The Roanoke times. (Roanoke, Va.) 1897-1977, 1897-07-04
TRUSTS TO
Be REGULATED.
An Antitrust Bill Presented to
the Senate.
SENATOR THURsToN THE PATRON
OF A BILL THAT PROVIDES A
MAXIMUM PENALTY OF A FINE
OF TEN THOUSAND DOLLARS
AND IMPRISONMENT FOR FIVE
YEARS-TEXT OF THE BILL.

Washington, July Ex-senator Thurs
ton to-day introduce as separate bill
the provision prepared rs au amendment
to the tariff bill by the judiciary commit
tee, to prohibit trusts. The amendment
was based upon suggestion made by
Senator Nelson, but was perfected by n
sub committee consisting of Senators
Thurston, Davis and Spooner. The bill in
part IL as follows:
or corporation which shall monopolize or
engross, or attempt to monopolize or en-
gross, or which shall combine or conspre
with any PERSON, firm, association or cor.
poration to monopoliZe or engroSs the
trade or commerce in any commodity,
product or manufacture OF any kind,
among the several States or with foreign
nations: for the purpose of unduly en-.
HANGING, affecting or controlling the
price of such commodity, product or
manufacture TO the consumers of this
country, shall be deemed guilty of mis-
demeanor and, on convection thereof,
shall be punished by fine of not more
than 900 and byimprisonmenta at hard
labor not more than five years. Any per.
son who shall aid, abet, assist, counsel or
advise any corporation of which he is an
officer, agent, stakeholder or employe
to violate the provisions of this act
be deemed guilty of misdemeanor and,
on conviction of said offense, shall shall
be liable to the punishment aforesaid.
"Section BIT shall be Sufficient in the
Indictment to describe the offense in the
language of this statute, and the fact
that any such person, firm, association or
corporation engaged in trade or COM
MERGE among the several States or with
foreign nations i'll any commodity. pro-
duct or manufacture, and so proceeded
against as either directly or through fac
tors or agents, refused to sell any such
commodity, product or manufacture to
any person, firm, association dealer or
corporation at che same general price and
upon the same general terms required
from other purchasers under similar cir
cumstanceS, or has refused to SO sell
otherwise than upon conditions limiting
or restricting The disposition thereof by
the purchaser shall be deemed prima
facie evidence of monopolizing or at
tempting to monopolize, or of engrossiug
or attempting to engross the trade or
commerce therein among the several
States Or with foreign nations, as set
forth and charged in any court of such
Indictment.
"Section 3.-The several circuit courts
of the United States are hereby invested
with jurisdiction to prevent and restrain
violations of this law, and it shall be the
duty of the several district attorneys of
the Unite Estates in their respective dis
tricts, under the direction of the attorney
general, to institute proceedings in
equity to prevent and restrain such vio-
iations. Such proceedings may he by way
of petition setting forth the case and
praying that such violation shall be en-
Joined or otherwise prohibited. When
the parties complained of shall have been
duly notified of such petition the court
shall proceed as soon as 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 temporary restraining order
or prohibition as shall be deemed Just in