerm-ur art at smaller cost to you than desirabl Decisive Glove Reductions Women's English Cape Gloves, $1.25 regularly, 69 Soft Gauntlet Gloves, kid lined, $3.50 regularly, HOSIERY—15c black and tan cotton hose, now 36c Imported Lisle Hose for women 50c Gauze Lisle Hose, garter top, to clear 35e Children’s 15¢c Fleeced Stockings, sale price 1 Q¢ UNDERWEAR—Fleeced 35¢ Vests and Pants, Extra size 7 r Vl’ntn and Pnn\n “for $1.00 Wool Vests and Pants, grey only, $1.26 Cotton Union Suits, extra size, each HANDXERCHIBFS—Iic all linen initial all linen embrofdered Handkerchiefs, for Men's *1*° Underwear 95¢ A January clein up of very nice wool plush about 10 dozen tan shades, and are extra heavy ‘and warm——Our finest Rockford Socks; extra | Neckwear—=50c four-in-hands, revers- annel Shirts — Very fife materials; colors and sizes to 17 2 ible and flowing end 3 palrs for 8 en 26c, palr ...... 90 styles for .. Men's Sweaters; roll | F AR i 1.50 : ::un weights, All Men's High Grade Caps at Half Price Bennett's Big Grocery Bennett's Capitol Snider's Tomato S Flour, sack $1.56, and | large can for Bennett's Best Coffee, | . Iten's Oyster four pounds Meat Market Bennett's market cuts your house- keeping expense to the minimum-—Lowest prices on choice fresh meats in all Omaha. Asparagus, Bennett's Teas, as- | brand, 20¢ cans for 15c. and 70 stamps, Small Sour Pickles, package 15¢, and 10 Sweet Mixed Roast — Fresh Calumet Hams, every pork shou- 20c, and 10 stamps. Nayy Beans, O Y Fall Tamb Legs— ¢ uality for Sc. And 30 Btamps Bach Tall Temb CHOBE— | o.lli mecon au strips — by i (11 Towa Pure Tard, 10-1b Rib Roast— Choice Pot Roast— Lamb Chops tilet ) F $1.75" Lisk Bollers, sale price .... ADCE &D. AtamBs, Frults la‘:." Pm‘ 4 for 25c 33,00 T/ASE /Hllors, .sale. price pe Lamb Roast — Shou- Washington large bottle, o8¢ size, — ‘rauv Bale — Queen size, per doz... Including 10 Stamps. Fine Seed Cabbage, per ib.. Fall Lamb— - — SATURDAY MORNING, JANUARY 8, 1910. ’ Unmistakably Our Greatest Garment Clearance The entire second floor garment s SINGLE (l)l\ '[‘\\’() CENTS. tocks are involved—2,000 or more excep- tionally beautiful Winter Suits, Coats, DTesses, etc, for women and children are almost unbelievably price reduced. are now sharply cut. .An important clearing on the very things you need NOW. [n addition we offer double 8. & H. stamos in these departments. Embroideries, etc.,, next Monday. Omaha. MEN'S SUITS at HA There's a bewildering amount of clothing bargain talk in your paper today. ‘mmel\!a space and three story type is employed to make an *“impression.” 1f you are going to judge the bigness of the Bennett values by the size of our announcement you will be misled—badly mistaken. This, is our big twice-a-year vlearance. 'The best clothing sale Bennett's ever make. Had we used this entire page we could not have said more to make the offerings stronger. It's going to be a sale that will be a credit to this store and to your own judgment if you come here. Over 500 handsome winter suitd are goiug to sell at half price—They are smart, genteel, hand tailored models, in medium and dark colors and refined patterns, such as exacting men always choose. Not one of these splendid suits has been here over 60 days. It's no stretch of the imagination when we say HALF PRICE now. We believe every man's common sense and intelligence will tell him no store could do more. Every purchaser will have the firm conviction and the satisfaction that he got the best and biggest value for his money that It is possible to obtain in Omaha, Every Man Can Be Fntted--Slzes 34 to 48 $30.00 Suits. .. $15.00 22.00 Suits. .. $11.00 $27.50 Suits__$13.75 i. PRICE szo.oo Suits__$10.00 $25.00 Suits __$12.50 v $15.00 Suits . $7.50 Men's Swagger Three-Quarter and Full Length Overcoats at Half $25 § MET o il i i e e 1 3 LR 0'coats 259 [O‘coals 75_0 green, brown, in plain shades and stripes with velvet cotlara,} and fancy Scotch materials with combination (or two-in-one) f and regular collar styles. ()¢ \ A big collection of practical rect- | Base Burners, Heaters, Ranges pes contributed Profit by our liberal reductions— to “Good House- | These are staves of standard make, Keeping” ‘ maga- known throughout America as the best, sine. Now in boo | Still ® Bood range of styles for buy- ers who come early. well form. Thousands a i fres sugar ase tee of housekeepers | yurpers & 7 ]muu 7 med. ,.I(HC will want ft—in | Heaters 20 ofifl Ra .10 0“ to 1- .75 All Mave 14-os. Copper Bottom: $2.25 Lisk Bollers, sale price ....160 | $4.00 All Copper Lisk Boiler, for "'20¢ | B. 0. E. Sad