THE CITIZEN, FRIDAY, FEBRUARY 14, 1913.
PAGE THREE
t 9 V '
i PRESIDENT ELECT
PERFORMED
Big Duties of Governor and
Inaugural Affairs Are
Combined.
By JAMES A EDCERTON.
THE prcsldoucy of tlio United
States entails heavy burdens
and bard work long before the
term of office actually begins.
The campaigns for the nomination and
the election usually occupy nearly a
ear of organization, press work,
Etump speaking nnd conferences. It
Is after election, however, that tho
'president elect's duties really begin to
approximate those ho will have to ns
Bumo after the inauguration. Policies
must be formulnted, tho cabinet and
other important officials agreed upon,
tho inaugural address written, the in
augural ceremony, parade nnd display
organized, ninny of tho details having
to be attended to by tho president elect
personally, and various party questions
ironed out in the different states and
in the nation nt large.
President Elect Woodrow Wilson has
not only had all of these heavy duties
to bear, but has also been governor of
New Jersey, thus giving him a double
burden, either half of which would
have proved too much for most men.
Nor does this include all of his task.
Now Jersey has become known as the
"mother of trusts." To remove from
her this stigma and to draft and have
passed an entire body of anti-corporation
laws for the state is the volun
tary additional work assumed by Gov
ernor Wilson. To this end he hns
formulated and caused to bo drafted
under his personal supervision seven
Important bills which lie hopes to see
enacted into law before he relinquishes
tho governorship. The mere writing
of these measures is only a small part
EDWIN R. WALKER.
of the work connected with their pas
sago. Keeping the situation in hand,
holding conferences with the legisla
ture, crowding the bills through tho
two houses and seeing that there is no
material delay and no injurious amend
ments aro features of the program.
Tho closing of Mr. Wilson's work in
tho state docs not end even here.
There are several minor measures in
which he is vitally interested, such ns
reform of the procedure in drawing
juries, abolition of railway grade
crossings, reform of tlio taxation laws
and the culling of n convention to
niucnd tho constitution of New Jersey.
The "Seven Sisters."
Governor Wilson calls his anti-trust
bills tho "seven sisters." What some
of tho trust people call tliem Is not
printed hero for reasons of propriety,
although the now head of tho harves
ter trust is reported to have spoken of
them as the seven commandments.
Tho keynote of tho proposed legisla
tion Is that "guilt is personal." In
other words, it is proposed to send
somebody to jail. In tho past, except
in a few minor instances, it has boon
Impossible to get a conviction under
tho criminal clause of the Sherman
anti-trust law. American juries will
not vote to send trust malefactors to
prison, That, of course, is under the
federal law. Under these proposed
state laws tho crimes for which trust
directors and officers may bo criminal
ly convicted aro more closely dolincd.
If tho bills are enacted tho offending
corporation may loso not only its char
ter, but tho directors, dummy or other
wise, may bo convicted of a misde
meanor, with a maximum penalty of
three years' imprisonment or ?1,000
fine. Holding companies aro also pre
vented in future. Tho laws are not
retroactive, so that holding companies
already formed may continue, provided
they do none of tho things prohibited
tnder tho new statutes. Tho definition
of n trust is laid down as follows:
A trust Is a combination or agreement
betweon corporations. Arms or persons,
any two or more of them, for tho follow
ing purposes, and such trust Is hereby de
clared to bo Illegal and Indictable:
First. To create or carry out restric
tions In trade or to acquire a monopoly
either In Intrastate or interstate business
or commerce.
Second. To limit or reduce the produc
tion or Increase the price of merchandise
or of any commodity.
Third. To prevent competition In man
ufacturing, tnuklne. transporting, selllntr
t t
wILSON
HAS
S TASKS
He Achieved Much In Pre
paring Seven Anti-trust
Laws For State.
-t -t :
and purchasing of merchandise, produco
or any commodity.
