The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-12
MEMBERS DRAFT
ANTITRUST BILLS
Several New Measures Will Be
Thrown Into Arena of
Legislation.
STRENGTHEN SHERMAN LAW
Webb Thinks His Amendment
Will Give 1t All Vitality
Needed.

Washington. January 11.-Several
now measures relating to monopolies
will be thrown into the arena of anti
trust legislation when Congress re-
assemblies tomorrow. brief bill de-
signed to strengthen the Sherman law
will be introduced by Representative
Webb. OF North Carolina Represen-
tative Hincbaugh, Of Illinois, Progress
sive, will introduce two resolutions.
One would direct the Attorney General
to report to the House on the Legality
OF rotations existing between the Penn
sylvania Railroad, the Pennsylvania
Company and the Baltimore and Ohio
Railroad. The other would order an
investigation of relations between the
Now York Central Railroad system and
Its subsidiary lines, and the Influence
of interlocking stock control upon the
Representative Webb is not alto
gether in sympathy with other meas
ures planned for the antitrust pro-
the lines OF his bill to amend the Shcr-
man law. II my proposed amend
msnt is adopted;" he said i, t ,,
conspiracy In restraint of any part OF
trade or commerce, whether slight or
would give the Sherman law all the
vitality IL ever had and all that the
country wants
Amend Sherman Inv.
The Webb bill would amend the
Sherman law so as 70 read as fol-
lows:
form OF trust or otherwise. or conspir-
acy or agreement, whether written
, oral or otherwise, in restraint Of trade
commerce. among the several States or
with foreign nations, Is hereby de-
clared TO be illegal unless the persons
ton In the form Of trust, or conspir-
acy or agreement, whether written.
oral or otherwise. in restraint of trade
or commerce, or any part thereof. shall
anirmotivcly show upon an indictment
or civil action for violation of this
section that such contract combination
in the form OF trust conspiracy or
agreement in restraint of trade or COM
lnerce. or any part thereof, does not
| injurc the business OF any competitor.
and that such contract, combination,
conspiracy or agreement is not to the
detrimcnt of the public, and that such
restraint of trade or commerce. or
any part thereof, is not unreasonable.
Every person who shall make any such
contract or. engage In any such com
shall be deemed guilty OF Il misde-
mennor and on conviction thereof
shall be punished by a fine not exceed :
ing $4,000 or by imprisonment. but not
exceeding one year, or by both said
punishments. in the discretion OF the
court"
To Go to Committee.
, All the trust bills introduced to-mor-
row VIII be referred TO the Judiciary
Committee, which meets on Tuesday
Meantime the committee majority VIII
prepare for n conference with Presi :
dent wilson as quickly as possible.
Representative Carlin's bills, prepared
by his subcommittee on trusts. will not
be introduced until after the committee
meets or the views OF the Presiden
have been asccrtaincd
Representative Hinebkugh said to-
night that his resolution on the New
York Central's relationships was de-
signed to get accurate information for
| legislation TO remedy existing evils. He
SAID that while j. T.: Morgan & Co had
! torships of the three New York Cen
tral system roads 1t did not appear that
the company had sold or transferred
any of it's stock In these various roads.