The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-03-18

Washington, March 1.-THE final
drafts Of the amendments to the ship
subsidy bill agreed upon by the house
committee on merchant marine and
fisheries have been completed. One of
these amendments declares the Sher-
man antitrust law to be specifically
applicable TO the builder. owner or
either or both Of them, of any vessel
entering into any contract provided for
by this act, and any such vessel is
hereby declared to be property in the
course Of transportation within the in
tent Of the said law"
The other two amendments designed
to further prevent combinations, either
between ship owners or builders. are
as follows:
Section Is. That upon complaint
made to the secretary of the treasury
that two or more persons owning, con-
trolling or operating vessels registered
and entitled to compensation under
this act, which aggregate in tonnage
one-third Of the total tonnage of all
vessels SO registered and entitled TO
compensation, have entered into any
contract combination or conspiracy,
whatever De the form thereof, for the
purpose OF controlling the terminal IA
clties for shipping in any port or
ports of the United States, or for regu-
lating or increasing the rate or fares
for freight or passengers in trade of
commerce among the several states, or
with foreign nations, or for granting
any special rebates or privileges to
shippers in such commerce, or for 9TH
erWise putting any restraint upon trade
or commerce among the several states
or with foreign nations, the secretary
shall fix a time and place for hearing
such charges and give notice thereof
20 the persons interested, and may re-
quire the production before him of any
contracts or papers which ne may
deem material in the consideration of
such charges. If, after notice and
hearing, the secretary Of the treasury
shall sustain such charges, thereupon
the right of the person or persons so
found violating the provisions of this
section, and their assigns to any com
pcnsatiOn from the United States IN
der this act. shall Immediately cease
and terminate.
As to Shipbuilders.
Section &c. That any contract, COM
bnatiOn or conspiracy in whatever
form, made or entered into between the
persons owning, controlling or Operat-
ing two or more shipyards in the Unit
ed States, which have constructed or
are constructing, or are capable of con-
structing, during any one year, vessels
aggregating in tonnage one-third of the
total tonnage of the new vessels regis
tered and entitled to compensation I'M
der this act, for the purpose of limit
Ing or controlling the number, tonnage,
classes, kind or type of vessels to be
constructed therein, or for regulating
IN any manner the terms or increasing
the prices Of construction of such yes
sells is hereby declared 20 be illegal;
ana any consolidation. absorption, sale
orr transfer by the persons owning, Op-
Grating or controlling two or more ship
yards in the United States of the ca
pdcity aforesaid, of the privileges,
franchises or property of such ship
yards. for the purpose of limiting or
auppresslng competition among such
SmpyardH and of placing control of
lhe terms and conditions of such con-
tracts Tor constructing vessels therein
under the management, is hereby de-
Cldred 10 be illegal.
Upon written complaint filed with
Inc secretary of the treasury by any
person having q contract or applica-
non Tor contract. for the construction
OK new vessels in the United States,
under the provisions Of this act, of a
violation of the provisions Of this sec
ton. the secretary of the treasury shall
give notice 10 the interested person or
persons of such complaint, and fix a
une ana q place for a hearing upon
me charges made. and may require the
person orr persons against whom the |
y4dtSes are made TO produce before
MN any contracts or papers which he |
nav deem 10 be material in the con-
tleration of such charges.
May Buy Foreign Ships.
III the secretary OF the treasury shall |
md that the provisions of this section /
nave Deen violated he is authorized |
ana directed, upon the application of |
ZIG person or persons having contracts, |
vi appllcauons for contracts for the |
instruction of vessels as aforesaid |
"Naa TWO years next thereafter TO 1
sIani register as provided bv law as |
wise OF the United States to foreign !
y-l-l vessels to the aggregate tonnage |
" me vessels constructed by the per- ,
SAs so found violating the provisions /
VI mis- section during the year next |
N-teing SUCH orders.
such fOreign-built vessels So rspis-
,lel nall be regarded as new vessels |
Instructed IN accordance with the con-
-a-L or application for contract of such (
PERSON or persons, and shall be deemed /
De INSTRUCTED in compliance, -. h |
Pun contract or application therefor
~sl WIN the terms of any bond provid- |
"a Tor by this act. and shall be entitled |
" all the benefits and privileges. and
" subjected 20 all the changes and |
C,'-satuns applying to this act to new
eS~ee constructed in the United /
r,4lys. except that such vessels shall
.. enter the coastNise or lake trade
.ls United States
1ae words person or persons when
ss Used in this section, shall be deem
~ S' include corporations, associations
~ partnerships existing under or a11-
a yea by the laws Of either the Init
states or Of any state or any terri
on of any foreign country.
ms section shall not be held TO
1s-.'rie with or prevent the enforce
S,s. Oh any other law Of the United
t-[s Prohibiting contracts. combina-
t-s5 ef c0nspiracies in restraint of
To Increase Circulation
The York, March IA majority of
Ad-nrsf |