The Omaha Daily Bee The OMAHA DEE goes to to homos Is read by the women sells goods for advertiser. EDITORIAL PAGES 11 TO tQ. . y VOL. XXXIX-NO. 154. OMAIIA, SATUKDAY MORNING, JANUARY 8, 1910. SINGLE COPY TWO CENTS. 53E9EXS i 1 t r IS i if r i Ik I V 111 - T - r " si t til r ( 1 I "II 1 ! 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 are now sharply cut. JV.n important clearing on the very things you need NOW. In addition we offer double S. & H. stam ps in these departments. Decisive Glove Reductions "V mm Annunl Wliite Carnival Muslin I'mlerwear, Kmbrolderies, etc., next Monday. Unmistakably Our Greatest Garment Clearance The entire second floor garment sto involved-2,000 or more excep tionally beautiful Winter Suits, Coats, DresS3. etc' for women d chlldren "e almost unbelievably price reduced. Whatevcr your needs bv 811 means cm? Bennett's. The garments measure up to highest standards of tailoring and fabric art at smaller cost to you than desirable W have been known t0 seU for in Omaha. Women's English Cape Gloves, $1.25 regularly, for G9 Soft Gauntlet Gloves, kid lined, $3.50 regularly, tor 81.39 HOSIER V 16c black and tan cotton hose, now for 10 35c Imported Lisle Hobs for women 25 60c Gauze Lisle Hose, garter top, to clear 35 Children's 15c Fleeced Stockings, sale price 10f I MKKVi:.H Fleeced 35c Vests and rants, tor 25 Extra size 75c Vests and Pants, for 49 $1.00 Wool Vest and Pant, grey only, for 79o II 25 Cotton 1'nlon Suits, extra size, earn 890 HAKDKIXCEUTI 15c all linen Initial Handker chief, for 7o 25c all linen embroidered Handkerchiefs, for . ...lBo Hen's Underwear 95c A January clean ty of very nice wool plush shirts and drawers for men; about 10 dozen omy. mey come in inn shades, ana are extra heavy 'and warm Our finest $1.80 garments, for Rotkford Socks; extra heavy, 16c quality 95c 3 pairs for 25c, pair . . 9c Men's Sweaters; roll neck; blue, red nnJ gray worsted; wore $2.60 aad $3, to clear .... .1.50 Neckwear 50c fancy four-in-hands, revers ible and flowing end styles, for ..... flannel Rhirts Very flrfe materials; all - colors and sizes to 17 pure wool ious weights, at 29c in var- 2.15 All Men's High Grade Caps at Half Trice Bennett's Big Grocery Bennett's Capitol Flour, sack $1.56, and .80 stamps. Bennett's Best Coffee, three pounds fori $1.00, and 100 stamps. Bennett's Bent Coffee, one pound for 86c, and SO stamps. Bennett's Teas. as sorted Teas, pound 68c, and 70 stamps. Tea Sittings, pound packjge 15c, and 10 stamps. Best Cheese, pound DOe, and 10 stamps. Virginia Swiss Cheese round -6c, and 10 st'ps. Bennett' Capitol Oats Wheat or ' Pancake' for lie, and 10 stamps. Bennett's Capitol Bak ing powder, pound can 24c, and 20 stamps. Hortnett's Capital Mince .Meat, 8 packages, for 25c, and 10 stamps. Swansdown Codfish, S packages for 26c, and iU stamp i. Hartley's Pure Fruit Jams, Jar for 26c, and l!0 stamps. Snlder's Tomato Soup, large rnn for 20c, and 20 stamps. Iten's Oyster or Soda , Crackers, 18 lb. box for $1 15. JapRlce, four pounds for 25c, and 10 stamps. Asparagus, Beauty brand, 20c cans for 16c. Small Hour Pickles, a dozen 6c. Our Big 'Jv. y 4l ' - ,1 mill CM ri Twice-a-Year Clothing Clearance HEN'S SUITS at HA There's a bewildering amount of clothing bargain talk In your paper today. Immense space and three story type Is employed to make an "Impression." ' If 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 twlre-a-year clearance. The best clothing sale llennett'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 suits are going to sell at half price They are smart, genlwl, 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 PH1CE 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 Fitted-Sizes 34 to 48 $30.00 Suits... $15.00 $27.50 Suits... $13.75 I J- Ii.' $25.00 Suits... $12.50 $22.00 Suits.. .