Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1911-12-06

~ violatisas ofsths ~ = voola !.
practical Or wise
Such burSau Of commission m,.s.I
we'll b. invested also With the Al.
already referred to Of aiding con,ss
n the dissoiution and recreation :.
trusts within III law. Il should ~ -
executive tribunal Of the dieniU srs
power Of the Comptroller Of the rrs
rency or the interstate commerce con-.
mission. which now exercises super,t.
Org power over important classes 81
corporations under federal regulation
The drafting Of such 4 federal 4,
corporation law would offer annie ~
portunity to prevent many mauifsstI
evils In corporate management tods,
including responsibility Of contrib i.
the hands Of the few who are not tn
real ownefa
incorporation Voluntary,
! recommend that the federal ch..
ters thus to b. granted shall be voInr.
tary. at least until experience Justine.
mandatory provisions. The benefit -
q oeE1ved from tne operation Of great
Dus.nseses under me protection Of such
charter would attract all who a.
anxious to keep within the lines Of N.
law. Other larrs combinations ts,t
fail to take advantage Of the feder,ll
incorporation viii not hare a right IA |
rvtlI,r.r.-. 81 srhr,t .ha,s " |
tscr. - ~ cer.er, csnc,., .s., asac'
comnetent sunervi.ion ana nrh,,a.sL
stt.rd.rt rc,,s, ~ ~rto.u psene'y
: ch.rt.r '''a
osy sspe's .ss'sssuon Needed.
Inc oppostunaty tnus suggested for
ieoel.. msospot.t,on' y seems to me.
ue,,ss legislation
- Ae't..s tne squar'ng Of
sat .noust.Ai enss1pFises 10 tue rule
~ scssou 's.u oo"n " tue antitrust
NV. IN se.sute - construed oy the
suptee court mus. continue 70 De the
nne VI ulst'nclion ~. lcS'.'"ate ppsi.
ness : ust - en.orceo unless We
are % DANISH inUv'uuahsm from al
business an0 Feouce y 70 one common
system " reu'auon OF control OF
prices NE TINT Wnlcn now prevails
WIN Hspecs % puDuc Utilities ana
Wnicn "nen appneu 20 al business
wouid oe . sons step toward state 80
c1aiism.
Importance Of ths Ant. Act
The antitrust act Is the expression
OF the effort Of freedom loving peo-
Ole 10 preserve equality OF opportunity.
II u the result OF the confident deter.
minatIon or such . people to maintain
their future growth BIZ preserving I'm.
controlled and unrestricted the enter.
prise OF the individual. his industry,
his ingenuity. his intelligence and bis
independent courage.
For twenty gears or more this stat.
ute has been upon the statute book
All knew tn general purpose and an.
proved. Many OF its yiolators were
cynical over lts assumed impotence
Il seemed impossible Of enforcement
SLOWLY the mills az the courts ground.
and only gradually aid the majesty Of
the law ssaert itself MANY of it,
.tstesmen-s nthors died before II BE-
came 4 living force. and they and 9th.
err saw the evil srow which they had
hor.d n da~trov Nov its efficacy Il
seen. nov IL mower n heavy: now ito
ohfect = near achievement Now We
Mar the can for it, repeal on the plea
th.t Il Interfere With business pros
neritv ana - are advised in most
seners, terms hov bv aome other stat.
nfe .nA n .oms other way the evil
p. a. tpst ~. MINING ont can be cured
n ve onlv shandon this work OF TWEEN
- yesrr ana n another experiment
~ .rosh.r term ~ year.
T. /. ..id that the ~ has not done
,ooA or ~. i. .sid A the face Of
Ira efrert ~ tia Northern Securities
decree1 That decree was In no way
Their the Standard OIL decree OF .ne
Al nvpk n