Daily Arizona silver belt., 1908-07-29

|
 siderable that they are not really within the purview or real evil of the anti trust law.
 Construction of Antitrust Law. The possible operation of the anti trust law under existing rulings of the supreme court has given rise to sugges- tions for its necessary amendment to prevent its application to cases which it is believed were never in the con temptation of the framers of the stat ute. Take two instances: A merchant or manufacturer engaged in a legitimate business that covers certain states, wish. es to sell his business and his good will, and so in the terms of the sale obligates himself to the purchaser not to go in the same business in those states. Again, the employees of an inter-
 state railway combine and enter upon q
 peaceable and lawful strike to secure
 better wages. At common law this was
 not restraint of trade or commerce Q
 or violation of the rights of the com pany or of the public. Neither case
 ought to be a violation of the anti trust law.
 The suggestion of the democratic plat
 form that trusts be ended by forbidding
 corporations to hold more than 50 per . cent of the plants in any line of manu. faeture, is made without regard to the possibility of enforcement of the real ax,n in tS X .nrnnpatinu anntrall l. ing 45 or 30 per cent of the products may by well knokn methods frequently effect monopoly and stamp out cOmpeti- tioL in any part of the country as com. pletely as if it controlled 60 or 70 per cent thereof.
 Advantages of Combinations The combination of capital to enlarge plants to manufacture goods with the greatest economy is just as necessary as the assembling of the parts of the ma | chine to the economical and more rapid manufacture of what in old times was
 made by hand. The government should | not interfere with one more than with Il the other, and when such aggregations l of capital are legitimate and are prop. erly controlled, for they are then the natural results of modern enterprise
 and are beneficial to the public. What Is an Unlawful Trust7 When, however, such combinations | are not based on any economic prin- ciples, but are made merely for the pur-
 pose of controlling the market to main tain and to raise prices, restrict output
 and drive out competition, the public derives no benefit and we have a mon
 opoly. There must be some use by the company of the comprehensively great size of its capital and plant, and extent
 of its output, either to coerce persons
 to buy of it rather than of some other
 competitor or to eoerce those who would
 compete with it to give up their bust.
 ness. This must usually, in other words
 be shown in element of duress in the
 conduct of its business toward the GUS toners in the trade and it's competitors
 before mere aggregation of capital or
 plant becomes an unlawful monopoly.
 It is perfectly conceivable that in the
 interest of economy of Soduction a
 great number of plants may be legiti-
 mately assembled under the ownership
 of one corporation. It is important,
 therefore, that such large aggregations
 of capital and combinations should be
 controlled so that the public may have
 the advantage of reasonable prices and
 that the avenues of enterprise may be
 kept open to the individual and the
 smaller corporations wishing to engage
 in business.
 Many enterprises have been organ.