Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-02-07
BUREAU OF CORPORATIONS.
The Antitrust Provision of the Com
mercial Department Bill.

The conferees on the bill to establish a
department of commerce have agreed on
the text of the trust provision of that bill
in the following form:
Section 6. That there shall be in the de-
partment Of commerce and labor a bureau
to be called the bureau Of corporations and
a commissioner of corporations. who shall
be the head of said bureau, to be appointed
by the President, who shall receive a SAL
airy of 5000 per annum. There shall also
be in said bureau a deputy commissioner
who shall receive salary of $500 per
annum, and who shall. in the absence of the
commissioner, act as. and perform the du-
ties Of. the commissioner of corporations
and who shall perform such other duties as
may be assigned to him by the secretary
of commerce and labor or by the said COM
missioner. There shall also be in the said
bureau chief clerk and such special
agents, clerks and other employees as may
be authorized by law.
1.-The said commissioner shall have power
and authority to make under the direction
Of the secretary of commerce and labor
diligent investigation into the organization,
conduct and management OF the business Of
any corporation, joint stock company or
corporate combination engaged In commerce
among the several states and with foreign
nations excepting common carriers subject
to An act to regulate commerce. approved
February A. 1887, and to gather such infor-
nation and data as will enable the Presi-
dent of the United States to make recon-
mendations to Congress for legislation for
the regulation of such commerce. and to
report such data to the President from time
to time as he shall require; and the in
formation so obtained or as much thereof
as the President may direct shall be made
public ...
I'm order to accomplish the purpose of
this section, the said commissioner shall
have and exercise the same power and au-
thority in respect to corporations, joint
to the provisions hereof as Is conferred on
the interstate commerce commission in said
Act to regulate commerce. and the amend
ments thereto in respect to common carriers
so far as the same may be applicable, in
Guiding the right to subpoena and compel
the attendance and testimony Of witnesses
and the production Of documentary evidence
and to administer oaths. ALI the require
ments, obligations, liabilities and immuni-
ties imposed conferred by said Act to
regulate commerce and by An act In re-
lation to testimony before the interstate
commerce commission etc., approved Feb
ruary H. 1893, supplemental to said Act to
regulate commerce. shall also apply to all
persons who may be subpoenaed to testify
as witnesses or to produce documentary evil
dence in pursuance Of the authority con-
ferred by this section.
ut shall also be the province and duty
of said bureau of corporations. under the
direction OF the secretary OF commerce and
labor, to gather, compile. publish and sup
ply. useful information concerning corpora
lions doing business within the limits of
the United States, which shall engage in
tween the United States and any foreign
country, including corporations engaged In
insurance. and to attend to such other du-
ties as may be hereafter provided by law.