Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1911-12-06

gotiating with the Department of
Justice looking to a Instrumentation
by decree and REORGANIZATION in ac-
cordance with law II seems possible
to bring about these reorganizations
without general business disturbance.
Movement for Repeal OF the ANTI
Trust Law.
But now that the antitrust act ia
seen 10 be effective for the accom-.
pilshment of the purpose of it's en-
actment. We are met by cry from
many different quarters for lis re-
peal. II is said 10 be obstructive OF
business progress TO be an ATTEMPT
TO restore old-fashioned methods Of
destructive competition between
small units. and to make impossible
'tosc useful combinations CT canital
ant the reduction of the cost of pro-
dnction that ate essential TO contin.
ued pi osperity and normal growth.
In the recent decisions the gu
preme Court makes clear thai there
Is nothing in the statute which con
dennis combinations OF capita, or
mere hirness Of plaut orrani1cd 10
secure economy m production and A
reduction of rs cost II is only when
the purpose or necessary effect OF
the organization and maintenance Of
the combination or the AGGREGATION
OF Incense size are the Sitting Of com
petition, actual and potential. and the
enhancing OF prices and establishing
a monopoly. that the statute IL VIC
lated Mere size Is no Gin acains, IN.
law The WcrrinC of two OF mora
business plants necessarily c!imin-
atcs competition between the units
thus combined, bat this elimination
rs IN contravcntion OF rhc statute
only when the combination is made
for purnosc of ending this particular
competition IN order 10 secure con
troll OF, and cnhan.c. prices and
Great" monopoly
Lack al nctinitcnc>s in the Statute.
Tn" complaint is made nf the sta
.'Ite that it is no. sufficiently defin-
ttc IN its description of that which Is
forbidden. 90 enable business men
'o avoid ITS violation rlc suggestion
Is that We Wayc nave combination
\ OF two corporations. which NAY run
ou for Years and that SUI seQucntb
'h' Attorney General NAV ,pm,lude
,hft b Nas violation OF tho statute.
and tha, which Vas Supposed nv the
combiu"rs 20 be- innocent then turns
ont 10 be- q combination in violation
ot the statute The answer 10 this
hypothetical case Is that when men
attempt TO 3mgss such stupendous
capital 3s viii enable them 20 sup
press competition control nricea and
establish % monopoly. they know the
purpose o., their acts. Men 40 no,
lu such thing without having II
clearly mind u what they do is
merely for tlc purpose OF reducing
me cost o. production without the
thourht Of suppressinr competition
bv usr of the higncss OF tho plant
they are creating then thev can no,
hc convicted later, unless IL happen
that later on they conclude 20 sup
press competition and take no usual
methods Tor dolng so and Thus es-
auiish for themselves moaopoly
They can, In such case. hardly
complain if the motive which subse.
Quentlv rs disclosed % attributed by
the court 90 tho original combina-
ton.
New Remedies Suggested
Much is said of the repeal Of this
statute and Of constructive legisla-
ton intended 10 ACCOMPLISH the pur-
pose and blaze n clear path for hon
est merchants and business men la
follow Il may be that such a plan
will be evolved. but J submit that
the discussions which have been
brought out in recent days by the
fear ~ the continued execution OF
! Continued IN Pare c0