The Bridgeport evening farmer., 1914-10-27

Clayton Measure Forbids Priee Fi,sina Lssssn Compstftio ion = Prossibsts Banks With s5,ooo. 900 cshitai From Having Interlocs<ina DireosoraEea
 Agent of GaiIky csrneration May 30
 ined sss0o0 and Go to Jail Fsp Year.
 EKE Clayton antitrust blH, final
 I agreed on by the conferees
 09 the house and senate, pro-
 vldea for imprisonment of di- receore of corporations that violate anysef the penal provisions. of the law It contains anti-price fixing clauses and prohibits banks in cities Of 200, GOO or more, with capital stocks of $5,0O0,- 600 and upward. from having Inter locking directorates.
 Following is the complete text of the bfII:
 AN ACT
 To supplement existing laws against
 unlawful restraints and monopoItes, and for other purposes.
 Be it enacted by the senate and house Of representa- atives of the United States of America tn congress- assem- bled, That anti trust Iaws,'' as used herein, includes the act entitled t'An act to protect trade and commerca
 
 nopOlfes,' z approved July 2, 1890; sec tions 78 to TT, inclusive, of an act en- titled "An act to reduce taxation, to provide revenue for the government, and for other purposes, 2 of Aug. 27. 1894; an act entitled An act to amend sections 78 and 78 of the act of Aug. 27, 76o4 ent1tled An act to reduce taxation, to provide revenue for the government, and for other purposes, '' approved Feb. 12. 1918; and also this act
 aCommercer as used herein, means trade or commerce among the several states and with foreign nations, or be- tween the District of CDlumbia or any territory Of the United States and any state. teEEitory. kor foreign nation, or between any insular poss essions or, other places under the jurisdf ctdon of the United States, or between any such possession or place and any state or territory of the United States or tho District or Columbia or any foreign nation, or within the District of Go lumbia or any territory or any insular possezpfon sor other place under the JuEdi ietion Of fhe united Stafes Pro- ,vad q that nekhlng In this act conA taIned shall apply to the Philippine Ts- lands
 The word spersou CT ssI,ersons,' whereye CT nsed in this act shall be deemed to include corporations and as sociatiora exdsting under or authorized by the laws of either the United States, the laws Of any of the territories, the laws of any state. or the laws of any foreign country
 canst Discriminate In Price.
 Sec. 2. That it shall be unlawful for any person engaged in commerce in the course of such commerce, either directly or indirectly, to discriminate in price between different prrch4sers of commodities, which com modities are sold for use, consunp or re- sale within the United States or any territory thereof or the District of Go Ipmbia or any insuIar possession or other place undet the jurisdiction of the United States, where the effect of such discrimination may be to sub stantiaIly lessen competition or tend to create q monopoly in any. line of commerce. Provided That nothing herein contained shall prevent dis elimination in price between pJrchas- CTS of commodities on account of diff ferences in the grade, quality, or quantity of the commodity sold, or that makes only due allowance for difference in the cost Of selling or transportation, or discrimination in price in the same or different com munities made in good faith to meet competition: And provided further, That nothfng herein contained shall prevent persons engaged in selling goods, wares. or merchandise in com merce from selecting their own GUS toners in bona fde transactions and not in restraint of trade.
 Sec. 3. That it shall be unIa wful for any person engaged in commerce in the course of such commerce to lease or make a sale or contract for sale of goods, wares, mercha ndise, machinery, supplies, or other commodities wheth- CT patented or unpatented for use, con sumption, or resale within the United States, or any territory. thereof or the District of Columbia or any tnsular possession or other place under the Jurisdiction of the United States, or fix q price charged therefor, or discount from or rebate upon such price, on the condition, agreement, or under standing that the Jesse or purchaser thereof shall not use or deal in the goods, wares. merchandise, machinery, supplies, or other commodities of 8 competitor or. competitors of the lessor or seller, where fAe, effect of such. Iease, sale. or contract for sale, or such condition, agreement, or understand, ing may be to substantially lessen competition or tend to create a mo pepoly in any line of commerce.
 Sec 4 That any person who shall be injured 1n bis business or property by reason of my thing forbidden in the antitrust laws may sue therefor in any district court of the United States in tha district in which the defendant re- nfdes or is found or has an agent with out respect to the amount in controver- sE, and shall recover threefold the dam ages by him sustaineds and the cost of eIIit- i1aellIIlirar aareasonahle attorneY5a