The Washington weekly post., 1900-04-17
Subcommittee On Trusts Of
fers Plans Of Legislation.
A CONSTITUTIONAL AMENDMENT
Proposals thar Congress Re Given Fall
Power 70 Deal with Trusts. and that
several Extensions Of the Sherman Acr
BE Made, Were Agreed Upon and viii BE
Soon Presented 10 the House Judiciary
Committee-Chairman Rays Statement.

L INO AlrdsuECS O.stClcu dEdlDSI
were determined upon yesterday by the
special subcommittee on trusts OF the
House Judiciary Committee. The special
subcommittee has spent many days ex-
amining the various remedies proposed,
and the conferences were not concluded
until a late hour yesterday. As agreed
upon. the remedy Is two-fold. namely. a
constitutional amendment giving Con-
gress fun power to deal with trusts, and
new antitrust law, making the follow
ing extensions to the Sherman act:
Ffrst-Requlrfng the branding or marking Of
trust-made goods shipped Of State SO as to be
easily Identified as the product OF trust
Seco1d-Prohbitiug the interstate ,raac o, trust
maae goods not 50 branded. and making them sub
Ject 10 seizure and condemnation.
inFe-kequiring corporations having a capital
over 100000 or doing an annual business Of
go TO file report Of their affairs with the
Secretary Of State
feurtn-Frevidins the process Of injunction
against combinations sending trst-nsde goods from
state to State to foreign countries.
fifts-Prohibtins the use of the mails to concerns
ana tneir omeials proven to be trusts
Judge Ray, of New York. chairman of
the Judiciary Committee, and of the sne
ciaI subcommittee on trusts. gave out
the toiioWing summary of the measures:
Fewer TO Control MonepoIie..
The subcommittee of the Committee
on the judiciary to-day agreed to re-
poIt 10 the tull committee a proposed
cohs'ltutionai amendment, which provides
tiat congress shall have power to define.
iesuiate' control, prohibit or dissolve
Hohopoiles, or combinations
whether existing in the form of cor
q hAr
PROVIDES that the several States NAV
continue to exercise such newer In arv
manner not in conflict with the laws NJ
the United States.
Inc necessity for this amendment,
9.V"s out Oh the fact that it is held by
the Supreme Court of the I-ni,sd So
that Manufacture and nroduction o. -
part Oh Interstate commerce, and cannot
De reached under the interstate cor,r,aroe
cIanse OF the Constitution. even tboroh
monopoly in manufacture Indirectly sf-
!ects OF controls such commerce, There
lore, monopoly in manufacture Is NOT re-
strainable by Congress, even when II com
trois the output of an article of neces-
sity 10 all the people in all the States and
'lxe5 the price at will.
another measure amends the act of
July z. 1896, being an act to protect trada
ahe commerce against unlawful restraints
ana monopoly, aud known as the SHERMAN
= act. -iAe proposed bill increases the penaI |
sleS hxed by that act, and adds thereto
nve new sections
Interstate shipments Of Trust Products.
The new sections relate To nroducins
ana manufacturing corporations and as.
soclations organized or managed for the \
purpose of controlling or monopolizing
manufacture or production, or so conduct,
pS tneir business as to nonopelize manu-
Iacture IL provides that corporations and
associations organized and carving on
business Tor such a purpose shall mark
goods shipped without the State in which
rcduced, and that the same shall not ba
transported or carried without such State
"nen not so marked, either upon the
goods themselves, the packages contain
ng same or the cars in which Skinned
Articles of commerce not marked NAV he
'eized and condemned when made a mart
u interstate commerce.
IL IS further provides that corporations
ind associations organized with. or hav-
ng capital stock of one million dollars
'r over. or doing a business OF one mill
on collars or over PER annur, shall. be-
ore being permitted 10 transport their
'roduct into any other State or Terrftorv
lie with the Secretary of State of the
! nited states a report making substan-
iaily the same showing now required of
abroad and steamship companies engag-
d in interstate commerce.
Imperative ON District Attorne,..
1T further provides that corporations
nd associations formed or carving on
heir business for the Illegal purposes
foresaid may be restrained from. carry
ng on interstate or foreign commerce.
no also provides that when such corpo-
atoms or associations are adjudged IL
egal within the meaning Of the act. il ,
nd lis officers and members shall be pro- {
ibited the use of the mails in aid of their I
legal designs. Penalties are imposed for
lolations of the act, and Jurisdiction il !
onferred upon the Circuit and district
ourts, and 1t is made the duty of the At ,
orney General and of the several district
ttorneys Of the United States 10 insti-
ute alt proceedings, civil and criminal I
ecessary TO prevent or punish violations
the act, which is 10 take effect June