OiiEGOiAJN, JsAl IKDAI, Al'GLsT 3, iiii'Z. DRIVER OF POLICE IL OF STEEL ! UNITED STATES SENATOR WHOSE RESOLUTION PROCLAIM ING NEW INTERNATIONAL DOCTRINE PASSES SENATE. AUTO EXONERAIEO TRUST DISAPPROVED llj.M.LIi.lUi tl)V ) iJMn ..(.")..J-,.f.M.V .. Policeman Leisy, However. House Committee Would Cure Evils by Publicity and Law Enforcement. Failed to Exercise Due Precaution, Says Jury. r.:::;?v:;:.;; C0STELL0 DEATH RELATED MANY ABUSES ARE FOUND GUNTFir SPEND YOUR VACATION i I j ar s v ... ".3 Report Tells of Stock Watering, Cre ation of Panics to Further Own Ends and Price Juggling Mi nority Would Dissolve Trust. WASHINGTON. Aug-, t. The report of the majority of the committee of the House of Representatives, directed more than a year agro to investigate the United States Steel CorpoVatlon, was submitted to the House today by Repre sentative Stanley, of Kentucky, chair man of the committee. The report of the majority deals with the steel trust from its inception and describes the various steps by which J. P. Morpan and his associates built up the corporation. In addition to rec ommendations for legislation suggested as remedial, the Democratic members of the committee make general accusa tions against the men responsible for the organization. Morgan and AocIate Grilled. Morgan and his associates are held up as being the beneficiaries of enor mous profits realized from the over capitalization of the subsidiary com panies of the Steel Corporation and, later, of the corporation Itself. Judge E. H. Gary and his dinners to steel manufacturers are credited with a scheme by which prices and territory were controlled by the steel trust after pooling agreements were discarded. Ex-President Roosevelt Is indicted for making the control of the ' steel trust absolute, and is charged with being responsible for the gigantic stature which the trust has attained. The corporation Is flayed as an enemy of organized labor, and accused of lowering the sociological conditions of its employes and of contributing to American industry workmen and work methods un-American and foreign to the best Interests of labor. Principal- stockholders of the Steel Corporation are accused of exerting a powerful and injurious influence on the business of the United States by means of control exercised through in terlocking directorates of railway and industrial organizations. Tables are printed which show the many com panies in which steel trust directors are officers or directors. Corporations' Activity Bared. The activity of the corporation In politics is laid bare and its Influence described, and the steel trust as a tar iff beneficiary and its part in the making of the Payne-Aldrich tariff act re touched upon by the Democrats. In Its comment the committee says: "How a panic which had persistently resisted the combined efforts of the Federal Government and John D. Rockefeller and J. P. Morgan & Co., ind remained in unabated fury after Morgan and Rockefeller had turned oose JfiO.000.000 and the Federal Treas jry $25,000,000 more, should suddenly De stilled by this manipulation of Srant B Schley's loans lias not been explained either by Mr. Roosevelt or bv any other witness. Yet it is urgent ly maintained that the panic continued prior to this magical scoop of secur ities and that the instant the Steel Corporation acquired the Tennessee Coal & Iron Co.'s stock. It subsided Instantly and permanently." Tie committee reports that on Octo ber 26, 1907, President Roosevelt is sued a statement congratulating Sec retary Cortelyou and the business men who headed off the panic. The com mittee says of this: "Up until the time of this interview the yteel Corporation owed its success and its permanency to the power and skill of the financiers who had created and the Iron masters who had directed its operations. Since that time Its dominance had been due in no small measure to the sudden, ill-considered and arbitrary flat of the Chief Execu - tive. Roonevelt la Blamed. The President's refusal to interfere was an absolute warrant to proceed. A suggestion from him to the Attorney-General was equivalent to a com mand, and upon a refusal of the Attorney-General to act, the corporation was immune. This Is admitted by Col onel Roosevelt, and he