The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1902-12-16
Several Antitrust Measures.
CBy the Associated Press.)

tloN the ASSOCldCoO IrGSS.)
Washington, Dec. 13-Hearines werr
begun today before the sub-Committee
on Judiciary, of the House, consisting of
representatives Littlefeld (Maino)
Qysrstreet Gndiana), Powers NIassa-
causctJs), DeArmond (Missouri) and
CLAYTON (AIabama) on the Antitrust
bills.
Representative Morrell Pennsylva-
MAJ. who has introduced q resolution ap-
propriating $150,000 for the use of the
Attorney General in enforcing the Sher-
man Antitrust Law, stated that he had
shown his resolution to the ATTORNEY
General, who, he said, was favorable to
it,. Mr.. NOrrell said also hat he had
shown the resolution to the President,
who authorized him to say that he was
heartily in favor of its provision. Mr..
Morrull explained that the President.
however, had no thought of debating in
any way TO the committee.
representative Giolette CMassachu-
setrs) explained the purpose of his bill
which provides for the seizure and con
domination Of any property owned or
manufactured under any contract or by
any trust or combination or pursuant to
'-s -N-'-t'Nt'NE 1CA W ~ law - VI d
State and being in the course Of trans
per-ation from such State to- another
State" a maximum penalty Of $20, 600
llo or five years imprisonment is i'm
posed.
representative II. G. Smith Michi-
rauI. who introduced. in the House, a
Joint resolution proposing an amendment
70 the Constitution Of the United States,
..- --r-- ,.--.
regulate and dissolve trusts and mono
poles. submitted an argument in favo1
Of his bill, the purpose being to clothc
Congress with power to act when deemed
necessary.
Representative Sha~llenberger CNa-
h7askai was heard in support of his bill
providing for the appointment of q non
partisan commission to investigate the
subject of corporations and the effects
OF their formation upon the market, and
report results to Congress. His bill also
requires the publication of reports show
Ing the condition Of corporations and re-
Qulres corporations to file statements
with the commission. Penalties are pro
Fda1 for noncompliance with the pro
Visions of the bill and for false returns.
Representative Sulzer (New York
explained the provisions of a bill which
DE has Introduced, the points of which
were stated in recent dispatches. Il am
IN line today with the President of tho
United States" said Mr.. Sulzer, ION the
trust question, and want to see this Con
s'ess do something in line with his
Recommendations"
representative Bell (ColoradoO was
next heard. He is author of a bill re-
CURING corporations having a capital
stock Of $1,000 @ or more to file with tho
secretary of the Treasury annual state
LeAt- under oath giving detailed infor-
~alon regarding their condition, flnan-
'al and otherwise. The Secretary is au-
UoIlzed under the bill to make rules and
regulations which VIII enable him to oh
"A q complete exposition of the
-".a"-s Of corporations in their dealings
"'a the public and the Attorney General
@ directed 10 proceed against any con
Germ making false returns.
%f'"r hearing Joseph Nimmo, Jr., the
'A"lttec adjourned until Tuesday, When
--'laor hearings will be given.