Jasper County Democrat, Volume 14, Number 81, Rensselaer, Jasper County, 20 January 1912 — MORE TRUST INQUIRIES [ARTICLE]

MORE TRUST INQUIRIES

Government to Look after Three Alleged Octopi. Atlantic Pool, International Harvester Company arid Money Trust Are Meant. • - - Washington, Jan. 19.—Late developments in the house committee on rules foreshadow congressional inquiries into three great commercial interests •—the foreign shipping combine, better known as the “Atlantic pool,’’ the International Harvester Company, and an organized entity that has come to be referred to as the money trust. It became known that President Taft approves, or at least does not disapprove, the proposed investigation into the activities of the foreign shipping combine which, according th Rep-’ resentative Humphrey of Washington, a Violates the Sherman act- and the railroad rate law and imposes restrictions on American commerce and tends to the restraint of trade. The president’s attitude toward the shipping combine was disclosed before the committee on rules. For all practical purposes the triangular plan to bring the shipping trust, the Harvester company and the money trust within the scope of one inquiry has been abandoned. Present indications are that the shipping combine and the Harvester company will be treated as indicated and a resolution passed authorizing a special inquiry into the activities of the various banks and corporations that comprise what is known as the money trust.