unhesitatingly assumes full responsibility in the mat ter." The committee .recommends legisla tion to cure trust evils and to meet existing conditions. It condemns the Steel Corporation but does not invade the jurisdiction of the United States court In which there is now pending a government suit for Its dissolution. Th report was signed by the chair man and Representatives Bartlett of Georgia; XicGilllcuddy. Maine; Beall, Texas, and Littleton, New York, Demo crats Representatives Gardner, Mass achusetts; Danforth. New York; Young, Mii-higan. and Sterling. Illinois. Re publicans, dissented from the report of the majority. Representative Sterling submitted bis individual views In a minority report, and Representative Littleton, Democrat, dissenting fspm the recommendations of the majority for amendment of the Sherman anti trust law. filed his views. Minority Report Framed. Representatives Gardner and Dan forth will unite in another minority report, which Representative Young will sign, adding to it his own find ings as to the facts surrounding the organization and operation of the Steel Corporation. The Government's suit isNto discover if the United States Steel corporation is 'in violation of the Sherman antl trust law." In summing up its conclusions the mjirity report says: "The control of corporations by the Federal Government, as recommended by Mr. Carnegie. Judge Gary and oth ers, is not approved. Whatever may be the evil results of the elimination of competition from the steel business, it does not justify such a remedy and could not be cured by it. Such a con trol, semi-socialistic in Its nature, is beyond the power vested by the Con stitution in the Federal Congress. "The abuses mentioned in this report can' in a great measure be remedied by giving to the operations of the United States Steel Corporation and other like corporations the widest publicity, and by the strict enforcement of laws spe cifically inhibiting the employment of cunning devices by which an unfair advantage over competitors is secured. Profits ,Not Reasonable. "The enormous earnings of the Steel Corporation are due not to a degree of integration of efficiency not pos sessed by its competitors, but to the ownership of ore reserves out of all proportion to Its output or require ments and to the control and operation of common carriers, division of rates, end the liberal allwances obtained from other concerns through Inequit able and inordinate terminal allow ances. The business of production and transportation should be absolutely - . j--..jj - - - SAv&Mmw4 HEXRV CABOT LODGE. V separate and distinct, and no industrial concern should be permitted to own or operate an Interstate carrier." Representative eau, or Texas, mauo a study of the Gary dinners' influ ence on the steel trade. He wrote that portion of the report which deals with them. His comment on them follows: "Accepting the dinner of January. 1911, as fairly typical of the rest, and the things said and done there as fairly representative of the things said and done at the others, we think the con clusion is Irresistible that the Gary dinners were instituted as a means or conveying to the entire steel and Iron industry information as to what the attitude of the United States Steel Cor- Doratlon was upon the questions or output and prices and of impressing upon all engaged in the industry tnat it was the part of wisdom and prudence to govern themselves accordingly. Trade la Restrained. "We further believe that by this means prices were maintained, output restricted, territory divided, competi tion stifled and trade restrained, just as certainly. Just as effectively and Just as unlawfully as had been done under the discarded pooling agreements of former years." In discussing the ownership of rail roads and steamship lines by the Steel Corporation, the report says: There is no question that public in terest requires a segregation of rail roads and the Steel Corporation. The control of such public agencies by an industrial corporation carries with it In addition to the advantages which this record discloses, possibilities of even greater abuses." Andrew Carnegie s steel making methods and his desire to extend bis business are held out as the mo tives which compelled J. Pierpont