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We must have an over-all antimonopoly policy which can be applied by all agencies of the Government in exercising the functions assigned to them a policy designed to encourage the formation and growth of new and freely competitive enterprises.
I also hope before this session is over to transmit to the Congress a series of proposals to strengthen the antimonopoly laws, to assist small business, and to encourage the growth of new enterprises. In the case of labor, free collective bargaining must be protected and encouraged. Collective bargaining is not only a fundamental economic freedom for labor.
During the war, enforcement of antimonopoly laws was suspended in a number of fields. The Government must now take major steps not only to maintain enforcement of antitrust laws but to encourage new and competing enterprises in every way. The deferred demand of the war years and the large accumulations of liquid assets provide ample incentive for expansion.
In spite of this later limitation upon the power of the States, the Granger decisions have furnished the legal basis for state regulation of railroads down to the present day. They are the most significant achievements of the antimonopoly movement of the seventies. * 134 United States Reports, 418.
During the war, enforcement of antimonopoly laws was suspended in a number of fields. The Government must now take major steps not only to maintain enforcement of antitrust laws but to encourage new and competing enterprises in every way. The deferred demand of the war years and the large accumulations of liquid assets provide ample incentive for expansion.
We must have an over-all antimonopoly policy which can be applied by all agencies of the Government in exercising the functions assigned to them a policy designed to encourage the formation and growth of new and freely competitive enterprises.
I also hope before this session is over to transmit to the Congress a series of proposals to strengthen the antimonopoly laws, to assist small business, and to encourage the growth of new enterprises. In the case of labor, free collective bargaining must be protected and encouraged. Collective bargaining is not only a fundamental economic freedom for labor.
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