$11.00 $20.00 Suits... $10.00 $15,00 Suits $7.50 Men's Swagger Three-Quarter and Full Length Overcoats at Half 50 Mm I' If $25 t O'coab 1 for Jlcdl This is a representative assortment of the year's best styles, embracing Kersey overcoats, In black, oxford, tan, Lgreen, brown, In plain shades and utrlpes with velvet collars, and fancy Scotch materials with combination (or two-ln-one) and regular collar styles. $15 $F3C) 0'coats ?! Note These Clearing Bargains: to $30.00 one-piece Pressrs, up In black and values. iis.eo colors, ll.BO Vn.r.. ( Jap Kose Tollot S 4 cuke for 3oap I .2bo I Sweet Mixed quurt for 20c, stamps. Pickles, and 10 Beans, six lbs. California Prunes 12'c Uallty for 8c. Double i anulated stamps Sugar. Diamond S Chill Sauce bottle l-'.ic, and 10 stumps. '. , . Beans, "Best We Hum" brand, fancy Frenoli Siring Beans, 2 60 quality, can lie. lOo bottle while supply for 15c. Olives lasts, 2 r Olive Sale Queen oilvea, large bott U8c size, fur lueen ottle, I ,.66e J Heat Market Bennett's market cuts your house keeping expense to the minimum Lowest prices on choice fresh meats in all Omaha. Pork Boast - pork shou lder, lb rail X.amb Bennett's price, lb.... Kail Lamb Io In, per lb Prime Klb All bones out. lb. . . . Choice Pot Special, per lb., 9o and. Chops Shou- per 10c Fresh ...10ic Kegs ..Mt Chops ..124c Boast ...124c Boast 7c 164c X,amt Ider, lb. . . Xismb lder, lb... Boast Shou- rr. 74c Pall Lamb Stew, 4 lbs. 25c Calumet Bams, every one select, well trimmed, sugar cured, pound. . . . And 30 Stamps Each Ham. . Cudafcys Baoon, su gar cured, 6 to 7 pound rstrlps by itbhet.r.'f 164 c Morroll's Iowa Pnre iard, 10-lb 1 7C palls for 1.1 And 80 Stamps. Oranges Extra fancy "SUN K1ST" Washington Navels, 40c 3fl slie, per doi...."' Including 10 Stamps. A Women's Home Cook Books to:: HOME fe COOK fS y A big collection of practical reol p e s contributed to "Good House keeping" -' maga zine. Now in book form. Thousands of housekeepers will want it in book section ' Fruits 19 c- 4 for 25c LiTfe Florida Grape Fruit Extra fancy large Bananas, dozen. ....... .15o California Cauliflower, lb lOo Large Leaf Lettuce, 3 for ,. 10o Jersey Sweet Potatoes, peck 30o Fine Seed Cabbage, per lb BHo Bate karoeri A better January Clearance Base Burners, Heaters, Ranges Profit by our liberal reductions These 1 are stoves of standard make, known throughout America as the best. Still a good range of styles for buy ers who come early. ;' 20OHK710OH Lisk Wash Boilers Here's an attractive sale proposition Yqji can buy.no better boilers than Lisk boilers. The reduced' prices are very interesting-1 " All Bare 14-os. Copper Bottoms. $1.75 Lisk Boilers, sale price .' 11.33 $2.00 Lisk; Boilers, sale price .$1.48 $2.25 Link Boilers, sale price ..... 60 $4.00 All Copper Lisk Boiler, for ....$3.76 B. O. IS. Sad Irons, worth $1.85 set, . .980 Mrs. Potts' Sad Irons, worth $1.10 set 8O0 Galvanized Wash Tubs, usually 66c, at 39o Galvanised Wash Tubs, usually 7 Be, at 49o Galvanized Wash Tubs, usually 85c, at 680 Corsets for Saturday 98' $1.80 Corsets for 08c Again Saturday. They are made by one of the best known makers in this country. From a style standpoint they are all that could be desired. New, clean and fresh; firmly, boned and nicely trlm- .. med. The materials are very sub stantlal. Any woman with a corset need will be glad to pick so good a bargain all sizes j . ; Also a small lot of good dollar corsets we are clearing up on will be a third off or .69 ' Harshmallows 10c Delicious vanilla flavor; full size, 20c box, Saturday for 10 Ilennett's Special Chocolates Hand rolled; the 60c eT, quality, lb drnj Women's now at Women's $30.00 Long Coats, nour .1 vl.. nt Women's $H5.00 Long Costs, beautiful black broad cloths, nt "15.00 Women's Winter Suits, choice of any up to $mi.oo, for. each 535.00 Women's Winter Coats; very large line; $35.00 and M5.00 garments, at tJS.OO Women's Handsome Cloth Dresses, richly designed. up to $50.00, for 525.03 Misses' Coals and Presses, 13 to 11-year slies. fine, $15.00 values, for 55.00 Women's $1:5.00 and t-9 60 Tailored Suits, reduced to clear, at ,.