President Urges Broad Reforms to Congress on Antitrust and Labor
The president calls for amending the Sherman Act to permit public-interest combinations under strong federal oversight. He urges publicity, rate and securities control for railroads and interstate firms, wageworker protections, child labor limits, and expansion of pensions, taxes, and postal savings banks. He also stresses forest conservation, inland waterways, education, and stronger naval and army reforms.
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