The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1912-05-11

upon the discovery of the actual
amounts of properties which. these
companies possess, and witches
pecially in the case of the Standard
Oil company, which had never made
| full statements of their assets and
earnings to the public-are far in cx.
cess of what the public knew or be.
lieved them to be, and secondly, upon
the mistaken belief that these com.
panies in competition will continue
to make the same profits which they
enjoyed in monopolistic combination.
"Only time will demonstrate the
results of the separate activities of
these companies; but IL is idle 10
expect that they can earn in competi-
tion the same profits they did when
held together under single manage.
ment.
"The flippant charge made in some
quarters that nothing has been ac.
complished by the Sherman Act, and
that by these recent DEGREES the trusts
affected have merely changed their
coats, as it were, and renewed their
existence in other forms, Is based
either upon ignorance or upon willful
Misrepresentation.
Indeed, the criticism, whether
friendly or hostile, ignores the fact
that the disintegration OF every one
: of the great combinations presents n
! different problem. The legislative
branch of the Government has left IL
, entirely to the courts to deal whit
, combinations found to exist in viola
ton of law. What shall the courts
do? Shall they in every case enjoin
. the combination from engaging N
. interstate commerce, thus destroying
, the industry, or shall they in every
, case appoint receivers to sell the
5 property? The Supreme Court hat
I answered this by refusing to do an,
{ such thing. The Supreme Court ha,
:. commanded the circuit courts to as
i certain, either by taking evidence Of
|. otherwise, when a combination ad
0 judged unlawful shall have been 81
d separated that the parts are not sc
parately or in their relation to eacl
|. other unlawful combinations. The cir
il cult court in the Tobacco case worke,
y out result the full beneficial result
O Of which will become increasingly az
,. parent, despite the efforts in som
a quarters to discredit and belittle Il
II work. Congress might have ena"te
n some orher means Of dealing wit
Q such problems, as, for instance. b
e providing that when combinatio
o has been found by the courts 10 exis
n given certain time to dissolve
70 conformity with plans approved
e an administrative department, lik
n the bureau Of Corporations IN II
IL Department of Commerce and Labo
lie .ut Congress has not seen fl tc el
re act any such legislation, Yet in Ii
e. most difficult problem vet submitte
to the court the experts of that b
Of reau have studied and approved Il
at plan as completely destroying Il
err tobacco monopoly and restoring col
la petitiye conditions.
as The courts and the law officers
oil the Government will continue
Il work out these problems as be
ed they may in the absence of more {
". rect constructive legislation, and
a. is to be hoped that any legislatiC
ne which is enacted may be intelligent
ri. conceived with a view to facilitatir
It. the termination of evils which ha'
o. been allowed to grow up, without /
is jury to the legitimate concerns OF Il
IF. business world, without destruction