Mexico Missouri message. (Mexico, Audrain County, Mo.) 1899-1918, 1914-01-29
four new ANTI
TRUST BILLS out
Measures Based on Wilson Poll
cies Define Sherman Act
and Allied Laws.
FULL PUBLICITY IS SOUGHT
Trade Commission instead Of Corpora.
tIon Bureau Would Report Viola
lions Of the statutes--Rlsid
InauIrles Are Ordered.

Inquiries Are Ordered.
washington, Jan. 23.-Embodying
the program laid down by the presi-
dent in his recent message, the ad-
administrations trust bills were present
ed to congress.
The bills have received the approval
Of Mr.. Wilson and the Democratic
leaders of both houses OF congress.
with little modification they will be
enacted into law. Their purposes are;
1. Definition of unlawful monop-
DIV or restraints of trade.
Prohibition OF unfair trade
practice.
8. Creation of an Interstate
trade commission.
4. Regulation of corporation d.
.dectorates and prohibition of In
terlocking directorates.
Unlawful Monopoly Defined.
Unlawful monopoly is defined as
any combination or agreement be-
tween corporations, firms, or persons
designed for the following purposes;
/. To create or carry out re-
strictions In trade or to acquire
monopoly in any interstate trade,
business, or commerce.
2. To limit or reduce the pro-
duction or increase the price of
merchandise or OF any commodity.
8. To prevent competition in
manufacturing, making, transport
ing, selling, or purchasing of mer-
chandise, produce, or any COM
modify.
4. To make any agreement, en-
ten into any arrangement, or ar
rive at any understanding by
which they, directly or indirectly,
undertake to prevent a free and
unrestricted competition among
themselves or among any pur-
chasers or consumers In the sale,
production, or transportation OF
any product, article, or commod-
ity.
The penalty for violation OF the law
is fixed at not more than $1,000 or i'm.
prlsonment for one year or both.
Guilt is made personal through O
section that whenever a corporation
shall be guilty Of the violation OF the
law the offense shall be deemed to
cover the Individual directors, officers
and agents Of such corporation, az
authorizing, ordering. or doing the
prohibited acts, and they shall be pun
ished as prescribed above.
nara nrnhfhItino hnIJin a
companies is to be added to this meas
ure.
Covers Unfair Trade Practices.
The bill forbidding unfair trade
practices declares that to discriminate
In price, between different purchasers
of commodities, with the purpose Of
intent to injure or destroy a competi
tor either OF the purchaser or of the
seller, shall be deemed an attempt t.
monopolize interstate commerce.
1t Is specifically declared that tn,
law is not intended to prevent dis
elimination in price between purchas
ers Of commodities ION account o
difference in the grade, quality, o.
quantity OF the commodity sold, o.
that makes only due allowance To-
dlrerence in the cost of transporta
ton"
Further, 1t is prescribed that moth
ing contained in tho act shall proven
persons from selecting their own Gus
toners, but this provision shah no
authorize the owner or operator O
any mine engaged in selling its prod
uct In interstate or foreign commerc,
TO refuse arbitrarily to sell the sam
10 responsible person, firm, or cor
poration, who applies to purchase"
An attempt at monopoly also is dc
V'ared TO exist for any person to max
sdle OF goods, wares, or merchandis
OF Tx a price charged therefor. or dis
count from or rebate upon such price
y" 'he condition or understanding
that the purchaser thereof shall no
ueal IN the goods, wares, or mercha1
use OF competitor or competitors O
the seller.
Deals With Damage Suits.
A Judgment against any defendan
III suit brought under the anti-trus
ID" the bill provides shall constitut
DIS against such defendant conclusiv
evidence Of the same facts and b
conclusive as to the same issues @
Ia" IN favor Of any other party in an
D'ner proceeding brought under an
moving the provisions OF the law.
for the benefit of parties injured 4
u'e'r business or property, by any pei
son or corporation found guilty of vic
,a'lng the law the statute of limits
uuns applicable to such cases shall b
suspended.
lnJunctiye relief is accorded agains