New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-01-21
,r ara purchasing Of merchandise

,ro,lcd. any article or commodity OF
merchandise. produce or commerce IN
tended for sale or use In interstate
commerce.
To make any agreement by wh'ch
they directly or indirectly preciuoe
free and unrestricted competition
among themselves. or any purchaser or
consumer. in the sale or transportation
~ any Article or commodity. either oE
pooling. Withholding from the market
or selling AT fixed price, or IN any
other manner by which the price might
be affected.
ITO make any secret oral agreement
or arrive at an understanding WITHOUT
express agreement by which they d.
rectlv or indirectly preclude free and
unrestricted competition among them
selves or any purchaser or consumer
in the sale or transportation of any ar
ticle. either by pooling, Withholding
from the market or selling at a fixed
price. or in any other manner by whicA
the price might be affected.
Death Blow to Patent Monopoly
one Of the bills will strike death blow
70 the natcnt monopoly as well as the So
called "cutthroat competition. IL pro-
,.,aos that all concerns engaged in inter
state commerce shall maintain uniform
prices everywhere for commodities IN Inc
same quantity and Of the same quality
In other words a corporation viii not be
allowed TO sell at one price in certain
city and at another price in a dinereht
city. provided the amount and quality OF
the commodity handled are identical
This bin will further prohibit what Is
known as the exclusive contract. Man
ufacturcrs will be forbidden TO dictate
that a retailer shall handle their goods
exclusively and an open market must De
maintained
owners Of a patent, furthermore are
prohibited from debating the retail price
At which a patented article shall he sold.
II is provided that the intent to injure
competitors shall be taken into consid-
Grafton in all trust proceedings.
The right of an individual TO become
Marty TO a government suit against
monopoly Is strictly reserved and the
individual is authorized to institute IN
junction proceedings. This privilege the
individual does not possess under the eX-
listing law.
Proof established by the government re-
earding monopoly may be utilized by an
argrieved individual and he IS not re-
oilred again 10 establish proof of such
monopoly.
The bin carries out the Presidents rec
concentrations that the statute Of lmlta-
tons shall not run against an injured IN
dividual until the government suit mas
been determined
Interstate Trade Commission.
Tho advisory functions Of the Interstate
Trade Commission are fully set out anu
il is provided that in dissolution oecreee
tho courts may seek information from
the commission both before and after
dissolution decree has been entered.
Combinations which refuse or Withnolu
information from the Interstate lraue
Commission are subject to me OF WV
dav and corporation officials making
false statements arc liable 10 me OF
q ON or one years Imprisonment or both.
The commission is TO have plenary pow
ers to Investigate the records OF all IN
terstate corporations and TO require the
fullest publicity Of their operations Mem
bers OF the trade commission are 10 re-
ceive an annual salary OF $1,000 each.
The House judiciary Committee, with
the approval OF the President and In CO.
operation with Senator Newlands, has
modelled a bill concerning trade rela-
tons after another Of the New Jersey
statutes The language Of this bill pro-
yides that no person, firm or corporation
engaged in the interstate sale of any
commodity or rendering any service to
the public shall discriminate between dit
ferent persons. firms, associations or cor
porations. or different sections. by selling
such commodity or rendering such ser
vice at lower rate in one section than
another taking into consideration the al
lowance, il any in the grade. quantity or
quality and the actual cost of transporta-
ton. with the effect or intent to estab-
lish or maintain a virtual monopoly or 10
hinder competition or restrict trade
Guilt Made Personal.
AS forecast exclusively in The IT'D
une. the theory of personal guilt is car
ried out in the administration bills. ana
virtually indeterminate sentences are pro-
yided for offending trust magnates, each
DAYS violation Of the law being made
separate offence.
At the White House conference tonight
a decision was reached TO hold In abey-
ance the actual introduction or the trust
bills until further hearings are held. the
House judiciary Committee will print on
Thursday tentative drafts of the bills
agreed upon tonight, and these will re-
main unchanged and will be formally IN
troduced later. unless the President ana
his advisers are convinced at the hearings
that changes should be made.
The details of the trade commission
bill. as outlined above. were agreed
upon to-day at conference among men,
bers Of the House subcommittee and the
Interstate Commerce Committee of the
Senate.
Wilson's Message Applauded.
A distinguished audience. including
members of the Cabinet. diplomats and
the families OF the assembled legislators,
applauded the fifth appearance of the
President in the House chamber when he
read his trust message to-day. The read
ing Of the message was interrupted sew
eral times by applause. and the Presi-
dent reading deliberately, emphasized
each telling point in the document.