$15.60 Women's $20.00 and $22.60 Tailored Suite, nil at one price now 515.00 Women's Fur and Fur Lined Coats. snle rrlce V4 OTP Olrls' Long Coata, 6 to 14-year slies, worth to $.V now at 5a.85 Girl's Long Coats, S to 14-year slses, worth to $10, now at 55.00 Girls' Long Coato, 8 to 11-year sixes, worth to $1$ 50, now at 97.60 Children's Long Coats, 2 to -year slaes, worth to $10.00, now nt $8.00 Women's Mescaline and Taffeta 811k Waists, Is 00 kinds, now for "4-8 Women's two-piece Suits; black and colors, up to $20.00. now for 510.00 Women's one-piece Presses and College Styles. ui to $25.00, now for 510.00 Women's Heavy Fancy Mixture Coats, $12.00, $15.00 and $17.50 VRlues, now for 53.00 Girls' Peter Thompson Presses and Cloth Costs. up' to $15.00, now for 5S.00 Girls' Junior Suits, two-piece styles, $15.00 val-' ties, now for 55.00 Infants' Felt Bonnets, a verv fine assortment OPP Odds and Ends Waists; tailored and lingerie, $1.25 and $1.50 kinds, now for TBo Mink Furs; genuine northern mink H OPP ueanng men s anoes Ridding the stock of all the broken lines of $3.50 and $4.50 shoes for men; patent colt, patent kid, vici and box calf The January markdown makes them... Another lot of men's shoes in small sizes only Douglas $4.00 shoes marked P to close, at leOe) 91.86 for Women's Shoes Snturday choice of six excellent styles in button and lace, In gun metal and patent colt. These are the usual $2.50 nc and $3.00 elious. January Clearing price. .. ,''J Broken lots Women's Shoes From $3.50 lines, but ton and lace shoes not all sizes In every, lot, but. ail can ne rilled. All I OR. s j 2.75 big bargains Dorothy Sodd Shoes, all best $3.50 qu Hisses' Shoes, with hea lltt to $2.00 shoes, Children's Shoes table, all $1.C itlcs, for . . . Calf cal Boys' Shoes, pairs box 8 ht e s, good, but lots. $1.50 $2.00 values at fl relt Boots, for men one & two buckle, roll edge, 53.2o kind, 91.BC Box Calf Street sizes and widths. V- W&ajjV I lal tv S2.HS I tfJTva fSSM k ' if , imi niiu vn;, , . .-Atl y solee for school J?&jjrjfl 2; our $1.60 and iWZiX at 880 m?M&&l and $1.25 qual- At'Jfl jtyt I President Taft's Message to the Congress on Railroads and Trusts WASHINGTON,, Jan. 7.-Followlng Is the text of the president's epeclal message on the Interstate Commerce and Anti-trust laws submitted in both houses of congress today: "To the Senate and House' of, Representa tives: "I withheld from my annual message a discussion of neided legislation under the authority,, which congress has to regulate commerce between the states and with foregn countries and said that I would bring this subject matter to your atten tion later In the session. Accordingly, 1 beg to submit to you certain recommenda tions as to the amendments to the Inter state commerce law and certain consider ations arising out of the operations of the ftvtl-trust suggesting the wisdom of federal mk twporauon 01 inausiriai companies. Interstate Commerce Law. 'In the annual report ot the Interstate Commerce Commission for the year I&06, attention Is called to the fact that be tween July 1, 1908. and the close of that year, sixteen suits had been begun to set side 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 constitutionality , ot the act Itself was an Issue and the Lint of congress to delegate to any trlb- i authority to estubllsh an Interstate was denied; but that perhaps the most ,us practical question raised concerned stent of the right of the courts to re orders ot the commission; and II k ! out that If the contention of in this latter respect alone jd, but Utile progress had he Hepburn act toward the .ion of Interstate transpor- In twelve of the cases i stated, preliminary In- Vved for, being granted ill- I 1 1 1 f 1 1- f v 1 I ! 11 I- ?S ft I HI .UdonX A 11 fraction 3 h ! "In its t I 1 ' V .... . 3 - . . . . a 1 I twn decide f ; I f United Stat Ji f bad bwn a I I In six. first been well under- lmlsslon, " 'that the act as a regulating ly upon the facility injunctions could road company by bill of complaint, fidavlts, can ovrr ot patient Investl- ory result can be loses nothing by , If they fall, It establish the rate the difference be ollected and the to be reasonable, lly profits. It can turn more than 1 arges collected.' ' In Cemrt. year UOt, the com the seventeen cases report, only one had supreme court of the tough five other cases and submitted to that 1M8. "Of coilrse, every carrier affected by an crder ot the commission has a constitu tional right to appeal to a federal court to protect It from the enforcement of an order which It shows to be prime facie confiscatory or unjustly discriminatory In its effect; and as this application may be made to a court in any district of the United States, not only does delay result In the