Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1890-03-25
NATIONS CAPITAL.
Antitrust Bill Before the
Senate
Stlsl9 PeiltS nals leal1 trusts and
ConbiHati0s.
Worlds Pair Bill to b considsEsd
Todav


and you'd be RENTED to congressional &C
ton to avoid the eternal dissonance o
Judgments and decisions Of forty or 6f,
state tribunals Of last resort Therefore
he would not indulge in structures on tn
pending bill. He vas too favorable in
clined TO its main purposes to do. He be
neved Congress had the same power I.
regulate interstate commerce that State
had TO regulate commerce within their owl
lines.
Push said in the main be fully endorse,
Turpie's remarks.
An amendment was offered by Reagan
it being his anti trust bin. which was ths
fret question TO be voted on.
George said he regarded the amendmen n,
as be did the bill, utterly without warrant
| in the constitution.
Teller said he was in full sympathy with
the object Of the bill. The only question
vas how trusts and combinations could be
controlled. In his own judgment il was
the States who were the most proper to
control them. # had Just been ested
to him. suppose the trusts control the
States" He did not know but what they
we're more liable to control the States
than to control Congress. He was in
elined to vote for the bill, although he
doubted very much whether any bene fit
would be derived from Is. Unless the Ststes
suppressed those trusts by limiting the
amount Of capital that can be aggre gated
in any corporation, the trouble would con-
tinue. The bill. he said, would apply to
the Farmers Alliance and the National
Farmers League. which were organize
with the avowed purpose Of increasing the
prices of farm produce. thing that he
regarded as most desirable and absolutely
essential to the prosperity OF the country.
George referred to the knights of Labor as
an organization that could come within the
scope of the bill. because the object of the
order was to increase the wages, and con
sequently increase the cost Of production.
Teller suggested to the committee which
reported the bill whether it could not be so
worded ~ to contine it 70 trusts offensive
to good morals.
Reagan remarked the fret necessity was
to strike down trusts and combinations
which gave life to the Knights Of Labor or
trade unions.
The discussion drif,ed from Reagan's
amendment to that offered by Ingalls,.
(Aime d 1t dealers in futures and options
Sherman opposed it - not in harmony
With the bill, ~ referring to an entirely
different mrtter, As proposing . tax (Which
could not originate in the Senate), and As
not having been considered by the commit
tee. He also opposed ReagAn's amend.
ment (Which had not been onsidered BY
the committee). and pleaded for the pas
sage of the bill as reported from the finance
committee.
go, ..fa,,ad hi. .uc-.,
,ha to,na.,;a ecsEVu.,.
7, .sanad 20 ~, NJ .., = ooeV.
o;v;l;..,;an ;,.ale IT, reu.. e,h OF
,,isi n cbecL than 60, hnnd.ad. p.yp's nHu
b,, I'D sn,lIv com. IN m. oana,...,
leyi.l.,;on an .II .uch .rh;o,.. .,,,',' "A'
,.,ded ,rsde and ,he,s ~n,,,d h
,e.ui, in ,h;. co,,,,y 70. FL .,,, ne 'Hme
,t,em,,ed Tho n.ndrn KIN
vopld ba p.,ticuIsrlv onn,a..;v. .. .I
.trugoliny ma.se, MAKING comh;n.,;" e
,..ist accumulated v..i5 IL al "a
.nv warrant in tho .nn.t;,n,;n, .h;at -
~on,d ne,mit ns,.ecu,,o, n, ,h. g.
NJ Ioxs n, K.n,., ~ho ,omh,nad - LEI,
h,ck com nn,,I n,;ce. w.,a ha..s "u
,eg.,aed a.. IN. wo,., .,or,h;na,, =.
coun,rv tb.t vhcb max. n,nnar
The I.bo, ory.niza,;on. VOC ja,n.na;. 4
leo;.ls,ion ~berebv Tho mona, ~ -
in The country wonIl ba in n,ono,.;a.
the nonula ion and bu.in,, ~
Rlair opno.ed Iny.lI,.mandror.
;ny ,eallv the legsliz.,io a, I;can.;a
uambling in ..futnre." n tho cnnd;,;n ~
oayiuv a high tsx. y,
Uosr criticised the bl in .om. .. l..
legal ..nec,. and cI.ind ,h., /, .;
AFFORD sny adequate rerdv.
Sherman said here v, !. remedv fo,
greater wrong than any, ,h., wor,d o.,,.
from a Low tariff Corir.,;o,. ~ -
made involving a capn of "a Ioo 600 ~
some States c"urt end,vo,;ng ~ v,o.,ia
vi,h them. The remeAxould ,ava,a
he ..;d from, tho cl,.,f mar an.I.
sucb monopolie,. Heb, AEON ,ha a,.ar.i .n u.
growth of these comi ,tion. and 80
that their mower vas .,vino .,o.,a, ~
greater and stranger nd .,,onaa, re-
Conu,es, va, impatient n ds.i r;,h ,,..
evil II il could not pr,ribe .nv,h;n. hn,
ou.ck medicine i, WON, n,ovs ;;.ais 49, D.'
!, nnf,,ed 10 perforr r.. du,;s. IT. Tho
farmers association th,ghout tho CON-
trv demanded a remed,,nd ,he;, dan,.na G
had IN be heard. Tbeova, ~ rona.a I
va, the only power III coula de.i v;,h
these corpor.tions. Wv" .
George .sked Sbe,m xb.,bs, S,.nda t
Oil v,s NOT . co,por.tnndsr Tho
state could not .nnul i,b.,,s,
sherman replied tbsne S,.nd.,d o1t
comn.ny originally org.es viii . moa..,
c.nit.l of s20O OO0 nove,e vs,s AZ 20 (,
comn.nie. Of other Ststomh;nad LII !, \