Fourth. To fix at any standard or fig
uro whereby its price to the public or con
sumer shall in. any manner be controlled
any article or commodity of merchandise,
produco or commerce Intended tor sale,
use or consumption In New Jersoy or else
where. Fifth. To make any agreement by
which they directly or lndlroctly preclude
a free and unrestricted competition among
themselves or any purchasers or consum
ers in tho sale or transportation of any
article or commodity cither by pooling,
withholding from the market or selling at
a fixed price or In any other manner by
which the prlco might be affectod.
Sixth. To make any secret oral agree
ment or arrive at any understanding
without express agreement by which they
directly or Indirectly preclude to a free
and unrestricted competition among them
selves or any purchasers or consumers In
the sale or transportation of any article
or commodity either by pooling, withhold
ing from tho market or selling at a fixed
price or In any other manner by which
tho prlco might bo affected.
They Have Teeth.
The heaviest penalties arc directed
at price fixing. Watering of stocks is
also brought under the ban. The mcas-
Photo by American Press Association.
sxArsnoT op ritnsiDnjrr elect wilsok.
ures are not only broad and sweeping,
naming every trust practice that lias
caused public complaint, but are detl
nlte and clear in their language. In
other words, they have teeth. They
are an answer to those who have ob
jected that the president elect's speech
es have been general nnd vague. They
show that when he comes to official no
tion lie can got down to details. In
fact, it is his policy to lay down gen
eral principles in his speeches, but
when administrative details aro reach
ed to be as explicit about particular
evils as the case requires. There can
bo no objection that he is vogue or am
biguous in these nnti-trust bills.
Tho measures wore drawn nt Gov
ernor Wilson's request by Chancellor
Edwin It, Walker, who succeeded Su
preme Court Justice Mahlon Pitney as
head of Now Jersey's highest court.
Chancellor Walker was assisted by ex
Judgo Rennet Van Syckle, an eminent
lawyer of the state. They were intro
duced by Senator J. Warren Davis,
majority leader of tho state senate.
Four of the bills were referred to the
judiciary committee, of which Sena
tor Davis Is chairman, but tho other
three went to the corporations commit
tee, and hereby hangs a tale.
Tho head of tho corporations commit
tee was not particularly friendly to the
governor's proposed legislation, nnd
stories were soon flonting. about Tren
ton that tho bills in Ills charge would
bo delayed by extensive hearings. Tho
plan was to "string them along" until
after March 3, when Woodrow Wilson
would no longer bo governor of New
Jersey. Thereupon something happen
ed, nnd the something was quite char
acteristic of tho Wilson methods. Tho
Dcuiocrnts of tho legislature were call--il
together in conference, the threo
hills were token out of tho hands of
the corporation committee- nnd referred
with tho other four to Senotor Dovls'
Judiciary committee, and henceforth
tho talk of "stringing things along"
was heard no more. Hearings are be
.ing hold, of course, but they are all in
Trenton nnd not nil over tho state, as
the delay advocates proposed; neither
is their secret object to block progress
until after Governor Wilson is out of
the state.
Future With Those Who Serve.
One powerful figure who stood with
(Vllson In this fight was Senator James
V. Fielder, president of the senate and
future successor to tho eovernorshln
ARDUQU
oiler Mr. Wilson becomes president of
the United states. In his last message
to the legislature the governor paid a
high tribute to Senator Fielder nnd to
tho other loyal legislators who have up
held him in his battle for reforms in
New Jersey.
Other notable items in this farewell
message, aside from those already
mentioned, Including radical revision
of the corporation laws, further tnxa
ntlon reform, eliminating grade cross
ings nnd advocating a state constitu
tional convention, were n recommenda
tion for commission government in nil
cities and advocacy of a "full crew"
bill for railroads. It was In this mes
sage that tho fine passage occurred de
claring that the future belongs to those
who serve without a selfish purpose.
