Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 20, 2025
The persons accused were Von Rintelen himself, though a prisoner in England; Frank Buchanan, a member of Congress; H. Robert Fowler, a former representative; Jacob C. Taylor, president of the organization; David Lamar, who previously had gained notoriety for impersonating a congressman in order to obtain money and known as the "Wolf of Wall Street," and two others, named Martin and Schulties, active in the Labor Peace Council and connected with a body called the Antitrust League.
The prosecution of trusts under the Sherman antitrust law has gone on without restraint or diminution, and decrees similar to those entered in the Standard Oil and the Tobacco cases have been entered in other suits, like the suits against the Powder Trust and the Bathtub Trust.
To this purpose, we should strengthen our antitrust laws by closing those loopholes that permit monopolistic mergers and consolidations. Our national farm program should be improved-not only in the interest of the farmers, but for the lasting prosperity of the whole Nation. Our goals should be abundant farm production and parity income for agriculture.
I therefore suggest that an inquiry be directed especially to the effect of the workings of the antitrust laws in these particular fields to determine if these evils can be remedied without sacrifice of the fundamental purpose of these laws.
In my message of a year ago I commented on the necessity of congressional inquiry into the economic action of the antitrust laws. There is wide conviction that some change should be made especially in the procedure under these laws. I do not favor their repeal. Such action would open wide the door to price fixing, monopoly, and destruction of healthy competition.
I have submitted concrete plans in each of these areas, not to help this or that industry, but to foster competition and to bring prices down for the consumer. This administration, in addition, will strictly enforce the Federal antitrust laws for the very same purposes.
I have submitted concrete plans in each of these areas, not to help this or that industry, but to foster competition and to bring prices down for the consumer. This administration, in addition, will strictly enforce the Federal antitrust laws for the very same purposes.
I have already recommended as an aid in this matter legislation which would declare unlawful certain well-known phases of unfair competition in interstate trade, and I have also advocated voluntary national incorporation for the larger industrial enterprises, with provision for a closer supervision by the Bureau of Corporations, or a board appointed for the purpose, so as to make more certain compliance with the antitrust law on the one hand and to give greater security to the stockholders against possible prosecutions on the other.
If it prove impossible to accomplish the purposes above set forth by such a law, then, assuredly, we should not shrink from amending the Constitution so as to secure beyond peradventure the power sought. The Congress has not heretofore made any appropriation for the better enforcement of the antitrust law as it now stands.
If it prove impossible to accomplish the purposes above set forth by such a law, then, assuredly, we should not shrink from amending the Constitution so as to secure beyond peradventure the power sought. The Congress has not heretofore made any appropriation for the better enforcement of the antitrust law as it now stands.
Word Of The Day
Others Looking