Irons, worth $1.35 set, Extra fancy large Bananas, dozen.. California Cauliflower, Ib... $0c | Lnrse Leaf Lettuce, 3 for .. Jersey Sweet Potatoes, peck “SUN- 300 | Galvanized Wash Tubs, usually 7bc, at 49¢ Women's Home Cook Books | January Clearance | (Corsets for Saturday $1.50 Corsets for 98c Again Saturday. They are made by one of the known makers in this country. a style standpoint th could be desired. are all that clean and ; firmly boned and nicely trim- The materials are very sub- Any woman with book section— Lisk wash Bofle[s v a corset need will be glad Here's an attractive sale proposition all sizes 3 oo c —You can buy no better boilers tham | Also a small lot of good dollar corsets " Lisk boilers. The reduced prices are we are clearing up on will be a third very interesting-— Off—Or .... v.hiiveeoein....00¢ stantial. to pick so good a bargain— "Marshmallows 10c Delicious vanilla flavo: box, Saturday for ............10¢ 00 | Mrs. Potts' Bad Irons, worth §1.10 set 80c | Bennett's ' Galvanized Wash Tubs, usually 66c, at 39 | ~ rolled; the 50c full size, 20c Special Chocolates—Hand 28C a0 | Galvanized Wash Tubs, usually 5c, at 50| Quality, Whatever your needs by all means come to to highest standards of tailoring and fabric o Styles have been known to sell for in Note These Clearing Bargains: Women's one-plece Dressps, up to $30.00 values, now at i R 81 bkl o0 | .l‘ l:l Women's $30.00 Long Coats, in blac d’ cologs, new styles, a{ "% S1986 Women's $25.00 ‘Long Coats, beautiful black broad- cloths, at : . ;'r.‘»‘h? Women's Winter Suits, cholce of any up to $50.00, for, each . $35.00 Women's Winter Coats; very large line; $35.00 and $45.00 garments, at \ ... .. 988.00 Women's Handsome Cloth Dresses, richly designed. up to $60.00, for 25.00 Misses' Coats and Dresses, to if-year sizes, fine, $15.00 values, for .98.00 Women's $26.00 and $29.50 Tailored Suits, reduced to clear, at 819.80 Women's $20.00 and $22.50 Tallored Suits, all at one price now $15.00 Women's Fur and Fur Lined Co: Girls' Long Coats, 6 to 14-year size: now at Girl's Long Coats, ‘s to 14-year ltlnw worth l() xl{‘ now at . 3 Girls' Long Coat 6 to 1li-year N\th ‘flr()l to $13.50, now at Cov Woaps o srs (GTED Children's Long C 2 to 6-year sizes, worth to $10.00, now at .00 Women's Messaline and Taffeta Silk Walsts, 3$8.00 i, sule price ¥y OFF worth kinds, now for i O i .. 9498 Women's two-plece Suits; black and color up to $20.00, now for $10.00 Women's one-plece Dresses and (‘nlll‘(n Styles, up to $26.00, now for .. $10.00 Women's Heavy Faney Mixture Coats, $12.00, §16.00 and $17.60 values, now for 5.00 Girlg' Peter Thompson Dresses and Cloth Coats up' to $16.00, now for L. . .95.00 Girls" Junfor Suits, two-plece styles, $15.00 val- ues, now for ... 85.00 Infants' Felt Bonnets, & very fine assortment 14 OFF 0Odds and Ends Walsts; tallored and I\mmrl-\ $1.26 and $1.50 kinds, now for . 780 Mink Furs; genuine northern mink ........% OFF Clearing Men's Shoes Ridding the stock of all the broken lines of $3.50 and $4.50 shoes for men; patent colt, patent kid, viel and box calf—The = January markdown makes them. . 2.73 Another lot of men’s shoes in small sizes only— Douglas $4.00 shoes marked 5 01086, At '+t 1.65 $1.96 for Women's Shoes—Saturd: excellent styles in butto and patent colt. These and $3.00 shoes. Janug cholce of six and !ace, in gun metal e the usual $2.60 Clearing price.... 195 Broken Lots Women's Shoes—From $3.60 lines, but- ton and lace shoes—not all sizes in every. lot, but all ean be fitted. All Bl Dargatns, at... .. 98 Dorothy Dodd Box Calf Street Shoes, all sizes and widths, best $3.50 quality...... $2.25 Misses’ Bhoes, box calf and vicl —with heavy soles for school —11% to our $1.60 and $2.00 shoes, at. ....980 Children’s Shoes—RBig lot on table, all $1.00 and $1.25 qual- itles, for ................480 Boys' Shoes, 75 pairs box calf Shves, all good, but odd lots, $1.60 and $2.00 values— at Felt Boot: for men — one & two buckle, roll edge, $3.25 kind, + President Taft's Message to the Congress on Railroads and Trusts WASHINGTON, Jan. 7.