Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1911-12-15
Atty. Gen. Wick
ersham's Report.

Ian executive bureau be created To
supervise corporations chartered I'M
der a federal Incorporation act, Attur-
/ ney General Wickersham. in his annu-
al report submitted to Congress, to-
day, suggests that the bureau of cor
porations be raised to that dignity. ev-
+ en- in the absence Of the proposed fed
eral incorporation statute.
| This branch OF the department of
/ commerce and labor, the attorney gen
eral urges. should be brought into
closer relation with his department
/ and adds that il might we'll he "availed
of as the nucleus for an administra
tive board under whose supervision
consultations or mergers for lawful
purposes might be formed"
In enforcing the Sherman anti trust
law, the attorney general points out
that the department of justice aud the
courts are confronted by economic.
rather than legal problems when it
comes to working out methods Of dis
Indignation after q corporation has
been declared an Illegal combination.
The department enlisted the assistance
of the bureau of corporations in the
dissolution of the Tobacco Trust and
| i, would be of great value to the legal
/
ofaiieh OF the eoFetii5fgil'' MI W lek-
ersham says. If the functions Of the
| bureau should be Sc enlarged that it
| could be called upou officially to
make Investigations and report its
conclusions with respect to plans for
| the voluntary or enforced disintegra
ton of monoPolistie combinations,
The attorney general review. The
| record of n gaar OF intense activity III
federal prosecutions and points out
that the department Of justice imam
! cially sustained itself as the result OF
the contribution OF $f.204,11o to the
| United states treasury in the shape
of fines collected, customs duties re-
coveries, etc. The expense of the de-
partment. including the office Of the
attorney general all # the district
attorneys and assistants throughout
| the country, aggregated $22a3.f73.
In comprehensive review of The
antitrust prosecutions. the attorney
general shows that tic II antitrust
civil suits pending at the beginning Of
the last fiscal year were augmented
| by six additional actions. while the I
| criminal prosecutions under the same
statute We're increased by. % more
prosecutions during the last fiscal
year.
| Eight civil suits and A similar mum
Der Of criminal trials were brought 10
conclusion during the wear. In four
of the civil prosecutions JUDGMENTS
were rendered in favor Of the Unit
ed States. while three were leet and
one was discontinued. Four convic-
tions were secured until the criminal
clause of the statute during the wear
land four cases were either auashed ar
Idtsronttnue8
Declaring THAT he annreciafes that
public interest in the sherman anti=
trust law was "evan greater than it
was at the Gate of his last reuort the
! attorney general sets forth the fol-
! lowing cases as being prosecuted or
! pendfnp for final settlement.
"yFhe rowder trr1st". the might rid
| err cases. Tinted states Steel Cor
| noration. cotton corner. allapad tow,
ing reonooolv beef hackers. southern
| Pacific merger. biturfnous coal cop-
| bina{{en. nevat stores sui+- bathtnb
| "trusi,,. n,r,bar "true+o. min utrustn-
! v,au nanar combination. s,,oor
| "trust". trans-A Atlantic steamship,
nool. rooeazina "+r,,stn. eboa Ynacbtn-
! erv atrust,. continuation az coal
| roads. elevator siif in oklahoma and
lyindlin, wood ernst ;,
Fnanhastzine his satisfaction with
| the decree Of the New yorE cjrcuit
| court in tho Tobacco Trust diseolution
the attornav general has This Ia say
of independent tobacco interests who
hay criticized the Man Of disinteyra-
TO-.
"f,o,,,ra+it,,,.s Of tba avietins, eon,bl-
nation y-ero1 800, - cor7naI tho i'm
| noeition of terr7s mr. conditfops of the
/ ai-i,, t1,-,a,t;o,, ,,tfob ,ro,,1a rave
,1oda y ,,ot,.o,t e,,eeoesfuI business
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,,,1t;,.r -, e.r,.,+ ar's,.oiaI le.sa not
o,,ft, - 49, t,,t.,.stod j., tn. oo,,,h,-
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- - -, ~ a.,
| 49, '.'-' = go 60 800 -