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THE NEW YORK
PUBLIC LIBRARY
611038

ASTOR, LENOX AND
TILDEN FOUNDATIONS.
R

L

COMMITTEE ON INTERSTATE COMMERCE.

MOSES E. CLAPP, of Minnesota, Chairman.

SHELBY M. CULLOM, of Illinois.

BENJAMIN R. TILLMAN, of South Carolina. W. MURRAY CRANE, of Massachusetts.

MURPHY J. FOSTER, of Louisiana. GEORGE S. NIXON, of Nevada.

FRANCIS G. NEWLANDS, of Nevada. ALBERT B. CUMMINS, of Iowa.

JAMES P. CLARKE, of Arkansas. FRANK B. BRANDEGEE, of Connecticut. THOMAS P. GORE, of Oklahoma. GEORGE T. OLIVER, of Pennsylvania.

CLARENCE W. WATSON, of West Virginia. HENRY F. LIPPITT, of Rhode Island.

ATLEE POMERENE, of Ohio.
CHARLES E. TOWNSEND, of Michigan.

LEE F. WARNER, Clerk.
GERTRUDE B. SPAULDING,
ROBERT J. MCNEIL,

Assistant Clerks.
II

CONTROL OF CORPORATIONS, PERSONS, AND FIRMS ENGAGED

IN INTERSTATE COMMERCE.

MONDAY, FEBRUARY 12, 1912.
COMMITTEE ON INTERSTATE COMMERCE,

UNITED STATES SENATE,

Washington, D. C. The committee met, pursuant to recess, at 10.30 o'clock a. m., for the purpose of further considering the bill (S. 2941) entitled "A bill to create an interstate trade commission, to define its powers and duties, and for other purposes," introduced by Mr. Newlands July 5, 1911.

Present: Senators Clapp (chairman), and Brandegee.

There being no one present who desired to be heard, the committee thereupon took a recess until Friday next, February 16, at 10.30 o'clock a. m.

FRIDAY, FEBRUARY 16, 1912.
COMMITTEE ON INTERSTATE COMMERCE,

UNITED STATES SENATE,

Washington, D. C. The committee met, pursuant to recess, at 10.30 o'clock a. m., for the purpose of further considering the bill (S. 2941) entitled "A bill to create an interstate trade commission, to define its powers and duties, and for other purposes," introduced by Mr. Newlands July 5, 1911.

Present: Senators Clapp (obrirjaan), Crane, Cummins, Brandegee, Oliver, Tillman, Newlands, and Homerene.

The CHAIRMAN. The committee will first take up Senator Williams's bill.

The bill referred to (S. 4747) was introduced by Senator Williams on January 23, 1912.

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STATEMENT OF HON. JOHN SHARP WILLIAMS, A SENATOR

FROM THE STATE OF MISSISSIPPI.

Senator WILLIAMS. Mr. Chairman, and gentlemen, I feel almost as if one needed to apologize for one Senator coming around to talk to others about the trusts. I frankly confess that no public question ever gave me the degree of mental embarrassment that this one has, both in trying to diagnose the disease and in trying to suggest a remedy.

For a long time I wandered around in the dark, reading everything I could get hold of and trying to think the thing out as best I

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