Every Indication is that the Wilson
anti-trust bills will pass the New Jer
sey legislature and that he will have
an opportunity to sign them before re
linquishing tho governorship. That
would be n fitting ending for his work
in the state. Taking it all In all nnd
nslde from partisanship, is there any
finer example in American politics?
This is tho sort of thing that nppeols
to the imagination nnd on which his
torians love to dwell. It is at once an
auspicious ending of Mr. Wilson's work
as governor nnd n prophecy of his
work as president. Tills man who has
written so much history is now enact
ing history.
Trust Question National.
As to the bearing of tho proposed leg
islation on his national work the gov
ernor has refused to commit himself.
When asked point blank ns to whether
these bills embodied his ideas of the
way, the nation should deal with tho
trusts he answered rather dryly:
"They embody my ideas of the way
New Jersey should deal with the ques
tion." On this point we are free to form our
own conclusions. Practically all of
these New Jersey corporations do a no
tional business. Tho abuses of which
they are guilty are not stote, but na
tional. Ueeause of our dual system of
government the remedies must be both
state nnd national. It is well known
Uiat Governor Wilson himself believes
Photo by American Press Association.
JAMES F. FIELDER.
that the federal anti-trust laws should
supplement and complete tho state anti-trust
laws.
The bills, in brief, provide penalties
for doing any of the acts Included un
der the definition of a trust, prevent
the extension of present holding com
Dailies and tho formation of now ones,
provide that no fictitious or watered
stock shall bo issued, that no stock
shall be issued for profits not yet earn
ed, that uo corporation shall purchase
another corporation unless its business
be the same and then shall not Issue
stock in an amount greater than tho
sum actually paid In cash or its equiva
lent, that the statement of such pur
chases shall be filed with the secretary
of state, that any false statement shall
be a misdemeanor, that nuy purchase
for tho purpose of restraining trade or
creating a monopoly shall likewise be
a misdemeanor, that before any merg
er of corporations Is permitted in fu
ture tho approval of the board of pub
lic utilities commissioners must bo ob
tained, nnd that there shall be no dis
crimination between different sections
or communities of tho state.
Rising Above Self Interest.
One effect of this legislation may bo
to deprive tlio state of New Jersey of
more than $3,000,000 annual revenue.
It Is a hopeful fact and a fine com
mentary on human nature that this
phase of tho question has had little ef
fect in the state. Tlio people of New
Jersey are showing tho disposition to
rise above all selfish considerations in
the matter and to legislate only for
what they think right and beneficial to
the people of tho entire country.
It is also hopeful and not n little
surprising that tho corporations them
selves are making little open fight
against tho bills. They evidently have
concluded to fnco tho inevitable and
make the best of it.
There are only n few states left that
uffer special inducements to corpora
tions to organize under their laws.
These measures will take New Jersey
out of this class and will placo her
abreast of the other states having anti
trust legislation. That these laws will
go any great way toward solving tho
trust question la not contended. This
is national nnd must bo dealt with by
the nation. Governor Wilson by these
bills is simply clearing the ground for
tackling the bigger question, which he
will meet as President Wilson.
Sporting Notes.
About every ball club in tho two
major leagues seems to havo put in a
bid for tho services of James Thorpe,
the dothroncd hero of tho Swedish
Olympic games.
Lieutenant Howard, United States
navy, who hns coached the academy
football team to two successive vic
tories over tho Military academy elev
en, has beon requested to tnko charge
of the squad for another season.
Monte Cross, tho veteran In Holder,
has been offered tho position of coach
Df the ball team of the University of
Michigan. Drnnch Illckey. who coach
ed tho team last year, has signed with
the St. Louis Ill-owns to act us chief
scout.
Train and Track.
The Erie railroad annually carries
over 25.000.000 passengers and over
10.500.(100 tons of freight
On the underground railways of Lon
don many of tho passenger coaches ex
ceed the fifty feet in length.
