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Law would, of course, have to be repealed.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 inter- 
ests 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 sud- 
den, 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 sugges- 
tion 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 incen- 
tive of a great war in order that it might be true. If a suf- 
ficiently 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.