CONSTRUCTIVE REMEDIES NEEDED 257

development along most constructive lines. The Anti-Trust
Law would, of course, have to be repealed.
Mr. Rush C. Butler, a national authority on interstate
commerce law, and Chairman of the Commerce Committee
of the American Bar Association, approved the proposed
plan in principle. He wrote, in part, as follows :?
Mr. Javits’ article shows him to be an economist as well
as a lawyer. The Sherman Law is economic legislation.
There can be no remedy for existing Sherman Law evils
until Congress realizes this fact. . . .
The contact of business with government should be through
a friendly agency, such as the railroads enjoy through the
Interstate Commerce Commission, the agriculturists and
packers through the Secretary of Agriculture, the banks
through the Federal Reserve Board, and the shipping interests
 through the Shipping Board.
Mr. Daniel Willard, President of the Baltimore and
Ohio Railroad, gave his sanction in principle, but thought
the coordination policy for industry should be permitted
lo develop in a deliberate and orderly way, without sudden,
 ill-considered action either by industry or by the
government. He said?
I approve in principle of all Mr. Javits said concerning the
desirability of cooperation. Whether his one definite suggestion
 about enlargement of the Federal Trade Board marks
the first definite step to be taken or not, I am not sure. As
a matter of fact the railroads have probably been doing a
great deal more in the way of cooperation since the war than
's generally recognized or understood. . . .
What Mr. Javits said concerning the operation of the War
Board during the war is quite true, but it required the incentive
 of a great war in order that it might be true. If a sufficiently
 strong incentive could be recognized or developed in
peace times, I have no doubt that cooperation such as was

Forbes Magazine, July 16, 1928-—p. 24.