Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-06-02
.ETI-TRUsT ACT IS DEFECTIVE
Dlscourages Any Effort 70 Strengthen
sherman Law.
ADVISES STRONG REGULATION
Would EaTe Corporations Put IN
Class Of RailvayG
MORE POWER OF ADMINISTRATION


NEW YORK June L-Theodors Eoose-
vslt has an article On The Standard on
Decision and Afrer IN tae Outlook u
Gays in part.
The decision q tire supreme court n
the Standard Of case has Of course
brought Cur many proposals for alrepnE
Or aIendlnE the antitrust iaw- There are
two classes q men whose respective attn
tlces il references 20 thlE law are in the
ory diaz1etrfcany opposed and IN results
almost idenricallv the same those men
Who wish no lnterferencs whatever By the
government VITA any combinations or cur-
puratuus. and thuse men who under the
plea OF being against al combinations and
big corporations propose absolutely to pro-
hinir their existence
in theury these two sets Of men are
diarnst--caIiy opposed In practice the ac-
uvi1lez Of the second class. who VISA to-
tally % prohihi- al corporations can only
result IN practically fulfilling the wish of
the first class by leaving the present sir1l-
auon fundamentally unchanged Actual
experiences has shown thar the antitrust
aw Goes not and cza not by any posi-
5Lltg be made 10 do what the extreme
Antagonists Of corporations desire OF a.
ssrt uha1 -aey desire
Inv Dtfsa 11afae NE0ous
As construed by the supreme court the
antitrust Law accumpllshes a certain
amount Of good and IN has beer a good
thing 10 obtain the decision thar has been
obtained against the Standard on com
pEny- Bur as a means q ettecrliMlly crap
Iiing On behalf of the whole people win
the problem created By whar are com
monty called Urusrs-tllat is. OF enormous
combinations Of corporate capital saEaKea
tn interstate buEiEess-tae antitrust law
Is radically and y1ua-ly detective and any
effort to strengthen IL would be worse
than futile and would result only in PRO-
longing the time dur11E whicn the curpura-
ldUns VII ESCAPE control Of the kind de-
ElAnoed in the interests OF the people
The antitrust law wAs framed On nc
theory that Il was possible % turn hack
the wheels OF progress In fnaustriAlasrn.
and In an age of connhinatt0n % pur 4.
stOp 70 the comhiuarunE znd@r pnica bl-Ei-
ness Was carried On Whiie. d hars
said the ant1-trust law as now construed
does accomplish certain amount Of Eoud.
Il was OUt OF the question tna1 framed as
IL vas in such a spirit and win such a
purpose. IL eDuld achsevs IN any bur ths
smallest degree what itz trainers houed.
ana any effort to achieve this purpose
simply by making ths law more stringent
VII result eizher in nothing or changing
the situation for the worse.
Mere Regulation NEEDED
what is urgently needed IL the enact
menr Of drastic and nar-reachins leEsslz-
ton which shah pun the great interstate
business corporations Of the type uf ths
Standard on company, the sugar trust, rhs
steel trust and the Ike al least e. com
plersly under the control ard regulation
Z Of the government IN eaeh and every re-
specr a. the inrersta1e railroads Ara nov
put
TO break up the Standard on eunuazv
a. the recent decision has broken IL IN
Z does q certain amount Of good but 4 does
u0r Go anything Ike the aurount Of ro,sd
that would be achieved from the stand
3 point Of the public Il the pruDer zuver.-
mental BODY were given the same s,zDer-
vision and control over il as the Interstate
I Commerce commission has sstahiished over
( certain Of The railroads of the country.
] 1t may wei be that IN the end sovsru-
ment control Of these great Interstate cor
Pora11oRs may have 10 60 naueh rarrher
than is Indicated by the present Euvernueur
control over the railways. but. in auv
event the only possible nnriHracturv
naethod Of dealing with these Ersa4 eurDora-
tons q a nonopoilEszc trend wAich A..
not railways lie To follow ras Ines aanux
which the nation has gone IN dealing w,rh
those Of them which ars railways. altsrsng
and developing the policy a. cunastsons -
events shall Justify. Our prime obssct uauss
be 70 have the regulation acuunpiiEhed ~
continuous administrative acfaon aud pot
I By necessarily tnrerrufrnent laurvtsnEs