The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1896-02-11

TRUSTS ASSAILED.
Resolutions and Bills at
Trenton to Check the
Coal Combine.
MR.. ALIENS DRASTIC MEASURE
Wants to Make All Business Com
binations Criminal Con-
spiracies.
Speeiol to the Jersey City Neaus.

coHppiHdlloh OF coal barOnS in New York
was attacked on all sides in the AS
sembly last night. The first gun was
| fired by Mr. Hogan of Newark, who in
troduced these resolutions:
| Whereas, 1t has been stated by the
| press and is a matter of public notoriety
that certain corporations transacting
business in this State as common car
| blnation for the purpose of advancing
| the rates for the transportation of coal,
| and thereby increasing the price thereof
| TO the consumers.
! Whereas, Such combination is against
/ public policy. against freedom of trade,
against Justice, and tax upon the
State. according to decision rendered
/ by the Chancellor at the term Of court
held in May, 1892. and constitute a. will
| full abuse of the powers and franchises
| granted to said corporations. therefore.
| be it
Resolved, That the Attorney General of
this state be and is hereby directed to
examine into and investigate the afore-
/ said charges and ascertain whether such
unlawful combination or conspiracy ex-
lists. or is about to be formed; to sum-
| mon and examine witnesses, require the
| production of books and papers in the
| conduct of said investigation, and to in
against corporations or individuals as
/ the facts developed upon said investiga-
ton may Justify also to + transmit to
| ings had and evidence taken by him as
aforesaid; and
Resolved, further, That if in the
| tional legislation is necessary to enable
| him properly to conduct said investiga-
ea he snail ogePe rPert wb that fact to h
| of the nature and the character of the
| legislation required for one or all the pur-
| poses aforesaid.
Mr.. Bullock followed Mr.. Hogan's
resolution last night with another in
| IL 4l..,%
| it provided for a committee of three
members to look into the doings of the
alleged coal combine and then formulate
N2me plan of action to be taken, so
that some proper punishment may be
melted out to the corporations that have
| offended against the law by entering
| into combination to raise the price of
coal; the committee to report to the
House not later than Monsay evening,
February 26.
Before the Clerk got half way through
Mr. Buliock's motion, Mr.. Lloyd of Cam
! den moved that the further reading of
the resolutions be suspended and they
be referred to the Committee on Rail-
roads and Canals.
| Mr.. Bullock protested strongly against
| the motion. He said his resolution called
for the appointment of a committee, and
ifsne rnaugsse tisess geafisa1aa slaeuias all
until ii was read. He. would like to hear
it acted upon at once.
Mr.. Robertson, the crafty leader of the
majority, did not propose to let any such
resolution as that get through the House
and he said the gentleman from Passaic
Mr. Bullock, must not suppose that the
members were going to discuss or vote on
an inportan resolution like that without
having time to carefully consider it.
oe ,s 49, ,aa,1o taa - ola,,aa
with this corporation Legislature and
the resolutions went to the committee
uhara +ta,, u,i,l rost ~ ,a.oa
We 10y w. - - peaee
MI. Allen, OF HopoKen, nfed Dreau-
side into the combine with a bill which
owens r,i+b +ha fo,,an,;n. san,a1rhat
opens W. 'ne ioo"'"e 'oiAe " A-e'
All trusts. pools. contracts. arrange
,,an+s ~ oe,,,,;,,o+ia,,. ,,ox,, ax,;et;,, -
- 10 .toii' ~" VI
hereafter maue between persons or cor
pOratiOnS, or between any person or per-
sons and one or more corporations, made
with view, or which tend to prevent
fun and free competition in the produc-
ton; manufacture or sale OF any article
OF domestic growth, production or manu-.
facture, or IN the importation or sale OF
any arIlcle grown produced or manu-
factnred IN any other State or country,
or Whlch are designed 70 tend TO hx,
Iesuidle, lliiht OF reuuce the prouuclion
manufacture or sale, or to fix, regulate
increase or reduce the price of any article
OF CROWN, proauctlon or manufacture,
or which are designed or tend in any way
to create monopoly, are hereby declared
conspiracies to defraud, to be unlawful,
against public policy and void.
The record section makes it a high
ting from $1,000 to $4,000 and imprisor-
nent from two to five years, to be,
whether on ones own account or as at
torney for another, an officer, agent or
stocAholder of any corporation concerned
in pool or trust
holder in a pool or trust Jointly and
seyerally liable TO nav All thn deh1s
obligations and liabilities Of each .nd av,
ery person and corporatjon that nav no
came or contfnl1e a mer,har tberaass 80
nected therewith or cnnnarnad tbeDa;,, eTa,
fnliv as IF II uuere ,,srtaars i, M ei, -
Hon of smoh az de,5s ~ rne Grea
;tias y e-A aeD.S' oo'ts'eio1s ~ aiiu Aisoh-
Sac+ion 4 ,,rovidas for +ha foueo,4,,a
tbe cha af a,s o,a eiio AZ, onieisuae u
IN noo Or trnsf tba pUa G
GERS GERS ed OF Inc several counties to initiate
ptSScesolngs. Sesia ,,,to
o9celou ploViues INA. IN any actlon
~ ~ laM VI e4uiiy tne oeIence may 9leaC
as aise par OF IN aoatement tnat the plain
ia14 III or any otner person or corporation
IS member or connected with, and the
cause OF acton grows out of some bus-
ness or transaction with such trust,
pool, contract, agreement, arrangement
or combina tion. as described in rhe first
Section sets forth that any one hold
ing himself injured by a pool or trust NAV
sue for double the amount of damage 50