The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1910-01-07

sration under LEASE. executed for j
term OF not less tf,an twenty-five years
from ACQUIRING The sreyersionary own,
,ersliip Of tire dernised railroad; but
that such provisions shall not operats
to authorize or validate lie asglls:.
tion, through stock ownership or 9TH
sr4fse, Of q competing line or intsr-
est therein In violation Of The anti.
trust or any other law. s3iss3 n
By my direction the Attorney een-
erai has draftsed bill to carry out
these Recommendations, which will be
furnished upon request to the appro-
PIRATE committee whenever II may be
ueslred. V ", 4
The question has arisen,in the oper.
alton OF the interstate commerce EN-.
ployer's liability act as to- whether
suit can be brought against, an. employ
er company, In any. place other than
that Of its home office. The light to
bring the suit under this act should
be as easy of enforcement. az. the risht
of private persons not IL the ccmpa.
ny's employ to. sue on an ordin airy
Claim. and process In sch suit should
be sufficiently served IL upor the sta.
ton agent OF the company upon whom
service "a authorized to be maze to
bind the company in ordinary actions
arising under state laws. Bills for
both the foregoing purposes have been
considered by the House Of Represen.
tatives, and have been passed, and are
now before the Interstate Commerce
Committee of the Senate. - earnestly
urge that they be enacted into law.
Antitrust Law and Federal Incorpor.
.,. .ation. nc ]. ,j,s.:.
There has been marked tendency
In busn ess in this country, for forty
years last past toward combination of
capital and plant in. manufacture, sale
and tnan spo ration. The moving causes
have been. several: L First. It has rem.
dered possible great eccn omy: second,
excessive competition. and, third, IT
the combination has been extensive
enough, and certain methods in the
treatment of competitors and custo-
mers have been adopted, the combin.
ers have secured a monopoly and com.
piete control Of prices or rates.
A combin alton successful in, achiev.
ing complete control over the partfc-
uIar line OF manufacture has frequent.
" been, called trust" presume
that the derivation of the word is to
be explained by the fact that a usual
method Of carrying out the plan Of the
combination has been to put the capt.
tai and plants. Of various individuals,
firms, or corporations engaged in the
same business under the control Of
trustees. ..s3t
The. increase in the o1pital Of bus
mess for the purpose o.. reducing the
cost Of production. and effecting econ.
omy IN the management has become
as essential.in modern progress as the
change from the hand tool to the ma
chine. When. therefore,. we come to
construe the object lof Congress In
adopting the so-called SHERMAN Anti,
Trust Act" in 1890, whereby in the
first section every contract. combin1'
tionin the form Of a trust or otherwise.
or, conspiracy in. restraint Of interstate
or foreign trade or commerce, is con.
demned as unlawful and made subjec,
to Indictment and restraint by lnjun !,
ton a;nd whereby in the second sec
tion every onopoly or attempt to
nnonopolizc, and every cmbination OF
conspiracy with other person to mon
opolize any part Of interstate trade OF
commerce, is denounced as illegal and
made subject to similar pun ishment OF
restraint, we
Many people conductln great bust
nesses have cherished hope and "A
belief that In some: way or other line
may be drawn between ''good trusts
and "bad trusts" and that it is posi-
BILE by amendment to the antitrust Law
to make a distinction under which
good combinations may be permitted
to organize; suppress competition
control prices, and DO It all legally |.
only they do not abuse the. power by
taking too great profit out Of the bus
mess. They point with force to Ger
tain notorious trusts as having grown
into power through criminal methods
by the use Of ILLEGAL rebates and ptalr