Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1899-05-14
They Simpl, Define What Consti-
tutes MOnOpolies and Make
Other Regulations.
VOTE ON THE BILL
ALMOST UNANIMOUS.
II Goes Through by a Vote Of 100 to
3-Will Not Go Into Effect Until
Jan. 81, i9OO-Senate Agrees
10 Adjournment.

Austin, May l5.-The senate antitrust
bill passed the house yesterday by the
unprecedented majority Of 100 TO g.
There were several amendments made
to the bill, but they were all in the ma.
ture Of making the measure more far
reaching that is TO say, 10 cover such
enterprises and business as were the
eliminating Of combination.
The senate had done about ali that
could be done in the wry Of defining
and determining punishment for such
combinations as were organized to sup
press competition and but little in that
line was left for the house to do
However, II turned il attention te tho
resultant trusts or combination Of trusts.
towit the monopolies.
The definition Of monopoly ~ set out
in bill or a substitute offered by Rep
resentative Wooten on the last day. was
adopted by the house as an amendment
10 the senate bill Having the animal
captured and named. the brand was
placed ON 1t TO signify that II was AZ
dangerous AS trusts and the like
Representative Thomas had in an
amendment at this time which prevent.
ed underselling where the purpose was
10 destroy competition and Representa-.
tive Prince and he pooled ideas on this
matter and offered an amendment GOV.
ering the idea Of Thomas an at the same
time providing that cash transaction.
in goods Of trust and monopolies Were
unlawful and recovery Of the cash paid
could be had by law.
Representative Smith of Grayson Of
fered an amendment 10 the effect thai
suit for debts incurred in purchasing
the goods or products Of trusts and mo
nopolies were prohibited This wa
adopted with enthusiasm. Then IL oc
CURED TO the legislative mind that thii
would put dealings with trusts and mo
nopolies on a cash basis
An effort was made but failed. TO re
lieye the bill Of the amendment adopte,
in the senate, and which In effect de
nounced the Associated Press as mo
nopoly and subject 10 the pains an.
penalties imposed on mopololies
The resolution offered by Mr.. Wootei
and adopted is as follows:
Section Ia A monopoly Is any unioi
or combination or consolidation or aiili
alton Of capital, credit. property, assets
trade. custom. skill or acts. or Of an,
other valuable thing or possession by o
between persons, firms or corporation
or associations Of persons, firms or cor
porations, whereby any one Of the pur
poses or objects mentioned in this act 1
accomplished or sought 20 be- accom-
plished, or whereby any one or more o
said purposes are promoted or attempt
ed 10 be- executed or carried ont. o
whereby the several results describe,
herein are reasonably calculated 20 b
produced, and monopoly. a. thus De
fined and contemplated includes no
merely such combinations by and b.
tween two or more persons, firms OF cor
porations acting for themselves but 1
especially defined and intended 10 in
clude all aggregations, amalgamations
affiliations, cancellations or incorpora
J tons, Of capital, credit. assets property
custom. trade brother valuable thing o
possession. whether affected by the OF
binary methods Of partnership or by nc
tual union under legal form Of corps
ration or an incorporated body resulting
from the union Of one or more distinc
firms or corporations and all corporation
or partnerships or by the purchase. &C
QUESTION or control of shares or certif
Gates of stock, or bonds, OF other corpC
rate assets or franchises, may be- create
by the consolidation or amalgamatio
Of the separate capital, assets credit
properties customs trade or corporal
or firm belongings Of two or more firm
or corporations or companies are specif
cally declared 10 constitute monopolio
within the meaning OF the act. II +
created or entered into for any one o
more If the purposes named in this act
The resolu ion by Mr. Thomas. whicl
was adopted reads:
Section pa II any person, person,
company, partnership. association. col
poraion OF agent. engaged In the man
ufacture or sale Of any article of CON
merce or consumption produced manu-
featured or mined In this state a
elsewhere, shall with the intent or pun
pose of driving ont competition or ia
the purpose Of financially iniuring con
petitors. sell within this state ~ lc.
than cost of manufacture or productio
OF sell IN such way 20 give away With
this state their products for the purpos
OF driving out competition or iinanc