Evening star. [volume] (Washington, D.C.) 1854-1972, 1890-04-03
AGAINST MONOPOLfES.
Full Text OF the Substitute for the
Sherman nti-Trust Bill.

Following is the text of the substitute for the
! Sherman antitrust bill reported by the Senate
| committee on the judiciary:
Section /. Every contract, combination in
the form OF trust or otherwise or conspiracy in
restraint Of trade or commerce among the sew
eral states or with foreign nations is hereby
declared to be illegal Every person who shall
make any such contract or engage In any such
combination or conspiracy shalt be deemed
guilty Of a misdemeanor and on conviction
thereof shall be punished by fine not exceed
ing $4,000 or by imprisonment not exceeding
one year, or by both said punshments in the
discretion Of the court.
Section 2. Every person who shall monopo-
lie or attempt to monopolize or combine or
conspire with any other person or persons to
monopoliZe any part of the trade or commerce
among the several states or with foreign ma
tons shall be deemed guilty of a u1isdemeanor
and Oh conviction thereof shall be punished by
fine not exceeding 5000 or by Imprisonment
not exceeding one year. or by both said pun
ishments in the discretion OF the court
Section 3. Every contract, combination in
form OF trust or otherwise, or conspiracy, in
restraint OF trade or commerce in any terri
tory of the United States or Of the District of
Columbia, or in restraint OF trade or commerce
between any such territory and another, or be-
tween any such territory or territories and any
state or states or the District of CO.
lnmoia, or with foreign nations or be-
tween the District Of Columbia and
any state or states or foreign nations is hereby
declared illegal Every person who shall make
any such contract or engage in any such COM
blnation or conspiracy shall be deemed guilty
OF mlsdemeanor and on conviction thereof
shall be punished by fine not exceeding
$4,000, or by imprisonment not exceeding one
year, or by both said punshments IL the dis
cretion of the court.
Section 4. The several circuit courts of the
United States are hereby invested with juris-
dlction to prevent and restrain violations of
this act; and it shall be the duty OF the several
district attorneys of the United States in their
respective districts, under the direction of the
Attorney General, to institute proceedings in
equity to prevent and restrain such violations.
such proceedings may be by way Of petition
setting forth the case and praying that such
violation shall be enjoined or otherwise pro-
hlbited. When the parties complained of shall
have been duly notified of such petition the
court shall proceed as soon may be to the
hearing and determination of the case; and,
pending such petition and before final decree,
the court may at any time make such tempo
rary restraining order prohibition as shall
be deemed just in the premises.
Section 5. Whenever it shall appear to the
court before which any proceeding under sec
ton Of this act may be pending that the ends
OF justice require that other parties should be
brought before the court the court may cause
them to be summoned, whether they reside in
the district in which the court is held or not,
and subpmnas to that end may be served in
any district by the marshal thereof
Section 6. Any property owned under any
contract or by any combination. or pursuant to
any conspiracy (and being the subject thereof.
mentioned in section l of this act. and being in
the course of transportation from one state
INTO another or to a foreign country, shall be
forfeited to the United States and may be
seized and condemned by like proceedings as
those provided by law for the forfeiture, seiz-
ure and condemnation of property imported
into the United States contrary to law.
Section Z. Any person who shall be injured
in his business or property by any other per-
son or corporation by reason OF anything for
hidden or declared to be unlawful by this act
may sue therefore in any circuit court OF the
United States In the district in which the de-
PENDANT resides or is found. without respect to
the amount in controversy, three-fold the DAM
ages by him sustained and the costs of suit, in
Guiding reasonable attorneys fee.
Section 8. That the word person" or .'per-
sons wherever used in this act shall be deemed
to include corporations and associations exist
ing under or authorized by the laws of either
the United States, the laws of any of the terri
tories, the laws of any state or the laws OF any
foreign country.
The title of the bill is amended to read: "a
bill to protect trade and commerce against un-
lawful restraints and monopolies''