enforcement of the order, but great uncertainty Is caused by contrariety of decision. "The questions presented by these ap plications are too often technical In their character and require a knowledge of the business and the mastery of a great volume of conflicting evidence which Is tedious to examine and troublesome to comprehend. It would not be proper to at tempt to deprive any corporation of the right to the review by a court of any order or decree which, if undisturbed, would rob It of a reasonable return upon Its Investment or would subject it to bur dens which would unjustly discriminate against It and In favor ot other carriers similarly situated. What la, however, of supreme importance is that the decision ot such questions shall be as speedy as the nature of the circumstances will admit, and that a uniformity of decision be se cured, so as to bring about an effective, systematic and scientific enforcement of the commerce law, rather than conflicting decisions and uncertainty of final result. Favors Court of Commerce "For this purpose I recommend the es tablishment of a court of the lIU ted States composed of five Judges designated for such purpose from among the circuit Judges of the United States, to be known as tbe 'United titaies court of commerce,' which court shall be clothed with exclusive original Jurisdiction over the following classes of cases; "1. All cases for the enforcement, other wise than by adjudication and collection of a forfeiture or penalty, or by Infliction ot criminal punishment, of an order ot tbe Interstate Commerce Commission other than for the payment of money. "2. All cases brought to enjoin, set aside, annul or suspend any order or requirement of the Interstate Commerce Commission. "1. All such cases as under section $ of ot the act of February U, 'l803, known as the 'Klktns act,' are authorised to be main tained In a circuit court ot the United States "4. All such mandamus proceedings as under the provision of section 20 or section 23 of the Interstate commerce law are authorised to be maintained In a circuit court of the United States. . s "Reasons precisely analogous to those which induced the congress to create the court of customs appeals by tbe provisions In the tariff act rf August I, 19Uv, may be urged in suport of the creation of the commerce court. Additional rircnlt Jadges. "In order to provide a sufficient number of Judges to enable this court to be con stituted, It will be necessary to authorise the appointment of five additional circuit Judges, who, for the purposes 6f appoint ment, might be distributed to those cir cuits where there is at the present time the largest volume of business, such as the Second, Third, Fourth, Seventh and Eighth circuits. "The act should empower the chief Jus tice at any time when the business of the court of commerce does not require the services of all the Judges to reassign the Judges designated to that court to the cir cuits to which they respectively belong; and it should also provide for payment to such Judges while sitting by assignment In the court of commerce of such addi tional amount as is necessary to bring their annual compensation up to $10,000. The regular sessions ot such court should be held at the capital, but it should' "be empowered to hold sessions In different parts of the United States If found desir able; and its orders and Judgments should be made final, subject only to review by the supreme court of the United States with the provision that the operation of the decree appealed from shall not be stayed unless the supreme court shall so order. ' ' Restraining Orders After Hearlnsr. "The commerce court should be em powered In Its discretion to restrain or sus pend the operation of an order of the interstate commerce commission under re view pending the final hearing and deter mination ot the proceeding, but no such restraining rder should be made except upon notice 'and after hearing, unlets In cases where irreparable damage would otherwise ensue to the petitioner. A Judge of that court might be empowered to allow a stay of the commission's order for a period of not more than sixty days, but pending application to the court for its order or Injunction, then only