A new German electrical device to
enable u moving train to set a signal
makes use of a slight sinking of n rail
as a train passes over it
In 1012 over 3.000 miles of railroad
were built In the southern states, of
which 348 miles were in Texas. This
year some 047 miles are to be built In
Texas
Education Notes.
The course In Spanish at the Naval
academy has been extended from two
to four years
State aided Industrial schools are
now maintained in nineteen Massachu
setts communities.
Austria's eight universities had lid,
33'.! students last year, of whom 2.130
tvere women The seven technical
schools had D.U20 in attendance.
Plans have been started by the
Deutscher Vcroin nt Columbia univer
sity for the organization of a union of
German student societies in American
universities
SHE-RIFF'S SALE OF VALUABLE
REAL ESTATE. By virtue of
process issued out of the Court ot
Common Pleas of Wayne county, and
State of Pennsylvania, and to me di
rected and delivered, I havo levied on
and will expose to public sale, at the
Court House In Honesdale, on
KIUDAY', MAUCII 7, 1013, 2 P. M.
All the defendant's right, title
and interest in the following de
scribed property viz:
All that certain lot or tract of land
situate In the township of Damascus,
County of Wayne and State of Penn
sylvania, hounded and described as
follows: Beginning at a beech at the
southwest corner of land which
Thomas Stewardson by deed dated
Oot. 24, 1840, conveyed to Eli B.
Kdesler; thenco by lands of John
Torvoy north two hundred ninety
eight and one-half rods to a beech
corner; thence by land in the war
rantee name of John Van Devine,
north forty-four degrees east one
hundred and seventy-six rods to a
post corner; thence by a track of
land in tho warrantee name John F.
Ernst south eighty-eight degrees
east sixty-four rods to a stone corn
er; thence by said warrantee and
land in the warrantee name of Jacob
Beedleman and John Born, south
four hundred and 'forty-nine and one
half rods to a stone corner; thence
by land contracted to Philip P. Bing
ham and Hiram W. Bingham, north
seventy-nine degrees west one hun
dred eighty-eight and one-half rods
to the place of beginning. Contain
ing four hundred and two acres and
eleven perches more or less. Saving
and excepting thereout two pieces of
land containing each fifty acres, one
sold to Philip C. Bingham and tho
other to Baron Bingham and survey
ed from the southern part or end of
said lot by a line run parallel with
tho southern end of said lot suffi
ciently distance, north, thence to em
brace said two lots hereby excepted
and reserved. Being tho same land
William L. Wood et ux. granted and
conveyed to Ellas Mitchell by deed
dated January 22, 18C7, and
recorded in Deed Book No. 34, page
79, and being the same land which
Ellas Mitchell granted and conveyed
to James M. Hawarth by deed dated
Nov. 11, 1907, and recorded in Deed
Book No. 98, page 74.
Upon said promises, one and one
half story -frame house, frame barn
and twenty-ilve acres of Improved
land.
Seized and taken In execution as
the property of James O. Mumford,
Adm'r of James M. Hawarth, de
ceased, at tho suit of Ellas Mitchell,
assigned to Joel G. Hill. No. 48,
January Term, 1913. Judgment,
$1855. Attorneys, M. & M.
TAKE NOTICE 'All bids and costs
must be paid on day of sale or deeds
will not he acknowledged,
FRANK C. KIMBLE, Sheriff.
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HONESDALE, PA.,
42 YEARS
BECAUSE we have beeu transacting a SUCCESSFUL
banking business CONTINUOUSLY since 1S71
and are prepared and qualified torenderVALU
ABLE SERVICE to our customers.
BECAUSE of our HONORABLE RECORD for FORTY
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OFFICERS :
V. 11. IIOLMES, PRESIDENT. II. S. SALMON', Cashier.
A. T. SEAUIiE, Vice-President. W. .T. WAIM), Asst. Cushier
DIRECTORS
H. J. CONGER',
W. B. HOLMES,
C. J. SMITH,
H. S. SALMON.
T. B. CLARK,
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