United States or Niger ? Vote for the TOP Country of the Week !
The demand which it was now urging upon its friends in office was the long standing one for the exemption of labor unions from the operation of the anti-trust legislation and for the reduction to a minimum of interference by Federal Courts in labor disputes through injunction proceedings.
The jurisdiction of the General Government over interstate commerce has led to the passage of the so-called "Sherman Anti-trust Law" and the "Interstate Commerce Law" and its amendments. The developments in the operation of those laws, as shown by indictments, trials, judicial decisions, and other sources of information, call for a discussion and some suggestions as to amendments.
In the congressional campaign of 1902, ex-Speaker Henderson, of Iowa, a stanch protectionist, withdrew from public life, as was supposed, rather than misrepresent himself by acceding to tariff reform or his constituents by opposing it. Mr. Roosevelt signalized his accession by an effort to make the federal anti-trust law something more than a cumberer of the statute-book.
Great statutes have been passed the anti-trust law, the interstate commerce law, the statutes against the use of contributions from corporations in politics, the statutes requiring the showing of the electoral expenses, have all been brought about in response to a popular demand.
The railways of the country should be put completely under the Interstate Commerce Commission and removed from the domain of the anti-trust law. The power of the Commission should be made thoroughgoing, so that it could exercise complete supervision and control over the issue of securities as well as over the raising and lowering of rates. As regards rates, at least, this power should be summary.
There has hardly a year passed since without a good many statutes aimed against trusts, though they have shown a tendency to decrease of late years, and it is especially noticeable that anti-trust legislation is apt to cease entirely in the years following a panic, as if legislatures had learned the lesson that too much interference is destructive of business prosperity; I find that by 1908 just about half the States had embodied a prohibition of trusts in their organic law.
Our anti-trust laws are thought by some to make it illegal for merchants in the United States to form combinations for the purpose of strengthening themselves in taking advantage of the opportunities of foreign trade.
They have taken him out of the service of a soulless Company and put him in the position of leader of a million miners. The Syndicate Incorporates. From the hour that Trueman was selected as a delegate to the great Anti-Trust Conference to convene in the city of Chicago, he has devoted his hours, day and night, to study.
As Circuit judge Noyes said in his judgment approving the decree: "The extent to which it has been necessary to tear apart this combination and force it into new forms with the attendant burdens ought to demonstrate that the Federal anti-trust statute is a drastic statute which accomplishes effective results; which so long as it stands on the statute books must be obeyed, and which can not be disobeyed without incurring far-reaching penalties.
I at once began to urge upon Congress the need of laws supplementing the Anti-Trust Law for this law struck at all big business, good and bad, alike, and as the event proved was very inefficient in checking bad big business, and yet was a constant threat against decent business men.
Word Of The Day