where his order shall contain a specific finding based upon evidence submitted to the Judge making the order'and Identified by referf ence thereto, that such Irreparable damage would result to the petitioner, specifying 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 ployes attorneys who, while subject to the control ot the attorney general, act under the Initiative and under the Instruction of the commission. This blending of ad mlntstratlve, legislative and Judicial tunc tlons tends. In my opinion, to Impair the efficiency of the commission by clothing It with partisan characteristics and rob' blng It of the impartial Judicial attitude it should occupy In passing upon questions submitted to It. In my opinion all lltlga tlon affecting the government should be under the direct control of the Department of Justice and I therefore recommend that all proceedings affecting orders and de crees of the Interstate Commerce Commit s'on be brought by or against the Untied States Fo nomine, and be placed In charge of an assistant attorney general acting under the direction of the attorney gen eral. Fooling; Rate Agreements. "The subject of agrements between car riers with respect to rates has ben often discussed In congress. Pooling arrange ments and agreements were condemned by the general ' sentiment of the people and, under the Sherman anti-trust law, any agreement between carriers operating In restraint of Interstate or international trade or commerce would be unlawful. The republican platform of 1900 expressed the belief that the Interstate commerce law should be further amended, so as to give the railroads the right to make and publish traffic agreements subject to the approval of the commission, but maintain ing always the principle of competition be tween naturally compiling lines and avoid ing the common control of such lines by any means whatsoever. "In view of the complete control over rate making and other practices of Inter state carriers established by the act of congress and as recommended in this com munication, I seo no reason why agree ments between carriers subject to the act specifying the classifications of freight and the rates, and charges for transpor tation of pab'sengens and freight which they may agree to establish, should not be permitted, provided copies of such agreements be promptly filed with the com mission, but subject to all provisions of the interstate commerce act and subject to the right of any parties to such agreement to cancel it as to all or any ot the agreed rates, fares, charges, or classifications by thirty days' notice In writing to the other parties and to the commission. Carriers to tftuote I.eual Hate. "Much complaint Is made by shippers over the state of the law under which they 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 application by a shipper, to quote the legal rate In writing, and that the shipper should be protected In acting upon the rate thus quoted; but the objection to this suggestion Is that it would afford a much too easy method of giving to favored shippers un reasonable preferences and rebates. "I think that the law should provide that a carrier, upon written request by an In tending shipper, should quote In writing the rate or charge applicable to the pro posed shipment under any schedules or tariffs to which the carrier Is a party, and that If the party making such request surfer damage In consequence of either re fusal or omission to quote the proper rate, or In consequence of a misstatement of the rate, the carrier shall be liable to a penalty In some reasonable amount, say $260, to accrue to the United States and to be re covered In a civil action brought by the appropriate district attorney. Such a pen alty would compel the agent of the carrier to exercise due diligence In quoting the ap plicable legal rate, and would thus afford the shipper a reasonable measure of pro tection, tvhlle not opening the way to col lusion and the giving the rebates or other unfair discrimination. Initiative by Commission. "Under', 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 Borne indlvlduul affected thereby. I see no reason why the commission should not be authorized to act on its own initiative as