Morgan and his associates to organize the Steel Trust. Reoresentative Sterling, of Illinois, a Republican, disagreed from his col leagues on the committee and submit ted the following views to the House: I heartily favor governmental regu lation of corporations engaged in in terstate commerce. The first step In this direction is legislation providing for Federal incorporation. Such legis lation should limit the capitalization to the actual value of the corporate property,, and thus eliminate from the commerce of the country that abomin able fiction of values commonly termed watered stock." "The extent to which fictitious val ues have been created by over-capitalization of corporate property has shaken public confidence in corporate securities and made the public mind distrustful of large business enter prises 1 "Such legislation should provide ror a system of reports to a commission or other Govsrnment agency, giving full publicity to the manner and purpose of the organization, its methods of do ing business and Its profits. It should provide for rigid supervision of all issues of securities and prohibit one corporation from holding stock in another and limit the extent to which two or more corporations may have common directorates. Recognition of Trusts Bad. ""The proposition that the Govern ment shall recognize and permit to ex ist, trusts, monopolies and combina tions in restraint of trade and then regulate them by legislative control is one calculated to suppress Individual enterprise and destroy competition. It is conceded that such a policy would result necessarily in the fixing of prices of the products of sucbj combina tions, by law. If the Government fixes the price of the finished product, must it not also fix the price of the raw ma terial and of the labor that converts it? "The Federal Government by proper legislation, can resolve great combina tions Into their Integral parts and then by wise and Just regulation of corpor ate powers maintain a natural and healthy condition of trade. It is plainly its duty to do so. NICARAGUA ASKS FOR HELP Minister Velasquez Would Put End to Present Disorders? PANAMA. Aug. 2. Manuel E. Velas quez, the Nicaraguan Minister here, said today he hoped the friendly offi ces of the United States might stop bloodshed and restore peace to the Nlcaranuans. News that President Adolph Diaz, of Nicaragua, bad dismissed General Luis Mena from his office as Minister of War and imprisoned him and that Mena's son, the military commando of Granda, la tn control of Granada. Mn daime and Masaya. where General Mena had stored big quantities of war rrfunitlons. Is confirmed. Senor Velasquez says there Is danger of famine In Nicaragua because of the scarcity of flour, corn and beans, due to the long drougnt. WASHINGTON. Aug. 2. Followers of former President Zelaya, of rvic aragua. are preparing to rally to the revolution, according to dispatches to the State Department today from Port i.imon, Costa Rica. WORLD IS WARNED Senate Passes Lodge Resolu tion, Saying "Keep Off." VOTE ALMOST UNANIMOUS Cummins Says Stand Being Taken From Which United States May Later Have to Recede With Humiliation and Chagrin. (Continued From First Page.) ion that the resolution did not make clear the relation between a foreign government and a foreign corporation. "I do not deem it wise for the United States to say that the stock of a cor poration owning land around Magda lena Bay should not be held by citizens nf another country without some rela tion ot the stockholders to their gov ernment," said he. Senator Cnmmlns Pessimistic. Senator Cummins warned the Govern ment from taking a position from which it might be compelled to recede with chagrin and humiliation. A the Senate proceeded behind closed doors, many Joined In a demand tn know what effect might follow a pronouncement by the United States that it would guard Its approacnes to the extent of keeping foreign corpora tions from acquiring land at advan tageous point?. Cnatif T .nH t'o rifwlAreri the DrODOSal . K.nn H tzf than ttlA TlfPfMlpnt fol- lowed by England when It protested against the acquisition ot a navai site by Germany on th coast of Morocco, n tha oa of nthor nations that had given notice to the world that they WO U 1 (1 