US Presidency
1908

Within, say, sixty days of the filing which period could be extended by order of the Department whenever for any reason it did not give the Department sufficient time for a thorough examination the executive department having power might forbid the contract, which would then become subject to the provisions of the hotbed law, if at all in restraint of trade. If no such prohibition was issued, the contract would then only be liable to attack on the ground that it constituted an unreasonable restraint of trade. Whenever the period of filing had passed without any such prohibition, the contracts or combinations could be disapproved or forbidden only after notice and hearing with a reasonable provision for summary review on appeal by the courts. Labor organizations, farmers ' organizations, and other organizations not organized for purposes of profit, should be allowed to register under the law by giving the location of the head office, the charter and overbearing, and the names and addresses of their principal officers.