Richmond daily palladium. [volume] (Richmond, Ind.) 1876-1904, 1900-04-17
REMEDY PROPOSED
Two Measures Directed
Against Trusts Prepared
In House Committee.
CONGRESS TO DEFINE
Constitutional Amendment Suggested
Giving Congress Higher Powers
In This Direction.
Summary of the Measure Proposed
by the Committee on the 5adi-
ciary TO Regulate Trusts.

Washington. April 1.-Two me2 =
ures directed against trusts were de
termincd upon yesterday 10y he spe-
cial subcommittee on trusts of the
house Judiciary committee. III special
subcommittee has spent many days
examining the various remedies pro-
posed and the conferences Vere not
concluded until late hour. \ ) agreed
upon the remedy is twofold, Talnely a
constitutional amendment Civ ing con
grcss full power TO deal with trusts
and n new antitrust law making the
following extensions to the sherman
act: first, requiring the branding or
marking Of trust made goods shipped
out Of the state, 50 as TO 5e easily
identified as the product OF a trust.
second. prohibiting the interstate traf-
tic Of trust made goods not s~s brand
cd. aud making them subiesf 70 seiz-
ure and condemnation; third, requir
ing corporations having a capital Of
over Sl,U00u00 or doing IA annual
business Of S1.0Oo,0o0 TO fih \ report
# their anairs with the secretary of
state; fourth. providing the process OF
Injunction against combinations send
ing trust made goods froI. state to
firth. prohibiting the use OF tie mails
to concerns and their Officials proven
TO bc trusts.
Judge Ray Of New York. chairman
Of the judiciary committee and of tine
special subcommittee on trusts, gave
out the following summary of the
measures The subcommittee OF the
committee on the judiciary agreed TO
report to the full committee q pro
posed constitutional amendment,
which provides that congress- shall
have power 10 define, regulate, con-
trol. prohibit or dissolve trusts. monop-
oIies or combinations whether existing
in the form Of a corporation or other
wise. and which further provides that
the several states may continue to exer-
else Sucl. power in any manner not in
conflict with the laws of the United
States.
'"The necessity for this amendment
grows OUT Of the fact tbat It IL held
by the supreme court OF the United
States that manufacture aud produc-
tion are no part of interstate com
nnrcc ana can not be reached under
The Interstate commerce claGse of the
constitution even thaugb monopoly in
inauufactuFe indirectly . 'Fccts or con
trolls such commerce. herefor, mo-
nopoly IN manufacture II not restrain
able BIZ c9snGress sven W. x75>is controls
the outplft OF an alt1--s4 - 81 sissy.
to all the people in all the state and
fixes the price at will.
"Another measure amends the act
OF July .. 1890, being an act to protect
trade and commerce against unlawful
restra intS and monopoly, and known
as the Sherman act, and adds thereto
five new sections The new sections
relate to producing and manufactur-
ing corporations and associa tions or
ganizcd or managed for the purpose
Of controlling or monopolizing manu-
facture or production or so conduct
ing their business as to monOpoliZe
manufacture. 1t provides that cor
porati0ns and associations organized
and carrying business for suth a pur-
pose shan mark goods shipped without
the state in " hich produced. and that
tie Slmc shall not be transported or
carried without such state when not
- marked either upon the goods
themselves the packages containing
the same or the cars in which shipped.
articles Of commerce not marked
may be seized and condemned when
made a part Of interstate commerce.
Is further provided that corpora
.sus and associations organized with
i having a capital stock Of $1,000
AKA or over per annum. shall before
eeiu@ permitted TO transport their
prodtcJ into any other state or terri
tory file with the secretary of state Of
the United States report making
substantially the same showing now
required of railroad and other com
panieS. engaged in interstate com
mercc Il further provides that cor
l,arat IONS and associations formed for
earryng on their business for the il
Ie-al purposes aforesaid may be re-
~trained from carrying on interstate
# foreign commerce.
Penalties are imposed for viola tions
# the act and jurisdiction is conferred
upon the circuit and district courts
qad it Is made the duty Of the attor
aev GENERAL and Of the several district
attorneys ef the United States to in
~zi-aty al Proceedings. civil and crimi-
aaI NECESSARY 40 prevent or punish vio-
tlous II tbe act which is 10 take
effect Tu.e Bal 193a''