Corvallis gazette. [volume] (Corvallis, Benton County, Or.) 1900-1909, 1903-04-24
country regarding the merger

country regarding the merger
decision:
The decision rendered against the
Northern Securities Company will at
tract wide attention. First, it proves the
strength of the Sherman antitrust act Of
1890, under which tile government pres
ecuted; second, it establishes the sin-
ceri,y OF President Roosevelt and Attor-
ney-General Kuox III their efforts to-
check unlawful combinations Of capital,
Philadelphia Sorii, American.
Itgess to the fast Of the trusts, 1t ID
death to eyary combination to abn|ish
competition Ii eemlHsses and The Indus:
lrisa by which lts,is 10 testslsssd aud
rFiees gfs taeseaset. Il tsnda 10 reopen
the ert OF free cvtt petit! IN In every lihs
OF commerce, industry and transp6rtas
ton and to place all the business of the
co1ntry on the broad basis Of equal
tights.-Chicago Chronicle.
The decision OF the Northern Securi-
ties case shows that the government has
a powerful REMEDY in it's hands which
will, judging by the outcome of this case,
enable the attorney general to check il
legal combinations, at least; not only
railroad mergers, but any combination
which is engaged in interstate commerce
or which exercises monopolistic or
other restraint on interstate trade
Philadelphia Ledger.
The decision is an important one, a
heal5hful one and one that merely pre-
ce les the judgment in the states case.
The congratulations of the country-foT
this decision blocks several other liKe
schemes which have been held back
waiting the outcome of this case-are
due to Attorney General Knox and in
| only less degree to his able assistant,
Mr.. Beck, while praise must not be with
held from President Roosevelt who di-
rected suits to be bronght-St. Paul Dis
patch.
The result is a great and well-deserved
triumph for President Roosevelt, who d.
rected that the suit be brought, and who
incurred thereby the enmity OF the pow
erful financial leaders interested in the
merger and in similar combinations.
Incidentally the decision sustains the
constitutionality of the Sherman anti
trust law, and iustifes the high praise
which the president has recently given
to Attorney General Knox.-New York
| World. -.
This decision is a crushing blow to all
trusts of an Objectionable character. 1t
sustains the right of the people through
their representatives in congress to regu-
late and determine all matters involved
in interstate commerce without regard
to how strong any combination of CAPT
talists formed in violation of the law
may be.-Denver Republican.
The decision OF the United States cir
cult court of appeals in the suit against
the Northern Securities Company is an
important step in the direction of dis
closing the governments ability to con.
troll railroad mergers.-Buffalo Express.
Again the demagogic claim that the
courts are biased in favor of capital and
capitalistic combinations has been refnt.
ed. The decision fythe United States
court of appeals, at st. Paul, Ninn., sus
tanning the contention of the govern
ment in the so-called merger case furn-
ishes this refntatiou.-Los Angeles
! Times.
The outcome of the merger suit is also
signal triumph for the president, who,
with Mr.. Knox, has contended that what
is needed for the restriction of tr usts and
combines is not so much the enactment
of new laws as the enforcement of that
already on the statute books.-Council
Bluffs Nonpareil.
There is life, then, in the antitrust
law. 1t is not dead letter, as has @
often BEEN charged. In the hands OF
officials entirely in earnest it is mightier
than the purse. 1t may be employed
successfully to the ends for which it was
Observation-Disclosures Star.