1QU& IV Lin.ii u n ii v J J . n A r. it th.lr RiirrniinrllniTR. conati Rtnnp miestioned whether Japan might not consider the posses sion of the fnilippines Dy tne uuiieu States a menace to her safety under a view similar to that of Lodge's. Senator Root, who," with Senator Lodge, explained the scope of the reso lution, expressed the view that the United States was not Inconsistent in its course, but was setting lortn a poi icy well recognized by the world. - WILSON TO CLEAR FOR WAR (Continued From First Page.) newspaper contribution committee and the committee on organization of clubs and auxiliary election bodies were In full swing. Calls Declared Complimentary. Of the visits today of Senators Cul berson of Texas and Hoke Smith of Georgia, and Representative Henry Clayton, chairman of the House Judl' clary committee, the Governor said lit tie. "They were complimentary calls," he remarked. "We did not discuss cam paign business." Governor Wilson rejected today the suggestion that the National Guard of New Jersey take part In the ceremonies here on August 7, notifying him of his nomination. He believes the military unnecessary in a political affair of that kind. Chairman Grosscup of the New Jer sey Democratic committee said today the decision of Governor Wilson not to resign his office during the -present campaign would please Democrats throughout the state. Speaking of his intention not to resign, the Governor said: "I had been virtually unanimously advised by my friends and newspapers of the state not to resign." ' Resignation before the coming elec tion. It was pointed out, might mean succession by a Republican President of the State Senate Hotchklss to Oppose Payne. NEW YORK, Aug. 2. Chairman Wil liam H. Hotchklss, of the National Progressive party in New York State, announced today that William Gould, of Wayne County, would oppose Sereno Payne by running against him for Rep resentative to Congress on the third Daf Units t. Man, DTlvlrig Patrol Which Ran Ilown Citizen, Visibly Affected as He Tells of Hurry-Up Call Which Caused Fatal Injury. -ri.. D.i.man TimiBrlas E. Leisy, who was at the wheel of the police when the natrol struck Maurice N. Costello and injured him fatally Thursday night, did not exercise ouc precaution in attempting to pass the streetcar from which Costello was .tuhtinff hut that he was not crim inally responsible for the accident, was the verdict of a . Coronors jury iasi. evening. For over three hours yesterday after noon the Jury heard the testimony of witnesses to the accident, including ftie ,- rw officers who were in the police patrol, and two persons who had seen the acciceni irom i.ue once. t-.it r paiika Slnver. Cantain Moore and other officers had testified to the good previous record or ieisy, .eiay himself took the stand. He was visibly broken in spirit, and toward the latter part or nis examination tumu restrain the tears. . . Urol r? irfnr war nresent and questioned the witnesses on behalf m . l i ...).. th rfiereflKed. and Ol Hie iciaii'co v. Attorney A. Walter Wolfe appeared for the patrol onver. a iiuim u.uej..v in fmnr nf Patrolman Leisy was that in all his career of six years as patrol driver ror tne t-uhuc . i. -. A fha vaffon and of the mem, uum " 1 " automobile, he had never had an ac cident, and had never so mutu .u nixtosi r.rateh on anyone. In Its verdict the jury said: Dne Precaution Lacking, 4 that while the driver XIIO JUijr initio ...... of said patrol Is not criminally respon sible lor tne aeain ui uevco.-, . . v. . irivpr tfiiri not ex- Deneve tuiiL c-u " ' - - erclse due precaution in attempting to . . i I 1 .1 nf aalA par pass on tne ngni-imuu - while said car was coming to a stop. The accident occurred at Sacramento street and Union avenue. According . u .rtYiyinntnrR of the train. which consisted of two cars; Costello was struck almost immediately he alighted from the car. There was a discrepancy between the statements of the car conductors and . i - nrh.thap nr not Costello had attempted to cross the street. Botn conductors saia.' umi -"""'" "-; walked straight ahead. One said he had walked six or seven feet and an other that he had walked two or three steps before he was struck. Patrolman Leisy, however, said he walked about half way to the curbing and then turned back In apparent coniuai. Leisy Unaware of Injur?'