The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1903-09-02

be slow sai easy enough Il ptaase
tsca :noat t'ct!sa: tat!:c EDd rei result
in { .azat:os y: 10 pei cert tiger thc
last hund-et; millions. i;"% ;nnG
wcl;'5; TIC l;nisc5 Sta;es Steai C>r-
pDration continue under thai sySten
Of t;ix:it'on?"
Second. We casi compa! them to
rnndar better and cheaper service lF
he cortinatiun of the Northern
Pacific and the Great Mort '1rrA rail
roads is a great enough pnnllc clSaS-
ter tt have warranted the attention
! which it has attracted. it could have
been prevented much easier than by a
hundred Sherman antitrust laws bY
single United States statute that re-
quired any corporation engaged IN
Interstate commerce TO reduce It's
rates 30 per cent to and from every
point where competition has been
prevented by combinations, merger
common control or agreement. Con-
greSs can enact that any corporation
or individual who engages in Inter
State commerce must furnish its ser
vices or supply is goods at lower rates
wherever by any combination compe-
tion is prevented then where competl
tion if left free.
Third II necessary the State it.
self can enter the industrial field as
a producer and restore the force OF
competition to its former supremacy by
becoming itself competitor OF the
great trusts.
The report is signed by all the
members of the committee, consisting
of Walter S. Logan. Henry Budd.
Gardiner Lathrop. George Whitelock
and John Morris, Jr.
THE REPORT APrLAUDED.
There was applause when Judge
Logan concluded the reading Of the
report.
Judge ketcham, of Indiana, re-
uueSted that Judge Hammond. Of
Georgia. be asked to speak.
a resolution was offered by Mr..
Busby, of North Carolina, providing
that the report be received and filled,
accom- panied by d note that it did not
express the views Of the Association.
Judge Hammond spoke briefly en-
dorsing the report, saying that it was
d most encouraging thing that a body
like the commerce committee had
seen fit to grapple with such great
question as industrial combinations.
William l. Royal, of Richmond,
Va. offered as substitute tor the
report paper, the essential ideas OF
which were that the injury done the
public by trusts was through unreal
competition, chat is, the giving away
Of goods to destroy weak rivals. or by
selling goods below cost for the same
purpose. Stop this. he! said, and the
trusts power for evil is ended. His
remedy was that Congress pass law.
establishing corporation commission
in each State or Territory, having
complete authority, on complaint OF
any person that his rival is trading
dishonesty by giving away his goods,
or selling them below cost, for the pur-
pose Of destroying the complainant,
to fine the Offending corporation to
such an extent as will make it offer it's
goods for sale, in fact, instead Of in
pretence, if it chooses to enter into
trade. He found authority for this
act in the commerce clause. and the
fourteenth amendment. but he re-
commended an amendment to the
Constitution, giving Congress power
by appropriate legislation to suppress
and prevent dishonest competition IN
trade.
There was very warm discussion
over a motion to table the report.
There vas great excitement on the
floor and finally it was agreed the re-
port should he taken up at the night
session.
At the night session William a.
Glasgow Of Roanoke, Va, read a pa
per entitled A Dangerous Tendency
Of Legislation" The paper endearor-
ed to show that State legislation bad
tendency towards paternalism and
cited many instances in support OF this
! position.