AULI

FEB26 1914

TRUST LEGISLATION

HEARINGS

·U.S. Congress, House

COMMITTEE ON THE JUDICIARY

HOUSE OF REPRESENTATIVES

SIXTY-THIRD CONGRESS

SECOND SESSION

ON

TRUST LEGISLATION

Serial 7-Part 1

DECEMBER 9, 16, AND 19, 1913
JANUARY 29, 1914

WASHINGTON

GOVERNMENT PRINTING OFFICE

CONTENTS.

Hon. Dick T. Morgan, a Representative from Oklahoma, remarks by.

Mr. Samuel Gompers, president American Federation of Labor, remarks by.

Hon. A. O. Stanley, a Representative from Kentucky, remarks by..

Hon. Robert L. Henry, a Representative from Texas, letter from..

II

COMMITTEE ON THE JUDICIARY.

HOUSE OF REPRESENTATIVES.

SIXTY-THIRD CONGRESS.

HENRY D. CLAYTON, Alabama, Chairman.

EDWIN Y. WEBB, North Carolina.
CHARLES C. CARLIN, Virginia.
JOHN C. FLOYD, Arkansas.
R. Y. THOMAS, Jr., Kentucky.
H. GARLAND DUPRÉ, Louisiana.
WALTER I. MCCOY, New Jersey.
DANIEL J. MCGILLICUDDY, Maine.
JACK BEALL, Texas.

JOSEPH TAGGART, Kansas

LOUIS FITZHENRY, Illinois.

JOHN F. CAREW, New York.
JOHN B. PETERSON, Indiana.
JOHN J. MITCHELL, Massachusetts.
ANDREW J. VOLSTEAD, Minnesota.
JOHN M. NELSON, Wisconsin.
DICK T. MORGAN, Oklahoma.
HENRY G. DANFORTH, New York.
L. C. DYER, Missouri.

GEORGE S. GRAHAM, Pennsylvania.
WALTER M. CHANDLER, New York.

J. J. SPEIGHT, Clerk.

TRUST LEGISLATION.

SERIAL 7, PART 1.

COMMITTEE ON THE JUDICIARY,
HOUSE OF REPRESENTATIVES,
Tuesday, December 9, 1913.

The committee this day met, Hon. Henry D. Clayton (chairman) presiding.

The CHAIRMAN. Mr. Morgan, we had promised to give you a hearing on your bill this morning, and you may proceed at this time. STATEMENT OF HON. DICK T. MORGAN, REPRESENTATIVE IN CONGRESS FROM THE STATE OF OKLAHOMA.

Mr. MORGAN. Mr. Chairman and gentlemen of the committee, in the Sixty-second Congress, January 25, 1912, I introduced H. R. 18711, entitled "A bill to regulate the commerce of certain corporations, and for other purposes." Among other things the bill created an "interstate corporation commission," composed of seven members, and gave to the said commission extensive power of supervision and control over the large industrial corporations doing an interstate business. On the 20th of February, 1912, I delivered in the House of Representatives a speech in which I explained the provisions of my bill and advocated its enactment into law. So far as I know this was the first bill introduced in the House creating such a commission, and so far as I know I was the first to advocate in a formal speech in the House the creation of such a commission. On the 7th day of April, 1913, the first day of the first session of the Sixty-third Congress, I reintroduced this bill. The new bill is H. R. 1890.