—Following is the text of the president's epeclal message on the Interstate Commerce and Anti-trust laws submitted in both houses of congress today: A “To the Senate and House of, Representa- tives: ! “1 withheld from my annual message & & giscussion of nesded legislation under the authority, which congress has to regulate commerce between the states and with foregn countries and sald that I would bring this subject matter to your atten- | tion later in the session. Accordingly, 1 beg to submit to you certaln recommenda- tions as to the amendments to the Inter state commerce law and certain conside urmlon of industrial companies. lnter-nue Commerce Law. e orde n six. ollected and the ral to be reasonable, | In pa iy profits, it ean | seldo turn more than & traction ol “In its mission shd the sevent tribunal In 1909, 0t course, every carrler atfected by an crder of the commission tional right to appeal to protect It from the enforcement of an to be prime facie contiscatory or unjustly discriminatory in its effect; and as this application may be in any district of the not only does delay result In the enforcement of the order, but great is caused by contrariety of has a constitu- to a federa] court order which made to a court uncertainty he questions presented by plications are too often technical in their character and require a knowledge of the | Lusiness and volume of contlicting evidence which examine and the mastery ations arising out of the operations of the troublesome to pti-trust suggesting the wisdom of federal It would not be proper to a temypt to deprive any corporation of the TIgGht 10 the review by a court of any order it undisturbed, would comprehend. y “In tho annual report of the Interstate Commerce Commission for the year 138, [rob it of a reasonable return upon its | attention is called to the fact that be- 4 tween July 1, 1%8, and the close of that year, sixteen sults had been begun to set | against it and in favor of other carriers | aside orders of the commission (besides one commenced before that date), and that few orders of much consequence had been per- mitted to go without protest; that the| questions presented by these various suits | were fundamenal, as the constitutionalily of the mct itself was an issue and the| ight of congress to delegate to any trib- al authority to establish an interstate was denled; but that perhaps the most | bus practical question raised concerned tent of the right of the courts to re- s of the commission; and it out that if the contention of in this latter respect alone | i, but little progress had | he Hepburn act toward the on of interstate transpor- In twelve of the cases stated, preliminary in- yed for, being granted or would subject it to bur-| unjustly discriminate | the decision questions shall the nature of the circumstances will admit, uniformity of decision be se- 80 as to bring about an effective, sclentitic enforcement the commerce law, rather than conflicting decisions and uncertainty Favors Court of Commerce and that a Restraining Orders After Hearin, systematic and interstate commerce commission under view pending the final hearing and deter- Pans AR 1A Rirbose of the proceeding, but no such tablishment States composed of five for such purpose 1 recommend judges designated among the circult Jjudges of the United States, to be known court of commerce, which court shall be clothed with exclusive Jurisdiction classes of cases All cases for the enforcement, other- by adjudication of a forfelture or penaity, or by infliction of eriminal punishment, of an order of the Commission than for the payment of money. cases brought to enjoin, set aside, annul or suspend any order or requirement of the Interstate Commerce Commission. “3. All such cases as under section 3 of of the act of February the ‘Elkins act, a cireuit court ‘United Stat and collection irst been well under- | amission, * ‘that the act as a regulating y upon the facllity injunctions could | road company by | bill of compiaint, | tidavits, can over- of patient investi- jory result can be loses nothing by L 1t they fan, it stablish the rate the difference be- 1908, known as are authorized to be main- the United mandamus proceedings under the provision of section 20 or section of the Interstete commerce | authorized to be maintained in a cirewit | court of the United States. “Reasons precisely which induced the congress to create the court of customs appeals by the provisions in the tariff act cf August b, efficlency of the commission by clothing | it with partisan characteristics and rob- | bing it of the impartial judiclal attitude |that if the party 1t should occupy In passing upon questions | submitted to it. In my opinion all litlga- | | tion affecting the government should be | under the direct control of the Department of Justice and I therefore recommend that | in proceedings affecting orders and de- acerue to the United States and to be re. | crees of the Intersta slon be brought by or against the Untied | appropriate district attorney, States Fo nomine, and be placed in charge 1909, may be | year 1909, the com- creation of n cases - erred to port, only one had n declde supreme court of the | United Star ough five other cases had been a and submitted to that commerce court. tional Olrcult Judges. “In order to provide a sufficlent number of judges to enable this court to be con- it will be necessary to authorize the appointment of five additional circult of an assistant attorney general actingto exercise due diligence in quoting the ap- Judges, who, for the purposes 6f appoint- | under the direction of the attorney gen- | plicable legal rate, and would thus afford misht be alatributed " to" those. elrs!] ersl the shipper a reasonable measure of pro- tection, vhile not opening the way to col- cits where there is at the present time Fpoling: Rate, Asreenspts. lusion and the glving the rebates or other the largest volume of business, such as the| “The subject of agrements between ear- | unfair discrimination. Second, Third, Fourth, Seventh and Eighth | rlers with respect to rates has been often capital, but it should be | ing always the principle of competition be- | powered, beyond any question, agreements be promptly filed with the com- over the state of the law under which they | «qq are held bound to know the legal rate ap- plicable to any proposed shipment, without, as a matter of fact, having any certain means of actually ascertaining such rate. It has been suggested that to meet this grievance carriers should be required, upon |date of application by a shippe: ever a proposed increase in rates 10 quote the legal |investigation shall be completed. be protected in acting upon the rate thus | quoted; but the objection to this suggestion it would afford a much too easy |the rallroads the management reasonable preferences and rebates. | Commerce commission with the a carrier, upon written request by an In | much discussed at the time of (he In my opinion, to impair the | the rate or charge applicable to the pro- posed shipment under any schedules or tarifts to which the ¢arrier Is a party, and making such request suffer damage in consequence of either re- that they are able by resorting courts to stay the taking effect der of the commission until its or in consequence of 4 misstatement of the [the courts, whereas the people some reasonable am unt, say $20, to|action by the carriers, they Commerce Commis- | covered in a civil action brought by the |providing for restitution to the doubted how | haps most, Qiscussed in congress. Pooling arrange- Iaitistive by »Commission, “The act should empower the chief jus-| ments and agreements were condemned by tice at any time when the business of the| the general sentiment of the people and, of commerce does not require the|under the Sherman anti-trust law, any services of all the judges to reassign the | agreement between carriers operating in judges designated to that court to the cir-| restraint of interstate or international | some individual affected thereby. |cuts to which they respectively belong;| trade or commerce would be unlawful. |reason why the commission should not be and it should also provide for payment to| The republican platform of 190§ expres: such judges while sitting by assignment|the bellef that the Interstate commerce | well as upon the complaint of an individual in the court of commerce of such addl-|law should be further amended, 50 as to|in Investigating the fairness of any exist- | amount as Is necessary to bring | give the raflroads the right to make and | ing rate or practice, and I recommend the | annual compensation up to $10,000. | publish traffic agreements subject to the [amendment of the Jaw to &o provide; and The regular sessions of such court should | approval of the commission, but maintain- | also that the commission shall be fully em- be held at the empowered to hold sessions in different parts of the United States if found desir- able; and its orders and judgments should final, subject only to review by | “In view the supreme court of the United with the provision that the operation of the decree appealed from shall not be stayed unless the supreme court shall so| Inder| the existing law the commission can only act with respect to an alleged ex- cessive rate or unduly discriminatory prac- tice by a carrier on a complaint made by to the cost in effect pald the bill ed | authorized to act on its own initiative as tarifts filed commission, 200,000, and the supervising annually with the commissicn tariffs in advance of thelr the becoming effec- the United States to the extent that would active concurrence making of every , has