Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1914-01-29

threatened loss or damage ~ q vtciN
ton % the act under the same cundi-
tons and principles that inilnctive re-
lief against threatened crndurt which
wiii cause loss or damage IS granted
by courts ot equity.
II n required that a proper baud
shall BE- executed against damaxes frr
an injunction fnpruvtasutiy granted.
and Il must ~ shown that the dangsr
% irreparable loss or danaxe Il I'm
mediate
t-lss tnt-rfscsins olr-ets-ztra
Concerning directarates. the BIN on
that subject. which r. 70 become 81
fecsive two years from date Of ap-
pruval OF the act. provides
NO person engaged az an tndivid-
ual or a. a member OF a partnership
or NJ a director or other officer of q
corporation In the business % selling
railroad cars or locomotives. or rail
road rails or structural steel. or min
ing or selling coal or coudactins
bank or trust company. shall act a. a
director or other efrcer or employee Of
any railroad or other public service
corporation which conducts an inter
state business
NO person shall ar the same time
be director or other officer or en-
Dlove tn two or more federal reserve
banks. national banks. or banking as
sociatfons or other banks or trust
companies which are members Of any
reserve bank. and a private banker
and a person who is a director IN any
state bank or truAS company not oyer
atinx under the provisions cf the re-
cent currency Law shall not BE- eligible
to serve A. a director IN any bank or
banking association or tras, company
operating under the provisions Sf ths
law
Violation of these sections In made
punishable By a ine Of fta9 a day. or
BY Imprisonment not exceeding one
year. or both
II any two or more corporations
have common director or directors.
the fact shall h~ conclusive evidence
that there exists a real competition
between such corporation and sncn
elimination Of competition shall -
construed n . restraint Of interstats
trade and be treated accurstingly-
The trade commission hsli provides
tor eummizsicu ae ave memhers. wftn
the commissioners Of corporations a.
chairman. and transfers all the .xss
ing powers of the bureau of enrpoF
tiuus IN the commission
The principal and most tmport.l
duty the commission besides eundre
ing Investigations viii o- % ard Il
courts when requested n ths tnrml
ton of d-erees - ts-solariou-
With this IN stew. tse nfIl -mpa'
srs n -uurt 20 refer any part of pen
ing litigation % the commission.
ciudtng The proposed 9scre-. sur INT.
nation and ADVICE
Nucf, Criticism fsr 5iiia
The rrusr bills as framed vii ,
. the subject Of sharp criticism ca
part Of progrsssivss of a. parties >
claim they do not 90 far slouEh-
VIII Be declared that ths dsiinitioE
monopoly remains laades.Iats lz,t
prohibition u 1nf4ir trade Bract
does noe cover this evil n our -
omic life thar tnterluckinx stock
rrvi is not cuver-se and thar the
srs OF the proposed trade euunu
ara Insufficient
Il - lntarestias 70 note Il
gruposa. 10 piae. the burden
upon a combination believed %
latinz the laN has been omitte
attempt Is made % prevent or &
monopoly based on patents The
est dirrculty exp-riencsd IN ths
i've endorsement % the iav has
1 found u b. IN the unWilllngues
the courts % impose iaiI Bsnalt
remains optional under the pr
measures whit The courts 10
tuprisnn.
Trade searu May 0issErcir1
IN connection wffh rhe trade
mission President Wllsou deciansd
his messake that the country a.
mAnas such 4 commission only as an.
Indispensable instrument ef inforna-
tim ami publicity As a clearing house
for the facts By which both the pub
lie mind and the managers ss great
business UNDERTAKINGS should be
guided
The bill prescribss that the commits
sion acts are to constitute a public
recora but the body Is authorised
20 make public the Information In
such TORN and 70 such extent a. nAF
De- necessary or by direction Of th-
attorney genera
Il Is apparent that the public mind
cannot b guided uniess IL has the
facts and then Il viii not get unless
the commission or the attorney E-r-
sral deems Il polite
Settlement ~ Differences
The nest important feature Gf th@
aiIi IS that which Iegalizss the poiiey
/ % the administration % terminating
an unlawful euudir.un hy AzreemeHr
between the combination arrzcked and
the attorney general
This feature IS cumpreheuded under
section which requires the eommfs-
sion. UPON the request Of the attorney
I general Or any corporation Affected.
70 lnvestiEare whether a combination
/ Is violating the Law IN case the con-
mission should snd the violation TO
exist Il must report TO the attorney
general statement af the objection
able acts and transactions and the
read diustnsuts necessary for the Of
tending combination 20 conform %
the law