The advocate and Topeka tribune., 1893-06-14
where. The Rosewater lickspittle
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Whereas, Combinations in restraint of
trade and the free exercise Of personal
rights have been by the courts of this coun-
try declared to be dangerous, unlawful and
void as against public policy; and
Whereas, II is apparent chat legislation
seeking the suppression Of such combina-
lions is not yet complete and efficient, and
the execution Of existing laws is in many
cases ASgrantly neglected:
Resolved, That it is the sense of this CON-
Vention that the state and federal leRisls-
lures upon careful investigation of griev-
ances and remedies should enact new and
more stringent laws and amend old ones
looking TO the complete extinotion of un-
lawful combinations destroying competi-
tion in production or exchange.
Resolved, That we recommend TO the
Legislatures Of the respective states that they
enact such legislation as will make il un-
lawful for any corporation to enter into any
trust or combination detrimental TO trade
and commerce and injurious to the public
welfare, land work forfeiture of the charter
or corporate franchises Of domestic inCor-
porations, and denying to foreign or non
resident corporations comfy between states,
or the right to transact the business of the
states into which such corporations may
attempt to come.
Resolved, That it is the sense Of this GEN.
VentlOn that the faithful and efficient execu-
tion Of the laws be imperatively enjoined
upOn the executive officers of the state and
nation, and that the failure Of any officer in
his duty in this behalf should be attended
by the severest legal penalties; that we de-
mand that the attorney general of the
United States proceed to enforce the laws
Of the United States now on the statute
books against trusts and illegal combina-
lions, and we demand that congress shall
enact such additional laws against trusts
and combinations that control production
and prices Of commodities as may be found
necessary for their suppression.
Resolved, That il is the sense of this con-
ventlon that il create permanent assooia-
tion, to be known as the antitrust assooia-
tion of the United States, consisting of
three representatives from each state and
territory, to advance the interests of the
purposes hereinbefore suggested, and that
We recommend the organization of an anti
trust association in each state and territory
for the purpose of aiding such national
association in securing uniform legislation
and the rigid execution of laws for the most
speedy suppression and final eradication of
said trusts and combinations.
Resolved, That il is the sense Of this con-
vention that two standing committees
should be appointed to act as executive
branches of said national association as
soon as the same is organized; that each Of
said committees should be composed Of one
representative from each state and territory,
the first Of said committees to be known as
the national committee on anti. trust legis-
lation and which shall have in charge the
matter Of federal legislation, and the second
Of said committees to be known as the COM
mittee on antitrust law enforcement,
which shall have in charge the duty of Sc
curing the prompt and efficient execution
Of all antitrust and monopoly laws.
Resolved, That the over capitalization of
corporate property is largely responsible
for the breaking down of credits and the
financial distress that now prevails in this |
country, We, therefore, recommend strin-
gent national and state legislation and su-
pervision TO limit the bonding of corporate
property, and the issue of stocks represent
ing the same to actual values, and no in
crease of bonds or stocks by existing corpo-
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