satisfied me that this pow conferred in a very | 1imitea ana restricted form. therefore recommend that the Inter- tween naturally competing lines and avold- | upon the classifications of commodities ing the common control of such lines by | for purposes of fixing rates, in like manner any means whatsoever. as It may now do with respect to the maxi- of the complete control over | mum rate applicable to any transportation. States | rate making and other practices of inter-| “Under the existing law the commission state carrlers established by the act of [may not Investigate an increase In congress and as recommended in this com- |until after it shall have become effective; munication, I sec no reason why agree- |and although one or more carriers may |state Commerce commission be empowered | ments between carriers subject to the act |file with the commission a proposed specifying the classifications of freight |crease in rates or change In classifications, “The commerce court should be em-|and the rates, and charges for transpor- |or other alterations of the existing powered in its discretion to restrain or sus- | tation of passengens and frelght which |or classifications, to become effective the operation of an order of the|they may agree to establish, should ot |the, expiration of thirty days from be permitted, provided coples of guch | filing, no proceeding can be taken | vestigate the reasonablness of such mission, but subject to all provisions of the |posed changes until after It becomes restraining order should be made except |interstate commerce act and subject to the |erative. On the other hand, if the upon notice and after hearing, unless in|TIEht of any parties to such agreement [mission shall make an ord where irreparable damage would | (0 cancel it as to all or any of the agreed |an existing ratc is excessive and otherwise ensue to the petitioner. A judge | Mates, fares, charges, or classifications by |it to be reduced, the carrier affected may of that court might be empowered to allow | thirty days' notice in writing to the other by proceedings in the courts, st of the commission's order for a |Parties and to the commission. |operation of such order of reduction of not more than sixty days, but Carriers to Quote Legal Rate. months and even years. pending application to the court for its * or injunction, then only whero his order shall contain a specific finding based evidence submitted to the judge making the order and identified by refer/ ence thereto, that such irreparable damage would result to the petisloner, speelfying the nature of the damage. ‘“Under the existing law, the Interstate Commerce Commission in itself initiates and defends litigation In the courts for the enforcement or in the defense of its orders and decrees, and for this purpose it em- |is that ployes attorneys who, while subject to the | control of the attorney general, act under | the initiative and under the instruction | of the commission. This blending of ad- | ministrative, legislative and judicial func- increase of rates | vestigation into the it be further empowered, | its discretlon, to postpone date of such proposed Increase for a perind | not excecding sixty days bevond the date |y take effect. If | determine that 18 unreasonable by its order, either forbid the increase at all fix the maximum be finding that directing rond which it shall other hand, at shall not have completed its Investigation | other railroa “Much complaint is made by shippers Action Before Effective Date. ‘ ki ‘lnk" e ict o igation | other railroad has, therefore been suggested the commission should be empowered when- is filed | with at once to enter upon an Investigation of the reasonableness of the Increase and to| make an order postponing the effective such increase untll after commission “The claim is very earnestly advanced by | demised rallroad assoclations rate in writing, and that the shipper should [1auch objection has been made on the part | of carriers. They contend that this woula | be, in effect, to take from the owners ot method of giving to favored shippeMs un- |properties, and to clothe the Interstate “I think that the law should provide that [rate making power—a policy Wwhich e s 2 ey S tablish through routes and maximum joint tending shipper, should quote in writing |of the Hepburn act In 1906-6, and rates to be charged, was then, and has always been distinctly rejected; and in reply to the suggestion when no reason- have been alr %0 a8 to empower such actlon onable and »mmission to take le existing reas- route already ex- o possible to