The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1911-11-17
RADICAL CHANGE
IN 'TRUsT" LAW
Dll + Pul ssIrust Criminals h
Felsa's Strips"
BT REPRESENTATIVE HENRY
MA n IsirsA.ers wsss cs.sress
Meets xszt xssik Clearly Dsssss
whss . -Trusi- l. wIihIs the xcas.
isx si she Law ssa Proxies II.
prisss.sat fer yIslssIsa-

MAsdluKtt4s sryAr 49, rrtsu y
stripes a. pnnLam~nf for ''trasf
ersminzIs~ IN me rrrrd States 20 end
scosnmrciol piracy undsr benevolent
rules of reason are proposed la "a
can am~pdinx ths Sherman anti
truss law drafted by Representative
H<nry. u Texas. tosbe in<rDauesd IN
the hoasc upon fhr opening of con-
ersuu neat month. It's inlrodutsSon
probably ~iIl mean Ia passage In the
fousc.
TIE hIli specifically dsnne~ lust
What constitutes a trust. lexiziafss
from the prcs~nt siGfnie shs -r0le Of
reason. ss Interpreted ~ the ssi-
prwne court in TOE Standard OF and
Tc:sscco arckions and provides a.
punl~hmcrs Cor violation Of she law
imprisonment from two 20 ten years
IN fhe penlssntiAry. Il will be referr-
"a 90 ne Judiciary committee for de-
liberation.
N explaining bis bill Representa-
tive Henry declared that actual I'm.
prisnnment Of great Industrial oTend-
.En wss essential 20 a cure for tha
trust sy4i aud that a las 20 be risid
must o. necessity dehne a trust "a
leave NO room Cor controversy.
Ny piIi.~ said Mr. Henry. nulli-
fed she a'terasIons written into ~
sherman antitrust act ~ me IN
warranted standard on ard TOoaccu
trust cases u lass sprlnK. That h
tha bill lexlslases me rule "a reason
0nf of ths law and Il defines specili,
caIly wtat a trust \ % that thers
can be 40 room for controversy. \
makes the vocation Of fhh Law q
felony ~lsh smprisonmsni gvr not less
than two years nor more than sef
pears.
~Fgnsa aNd dissolusions seem to b
chiia's play Tor ne trust nagnaies
Felonis stripes. where the violation
is suo~ing,y or silfully done. vii
prove a potential remedy Cor thes'
fsagrsms acts cf commercial ou,saws
The ChIncse antitrust law provided
~Thnna wbo interrupt commerce ar
- b. Aehsadci To Aehcad such of
tenders ID ogr country voald b. en-
sircIy zoo rsfrrfDs. brit % eompsariis
with q peul,sntiaFy sentence and
felon'a stripes ~ q psaifshmeni u ml''
and should be administered 20 tfss
criminal. NJ ne United States.
NY blll Justly cxnmpss 'Incmhen
of organizations or amgslasiuns nu
aor profit aud without capital aicrt
and alzo agricultural pfcducis OF ~
stock in tie bafris Of she producers Q
ralxer' The nrst exensptson A. :
LABOR vas intended IN the oriwiua
ieqlsiasion. These exemptions ar
rixhf aud should bc made Ths prs
p1~ea biil xmeudx TIE first thrce sec
ll0nx of The Sherman act. leaving a
they are ssrtiu,~ four 20 cirht ~
elusive and adding tso nsw scctlonl
section one Ia amended 10 dshn
spccincaIi, a trust and reads as 70
iyxs.
Every contract. comlnssion IN N
form of trust or otherwise. or COZ
aplracy. IN restraint of trade or con
morcs among The several states. {
With f,rcixn nations. = hereby d
clared a. BE- il'axal. And that a trw
Ia n contract, or conspiracy. by con
blnation AGAINST trade OF couimerc
~ aida 10 commerce. Of capital. Nj
% acts BY tao or more person
trims. corporations officers of corp
ratlons. or sssriasaous oi persons. !
either two or more Of iiiern. for eiih'
lContinued on Page Two.l