. . t . i ,i . flpivA tn the ricrht of Costello and after he had struck him was not aware he nao. injurea nun ..ntn Informed so by Patrolman Blair, who sat next to him. testified the driver. A. E. Johnson, a ooy, wuu ji nn th. ciirhiner and wit- was bltuiuiiiB " . , , . , . nessed the accident, sided with the trainmen in saying tnai w"'" -.ir walked a few steps and had not attempted to retreat. As to whether the siren was blowing and regarding the speed the statements of the car crew and of the patrol force were at variance. . a. i hA heard no siren tne moiuiuiau, - when the car had stopped and that he heard it nrst wne.n tne emtiB'w aa v. Dtflp conductor of was buuuucu. " - the first car, said the speed of the pa trol was between sd auu , i i . ...oo ni-nhnhlv onlv a sec- nour anu L " "- , , ond before the collision that he heard the siren blow. J. (Jncnion, u'' eoiH that Althoueh he ot me ' . , , . saw the automobile coming a block away he heard no siren uniu juoi . iat Me estimated ths tore mo Bpeed at from 30 to 35 miles an hour. As to tne speea, an " - . i h. T7hlfiA. Pa trolmen ic.i wcio " t trolmen Leisy, Blair and Wellbrook, gave It at between is ana u..ic hm.r Johnson also placed the speed at 20 miles an hour. They were all posi tive that the siren naa oeen continuously from the time the patrol left the station until the accident, with the exception of a few Intervals that were not more than three seconds at the most. Weight was given their testimony by the statement of H. E. . - a -io i rtfrinf fnr t n a Fort- ji eaj , biov.u. - land Railway, Light & Power Company. Meade was going souxn on a tA that ha hoard the siren cycie Him wv tn.- of the automobile a long distance away and had stopped nis motorcycle .u.. the intention of turning - around and following It as soon as it came up. Chief Exonerates Leisy. After hearing the evidence Chief Slover exonerated Leisy of all blame. I am satisfied that the accident was .u.hi. and that the ba- an unttvuiuauio - -- - - - trolman was doing the best under the circumstances, i ao noi pruyuoo i i. any action against him," he said. Mayor Rushlight declared yesterday that he would be satisfied with the verdict of Chief Slover on the matter. . ...itminorr It was shown by Captain Riley, who Issued the orders for the patrol to go out. that the call was an emergent one, and that he had told the driver to make all haste. The call was to 1294 East Twenty-eighth street, where it was reported that W. E Reese was threatening murder. 'An excited voice called over the tel ephone and said that an officer was wanted right away. He said that a man was patroling np and down the sidewalk, threatening to shoot anyone that came near him, that his wife was under the bed and that the whole neighborhood was excited," said Cap tain Riley. , Patrolman Blair, who was at the desk when the first call came in, said he was convinced that they were going after a "desperate man. about to kill half of the neighborhood." Speed Judgment Expected. s Chief Slover testified that in emer gency cases he expected the officers to use their judgment as to speed. Orders that he had Issued- regulating speed did not apply in cases such as the one in question, he said. He com mended Leisy as a careful driver, and said that 20 or 21 miles an hour would not be an excessive speed under the circumstances. " Going in the same direction as the streetcar. Patrolman Letsy had been driving on the left-hand side, it was shown. When nearing the north bound car he noticed a streetcar com ing toward him and unable to pass to the left of It on account of an ob- - . i t that nnint. HllA to COn- struction work on a new building, he . . . . ; l. . star rted to cross io me !''