well as upon the complaint of an Individual In Investigating the fairness of any exist ing rate or practice, and I recommend the amendment of the law to so provide; and also that the commission shall be fully em powered, beyond any question, to pass upon the classifications of commodities for purposes of fixing rates, In like manner as It may now do with respect to the maxi mum rate applicable to any transportation. "Under the existing law the commission may not investigate an increase In rates until after It shall have become effective; and although one or more carriers may file with the commission a proposed In crease In rates or change In classifications, or other alterations of the existing rates or classifications, to become effective at the, expiration of thirty days from such tiling, no proceeding can db ibk-u iu in vestigate the reasonablness of such pro posed changes until after It becomes op erative. On the other' hand, If the com mission shall make an order finding that an existing ratu Is excessive and directing It to be reduced, the carrier affected may by proceedings In tha courts, stay the operation of S'jch order of reduction for months and even years. Action Before Effective Date. It has. therefore Been suggested that the commission should be empowered when- ever a proposed Increase In rates Is filed at once to enter upon an Investigation ot the reasonableness of the Increase and to make an order postponing the effective date of such Increase until after sucn Investigation shall be completed. To this much objection has been made on the part of carriers. They contend that this would be, In effect, to take from the owners ot the railroads the management of their properties, and to clothe the Internets Commerce commission with the original rate making ;jower-a policy which was much discussed at the time of the passage or the Hepburn act In 19iK-6, and whlcn was then, and has always been distinctly rejected; and In reply to the suggestion that they are able by resorting to thfc courts to stay the taking effect of the order of the commission until its reason ableness shall have been Investigated b the courts, whereas the people are de prived of any, such remedy with respect to action by the carriers, they point to the provision of the Interstate commerce act ppcivldlng for restitution to the shippers by carriers of excessive rates charged In cases where ths order of the commission re ducing such rates are affirmed. It may be doubted how effective this remedy is. " Customers Finally Pay Bill. 'Experience has shown that many, per haps most, shippers do not resort to pro ceedings to recover tha excessive rate which they may have been required to pay, for the simple reason that they have added their rates paid to the cost of the goods and thus enhanced the price thereof to their customers, and that the public tins in effect paid the bill. On the other hand, the enormous volume of transportation charges, the great number of sepaiate tariffs filed annually with the Interstate Commerce commission, , amounting to al most 200.000, and the impossibility of any conimlsRh.n supervising the malting of tariffs In advance of their becoming effec tive on every transportation line within the United States to the extent that would be necessary If their active concurrence were required In the making of every tariff, has satisfied me that this power, If granted, should be conferred In a vry limited and restricted form. "I therefore recommend that the Inter state Commerce commission be empowered whenever any proposed Increase of rates Is tiled, at once, either on complaint or of Its own motion, to enter upon an In vestigation Into the reasonableness of such change, and that it be further empowcied, In its discretion, to postpone the effective date of such proposed Increase for a p rlod not excei ding sixty days beyond ihe date when such rate would take effect. If within this time It shall determine that such increase is unreasonable It may then, by Its order, either forbid the Incrense at all or fix the maximum beyond which it shall not be made. It, on the other hand, at the expiration of this time the commission shall not have completed Its Investigation then the