Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1903-09-05

ran antitrust laws by a single United
States statute that required any corpora-
tom engaged In Interstate coIhInsIV sron
reduce It's rates so per cent. to and from
every point where competition mas pssn
prevented by combination, merger, coi nn
mon control or agreement. Congrs55 drai.
enact that any corporation or indlVluua,
who engages in Interstate commerce mu
furnish It's services or supply It's goous o.,
lower rates wherever by any conpi.ia 49,
competition is prevented than where gum
a n necessary. the state itself can en-,
ter the Industrial field as q producer anu
mer supremacy by becoming itselt d CUM
petitor OF the great trusts.
Proposals Cause a Fight.
The report is signed by all members
of the committee, consisting of Walter
S. Logan, Henry Budd, Gardner La
throp. George Whitelock n John
Morris, jr.
There was applause when Judge Lo-
gan concluded the reading OF the re-
port.
Judge Ketcham of Indiana requested
that Judge OF Georgia DC
asked to speak.
A resolution was offered by Mr.. Bus
by of North Carolina providing that
the report be received and filed, accom-
panied by a note that 1t did not express
the views of the association.
Judge Hammond spoke briefly In
dorsing the report, saying that IL was u
most encouraging thing that a BODY
like the committee had seen
fit to grapple with such a great ques-
ton as industrial combinations.
William L. Royal of Richmond, Va,
offered as q substitute for the report
a paper, the essential ideas of which
were that the injury done to the pub
lie by trusts was through unreal COM
petition, that is, the giving away or
goods to destroy weak rivals, or by
selling goods below cost for the same
Stop this, he said, and the
trusts power for, evil is ended. His
remedy was that congress pass a law
establishing a corporation commission
in each state and territory, having COM
plete authority, on complaint OF any
person that his rival is trading dis
honestly 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 its goods
for sale, in fact, instead Of in p~retclse.
lf IT chooses to enter into trade. He
found authority for this act in the COM
merce clause and the fourteenth
amendment, but he recommended an
amendment to the constitution, giving
congress power by appropriate legis-
lation to suppress and prevent dishon-
est competition in trade.
An Animated Discussion.
There was very animated discussion.
over a motion to table the report. There
was great excitement on the floor and
finally it was agreed the report Should
be taken up at the night session.
At the night session William n. elias
gov of Roanoke, Va, read a paper en-
titled "A Dangerous Tendency Of Legis-
lation."
The paper ~endeavored to show tina
state legislation had a tendency toward
p~aterna!ism and cited many instances
in support of his position.
Discussion of the report of the com
mercial law committee was then re-
sumed. +. II. Buspy of North Caro-
lima moved that the report be recon-
mitted so far as that portion referring
TO combinations was concerned, and
that a committee be appointed TO re-
port remedies for trust evils alleged tc
exist. This was seconded by George
Whitelock of Baltimore a member OF
the committee, but Seymour ID. Thomp.
son of New York offered a resolution
similar to the one proposed by Mr.
Busby, with the exception that it pro
poseu to refer the report back to the
committee on commercial laws, witt
instructions to report also on labor
~monopolies. muscle trusts" as the
speaker termed the labor unions.
over two hours were spent in parliu
mentary ~wrangling, but finally a reso'
luton by r. NJ. Judson of Missouri wa!
adopted. directing that the report bt
reCommitteG with instructions to thu
committee to report remedies for IL
legal combinations which threate!
commercial intercourse.