Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1900-04-19
TO STRIKE AT THE TRUSTS.
Two Measures, Directed Against Trusts
Formulated by the House Ju-
dietary Committee.

Washington, April 1.-Two meas
| ures directed against trusts were de-
termined upon yesterday by the spe-
cial subcommittee on trusts OF the
house judiciary committee. The spe-
ciaI subcommittee has spent many
days examining the various remedies
proposed, and the conferences were
not concluded until late hour yester-
day. As agreed upon the remedy Is
two-fold, namely, constitutional
amendment giving congress full pow
eI' to deal with trusts, and new anti
trust law making the following ex-
tensions to the Sherman act;
To Extend the sherman Act.
First-Requiring the branding OF
marking of trust-made goods shipped
out of state, so as to be easily 1denti-
fed as the product of trust.
Second-Prohibiting the interstate
traffic of trust-made goods not so
branded, and making them subject to
seizure and condemnation.
Misunderstanding corporations hav-
ing a capital over $1,000,OO0 or doing
an annual business of $1,000,000, to file
a report of their affairs with the Sec
rotary of state.
Fourth-Providing the process of in
junction against combinations sending
trust-made goods from state to state
or tc foreign countries.
Fifth-Prohibiting the use of the
mails to concerns and their officials
proven to be trusts.
Summary of the Measures.
Judge Ray, of New York, chairman
of the judiciary committee and of the
special subcommittee on trusts, gave
out the following summary of the
measures:
''The subcommittee of the commit
tee on the Judiciary yesterday agreed
to report to the full committee pro-
posed constitutional amendment which
pl Divides that congress shall have pow
er to define, regulate, control, prohibit
or dissolve trusts, monopolies, or COM
binations, whether existing in the
form of a corporation or otherwise,
and which further provides that the
several states may continue to exer-
else such power in any manner not in
conflict with the laws of the United
States.
To Meet Supreme Court Decision.
1.-THE necessity for this amendment
grows out of the fact that it is held
by the supreme court of the United
States that manufacture and produc-
tioI are no part of interstate COM
merce, and can not be reached under
the interstate commerce clause of the
constitution, even though monopoly
in manufacture indirectly effects or
controls such commerce. Therefore.
monopoly in manufacture is not re-
strainable by congress even when 1T
controls the output of an article oil
necessity to all the people in all the
states and fixes the price at will.
Amends the Act of July 2, 1890.
another measure amends the act
of July 2, 1890, being an act to pro-
tect trade and commerce against I'M
lawful restraints and monopoly, ami
known as the Sherman act. The pro-
posed bill increases the penalties fixed
by that act and adds thereto five new
sections. The new sections relate to
producing and manufacturing cor
pora tions and associations organized
and managed for the purpose of con-
trolling or monopolizing manufacture
or production or so conducting their
business as to monopolize manufac-
ture. 1t provides that corporations
and associations organized and
carrying business for such a pur-
pose shall mark goods shipped with
out the state in which produced, and
that the same shall not be transport
ed or carried without such state when
not SO marked either upon the goods
themselves, the packages containing
same or the cars in which shipped.