The free lance. (Fredericksburg, Va.) 1885-1926, 1903-02-19
THE ANTITRUST BILL
Senate Committee on Judiciary De-
cides t. Report 1t.
NELSON'S SUBSTITUTE REJECTED

Committee Has Made Very important
Amendments and for Two Sections
Recommend Complete Substitutes.
onI Two Votes Cast Against It.
Washington. Feb. 1.-THE senate
committee on the judiciary Yesterday
concluded consideration of the Little
held antitrust bill. and decided to re
port 1t TO the senate with a number of
very important amendments. TIL
most important changes were made in
connection with Sections 6 and OF
the house bill. for which the senate
committee viii recommend complete
substitutes.
Section 9, rs the bill passed the
house. prohibited persons engaged In
violating the provisions of the law
from using any Of the instrumentali-
ties of interstate commerce. This
purpose is retained in the substitute
oil the senate committee, but the scope
OF the provision is enlarged. as FOL-
lows:
That no corporation engaged in the
production. manufacture or sale of any
shall attempt to monopolize the pro.
duction by discrimination in prices or
giving special privileges or rebates in
order TO hinder competition. The bust.
ness OF any person or corporation en-.
gagged in the manufacture. production
or sale or any manufactured article
that may be the subject OF interstate
commerce. which by reason Of own
ership or control OF lands. growing
timber or other vegetable products
OF containing coal. oil. iron or other
minerals or metals used Ia the manu-.
tacture OF such articles. or By reason
OF ownership or control OF the instru-
mentalities OF manufacture. produc
ton or sale shall have the power to
control OF affect the prices OF said
articles throughout the United States
so as to prevent slide. destroy or him
der competition therein, and which
shall be so conducted as to prevent
such competition. is hereby declared to
be a monopoly within the meaning OF
this section.
The penalty for violating this pro-
vision is iine of not more than $4,000
or by imprisonment for not more than
five years. or both
Section of the house bill imposed
fine of $4,000 on common carriers for
the violation OF this act or the exist
Ing interstate commerce law. The
substitute uses the word "corpora-
ton" instead OF the words common
carrier" and provides for a forfeit to
the United States, and adds:
For the purposes Of said forfeiture
every sale Of goods, wares or merch-
andise for shipment outside the state
where said corporation is located and
doing business. and every contract for
such sale. and every shipment of such
articles pursuant to such sale or con-
tract, and If such corporation be
common carrier every day that Il en-
cages In the business of carrying on
interstate commerce shall constitute
a violation of this section"
fine of $4,000 or Imprisonment for
five years. or both. is imposed on per
sons who may knowingly cause or aid
any corporation to violate these stat
utes
Only two votes were cast against
the final motion to report the bill
These were given by Senator Plat. of
Connecticut. and Senator Clark. Of
wyoming.
Senator Nelson offered a substitute
for the entire bill. specifically declar-
Ing against mergers on the part Of
combinations, but 1t was not accepted.