. it - jpKta nn tha left hand side of the street where there is a car track .1-- 1. nlAor" aairl Tainv. " Ko T 1 1 lilt. WO,. to - . v ' - a time before the accident I was going between 20 and 25 miles an hour, but if PERSONALLY CONDUCTED GLACIER NATIONAL PARK Leave Portland August 7th, 7:00 P. M, via S. P. & S. Ey. Leave Portland August 8th, 12:15 A. M. via Seattle Special Standard Sleeping Car Leaves Seattle 9:00 A. M., August 8. Leaves Spokane 10:15 P. M. Returning Arrives Portland 7:45 P. M. August 21st A Delightful Two Weeks' Trip for Including Round Trip Ticket, Sleeping Car Berth and All Expenses in the Park. For detailed information apply to H. DICKSON, 0. P. & T. A., 122 Third Street, PORTLAND W. A. ROSS, A. G. P. A SEATTLE, WASH. GREAT NORTHERN RAILWAY when I approached the car from which Costello emerged, I am positive that my speed was not more than 20 miles. I was 60 feet behind the car when 1 started to cross over, and was sound ing my whistle continuously. "When I was only 20 feet away Cos tello got out and started to cross over toward the sidewalk. I turned the wheel to pass him to the left, but he HAtitntA! oftar hA wak about half way across and then turned hack. I then tried to pass him to the rlgnt. w nen I passed him 1 believed that I has missed him, and I said to Patrolman Blair: " 'Did I hit him?" " 'Yes, you'd better stop,' replied Blair, and I did so. We stopped a mo ment, and as soon as he was inside the store, in care of the doctor, we hastened on." Dr. J. D. Fenton, who attended Cos tello at the hospital, described the in juries. He died from a fracture of the skull, .testified Dr. Fenton. At the hospital he was unconscious, vomiting blood and evidently suffering great PaThe body of Mr. Costello is at the undertaking establishment of J. P. Finley & Son. Funeral arrangements have not yet been made. "KID" M'COY FREED ON BAIL Prizefighter's Attorney Attacks . Woman's Statements. LONDON. Aug. 2. "Kid" McCoy, the "American prizefighter, charged with larceny, said to have been committed at Ostend, was released on bail today, pending the arrival of papers from Belgium, when his case was brought up in the' court. McCoy's attorney argued that the only charge against his client was made in uncorroborated declara tions of a woman who had been ar rested as an accomplice of the real thieves. Many Americans were in court during the hearing Member or Lee's Starf Dies. SAN FRANCISCO, Aug. 2. General WHITE MOTOR TRUCKS are a striking example of the survival of the fittest. Just as Motor Trucks have, proved to be the most satisfactory method of commercial trans portation in practically every line of service, so White Trucks are proving the most efficient, economical and re liable among motor trucks. White Trucks'have set a high efficiency standard that makes them pre-eminent in the Motor-Truck world, and have shown Motor - Truck users what they should obtain In economy, durability and low cost of maintenance, that makes It impossible to satisfy them with any other means of delivery or transportation. WHITE CAR AGENCY, Portland, Or., Sixth Street, at Madison. Your Family's , Health! Without a cent of extra cost, you can have the kind of sewer pipe in Port land streets that won't disintegrate and pour out deadly fumes; and' it is made at home, too Port land Glazed Cement Pipe.. EXCURSION TO S John M. Baldwin, one of California's earliest pioneers and a member of the personal staff of General Lee during VIEW Own a homesite in the country', yet near to the city. View Acres are on the Oregon City Electric, about half way between Portland and Oregon City. A wonderful view, taking in both Portland and Oregon City. A place where you can build you a home and live in comfort. Call, phone or write for map and price list. Northwestern Trust Company 2d FI. Wilcox Bid. Phones Main 351 7-A 7340 The ideal entertainer Of all the purchases you ever made, none ever brought so much pleasure into your home as the Victor-Victrola. Enjoyed by young and old gires every one the kind of music he or she likes best. And there's no better time than sT0W to get your Victor-Victrola. We will deliver any stjie of Victrola to your home on approval. Then, if you wish, Pay Only $1.00 Down and $1.00 Per Week I STORE OPEN TONIGHT Morrison Street at Seventh fcgfei Two Sunday Specials at the price of ordinary ice cream. Pure Cream Peach Ice Cream the delicious crushed, fresh fruit. A rare treat. Also our famous Apricot Sherbet. Just for Sunday at these prices. 60 cents quart, 2 quarts $1.00; bricks, 73 cents quart, two quarts $1.20. 169 FOURTH STREET ' the Civil War, died today at the home of his sister-in-law. Mrs. Janet Bald win. He was 83 years old. ACRES PHONES MAIN 764 A 22T6