Highland Park Public Library Local Newspapers Site

Wilmette Life (Wilmette, Illinois), 16 Jun 1938, p. 30

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WiUmefte' 1.143 PATRONIZE OUR ADVERTISERS. IJUUNDR 0f the congressional delegat ion, 3 senators will be appointed by the Vice-President and'-3 congressmen will be appointed. by the Speaker of the Housé. As. bas bee4u custotnary in the creatioù of congressional corn- mnittees, each will no doubt select two, Demiocrats and one Republican to serve.1 Coveys Broad FieId .Of the executive delegation on the comnittee, the Department of justice, Department of Commerce, Depart- ment of the Treasury, Department of Labor, Securities a nd'Exchange comn- mission and Federal T rade commis- sion wiIl each have- one representative appointed by the respective heads. of those divisions of the governient. In short, there is to be establislied ,on of the. at ivsiag om1 mittees ever established by Congress. It is unique flot only in its size but. also in the fact that it is to have members from both branches of the governiment. This particular featuré met wjth some opposition in the Senate on the theory that Congress itself should conduct its own investi- gation and on the ground that it made the committee too.large to be effective. srnoIe-screen. Not intrequnty have they launched into punitive attacks.on Jindoividuals or .groups for solely polit-. ical purposes. Quotes Presidents' Message In the President's Message to Con- "ress on April 29, of this year, recom-. mending a "comprehe nsive study" of monopolies, he,' said:, "This prograni sbould appeal to the hone st common sense of every independent business- man inter.estéod primarily in 'runn ing his own business at a 'profit rather than in controlling, the business. of other men, It is not intended as the beginning of any.ilI-con.siderico 'trust- busting' activi ty which lacks- proper, consideration- for economic resuits'." It can be said that the degréee of "appeal to honest common sense" of the program' will depend upon "honest common sense" in carrying out its true purpose-to study the facts in an impartial and fair-minded way. 3 Schools of Thought At the present tinle there. seemis to be three schools of thought in Con.- gress in connection wth monopoli es. One group believes that the problern can be solved simply by enacting stiff er penalties. A second group believes of the most extensive investigations neal wîtn tne problem is to require into monopolies and monopolistic every corporation doing business in practices that has ever been made by interstate commerce to secure a Fed- any body at any time. It bas a dual eral license., purpose; to arouse public opinion to Since a committee is being created the nature and extent of monopolies to study the problemn, no doubt the' and, secondly, to Iearn the facts on 76th Congress will be called upon to which to base such supplemnental deal with it in some manner. Repeat North Shore I a EM 7 7 M. = z 97=7 c -1ý î M Q n z ZéTPm Urll, ý M= lq m, ý 16!iMMw!ýPe ý > ý

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