rat? shall take effect precisely as it would under the existing law and the commission may continue its Investigation with such results as might bo realized under the law as it now stands. Rlarht to Select Haute, "The claim Is very earnestly advanced by some large associations of shippers that shippers of freight should be empowered to direct the route over which their shipments should pass to destination, and In this con nection It has been urged that the provis ions of section 15 of the Interstate com merce act, which now empowers the com mission, after hearing on complaint, to es tablish through routes and maximum Joint rates to be charged, etc., when no reason able or satisfactory through route shall have been already established, be amended so as to empower the commission to take such action, even when one existing reas onable and satisfactory route already ex ists, If It be possible to establish additional routes. This seems to me to be a reason able provision. I know of no reason why a shipper should not have the right to elect between two or more established through routes to which the Initial carrier may be a party, and to require his shipment to ta transported to destination over such of such routes as he may designate for that purpose, subject, however, in the exercise of this right, to such reasonable regulations as the Interstate Commerce commission may prescribe. Control of Competing; Lines. "The republican platform of 1908 declared In favor of amending the Interstate Com merce law, but so as always to maintain the principle of competition between na turally competing lines, and avoiding the common control of such lines by any means whatsoever. One of the most potent means of exerclBlng such Interest has bean through the holding of stock of one rail road company by another company owning a competing line. This condition has grown up under express legislative power conferred by the laws of many other states and to at tempt now to suddenly reverse that policy, so far as It affects the ownership of stocks heretofore so acquired, would be to In flict a grievous ( Injury, not only upon the corporations uffected, but' upon a largo body of the Investment-holding pub lic. I, however, recommend that the law shall be amended so as to provide fnom and after the date of Its passage, no rail road company subject to the Interstate commerco act shnll directly or lndlrertly, acquire nny Interests of any kind In capi tal stock, or shall purchase or lease any railroad or any other corporation which competes with It, respecting business to which the interstate commerce act applies. Hut especlijly for the protection of the minority stockholders In securing to them the best market ,for their stock I recom mend that such prohibition be coupled with a proviso that It shall not operate to pre vent any corporation which at the date of the paamiKe of such act, shall own not lees than one-half of the entire stock Is sued and outstanding capital stock of any other railroad company, from acquiring all or the remainder of such stock, or to prohibit any railroad company which at the date of the enactment of the law Is operating a railroad of any other corpora tion under lease, executed for a term of not less than twenty-five years, from ac quiring the reversionary ownership of the demised railroad; but that such provisions shall not operate to authorize or validate the acquisition, through stock ownership or otherwise, of a competing line or Inter est therein In violation of the anti-trust or any other law. Overissue of Stork. 'The republican platfon.i of VMS further declares In favor of such national legisla tion end supervision as will prevent the future overissue of stocks and bonds by Interstate carriers, and In order to carry out its provisions, I recommend the enact ment of a law provld'ng that no railroad corporation subject to the Interstate com merce act xhall hereafter for any purpose connected with or relating to any part of Its business governed by said act. Issue any capital stock without previous or simultane ous payment to It of not less than the par VftltiA lirh mtnrk nr nriv lifmrf. rm obligations (except notes maturing not more t ,M 'Continued on Page Twelve.) 1 "T"