establish additional This seems to me able provision. should not have satlstactory fusal or omission to quote the proper rate, (ableness shall have been Investigated . to I know of no reason why a the right to elect | between two or more established through | routes to which the Initial rate, the cdrrier shall be llable to & penalty |prived of any such remedy with respect to nt provision of the interstate commerce act arrier may be a | require his shipment to be Such a pen- |by carriers of excessive rates charged In to destination over such of alty would compel the agent of the carrier |cases where the order of the commision re- traneported ducing such rates are affirmed. It may be | such routes as he may designaie for that effective this remedy is. purpose, subject, however, In the exercise Finally Pay Bl of this right. to such reasonable regulations as the Interstate Commerce commission “Experience has shown that many, per- | may prescribe. shippers do mot resort to pro- excessive ratey which they may have been required to pay, for the simple reason that they have added [ In favor of amending the Interstate Com- of the goods |merce law, but so as always to maintain price thereof to|the principle of competition between that the publie has |turally competing lines, and avolding the On the other hand, | common gontrol of such lines by any means of transportation | Whatsoever. One of the most potent means of separate |Of exercising such Interest has beem Interstate | through the holding of stock of one rail- amounting o al-|F0ad company by another company owning {mpossibility of any |& competing line. This condition has grown making of | UP under express legislative power conferred | by the laws of many other states and to at- transportation line - within | teMpt now to suddenly revarss that\polioy, 80 far as it affects the ownership of stocks Control of Competing Lines heretofore so acquired, would be to the o er, 1E nlatnt commerce act shall directly or Indirectly complaint or | ¥ T | acquire any Interests of any kind in capi- upon an in- | bl ¢ b }U\! stock, or shall purchase or lease any reasonableness of such | ..y, 00 or other corporation which mverrd: | competes with 1t, respecting business the cffective 'y yioh the Interstate commerce act applies. | But especiolly for the protection of nority stockholders in se | the best market for their sto mend that such prohibition be coupled with It mav then, | 5 proviso that it shall not operate to pre- vent any corporation which at the date less than one-half of the entire stock the expiration of this time the commission | yued and outstanding capital stock of any company, from acquiring law and the | prohibit any rallroad company which its Investigation | the date of the enactment of the law be realized | operating a rafload of any other corpora- under the law as It now stands tlon under lease, executed for a term AL T S L, not less than twenty-five years, from ac- quiring the reversionary ownership of the i but that such provisions of shippers that | shall not operate to authorize or valldate shippérs of frelght should be empowered to | the acquisition, through stock direct the route over which their shipments | or otherwise, of should pass to destination | nection it has been urged that the provis- |any other law terstate com- ownership a competing line or inter- and in this con- #t therein In violation of the anti-trust or Overissue of Stocks. ers the com- | declares in favor of such natlonal legisie tion angl supervision as will prevent future overissue of stocks and bonds route shall | Interstate carriers, and in , be amended | ment of & law provid'ng that no rallrg ree mct shall hereaft | connected with or relating to any part 1ts business governed by s a reason (Continued on Page Twelve.) “The republican platform of 198 declared filct a grievous injury, mnot only upon rporations affected, but' upon a large body of the Investment-holding pub- {lie. I, however, recommend that the law | shall be amended so as to provide from and efter the date of its passage, no rafl- road company subject to the interstate curing to them K T recom- of the passage of such act, shall own not sely as |all or the remainder of such stock, or to “The republican platform of 1908 further der to carry |out its provisions, T recommend the enact- |corporation subject to the interstate com- r for any purpose 1 act, lssue any capital stock without previous or simultane ous payment to it of not less than the par | value of such stock, or any bonds or other obligations (except notes maturing not more