Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1914-01-29
PRESIDENT WOULD BAR CONCERNS BEING
INTERESTED IN BUSINESS OF COMPETITORS

also. has long awaited and has suf
fered because IL could not obtain fur.
ther and more explicit legislative def
nitiou Of the policy and msaniaE ot
the existing antitrust law Nothing
hampers business The uncertainty
Nothing daunts or aiscourages Il IKE
the necessity 20 take chances, 70 run
the risk Of falling under the e0nr
demnation Oe the law before Il can
make sure lust what the law h. Sure
Iy We are sufficiently familiar with
the actual Processes and methods Of
monopoly and of the many hurtfal re-
straints of trade 70 make definition
uf what experience has dizciosed-
These practices. being now abundant
" disclosed. can b. explicitly anc
item by item forbidden BY statute IN
such terms 1s will practically eIimi-
nate uncertainty. the law Itself and
the penalty being made equally plain.
wegld Psnisn tndiVidu.la
fnasmHch a. our object and the
spirit 0t cur action IN these matters
rs to meet business half way In It's
process oS seIfcorrpctiou Snd dis
tI-b its legftimats course a. little as
possible. Ne ought TO see 10 IL and
the Judgment st practical and saga
eions men OF Affairs everywhere
would appland us Il We did see to IL.
hat penalties and punishnenfs
should faIl. not upon business Itself
To It's confusion and interruption, but
upon the individuals who use the IN
serumenfaiftiez % business to DO
thtnxs which public policy and sound
business practice eoudefrn- Every
act Of business ts done at the com
mand or upon ths initiative Of some
ascertainable person or group Of per.
Sons These should not be held lnhi-
viduallY responsible and the punish
melt should tzIi upon. not upon the
business organization Of which they
maze Illegal uses Il should be cns
of the main objects Gf our lexislsfiru
TO dtvest such persons Of their cor
porafe eloax and deal with them a
, with those who DO rot represent thei
corporations. but merely BY deEiher
ats tntsntion break the law Busfnss
men ths country through wonld. I n
rurs. arplaud N Il we vsr~ 10 ta.s
e6e<xuAl s<epa u se. thax tha odfc.,
and sfrr-tors ot xr-at business or.fs,
;. w~r~ prevented from -nringinx the
snd tho business Of the country IN,
fisr~pufe and danger
a To P-unieit Etoiaiss Companies
! Other Questions remain which vi
need very thoughtful and praerica
t-eatnsnt Entsrprfsss. IN these mo-,
, ern days Of great individual fortunes
1rs oftsrffrr@s interfocked. not by D..
ing Under the eoutrof Of the sane al
rectors. but hy the sacc that the rrpat
sr part of their corporate stock Il
owned BY a single person or <-uuu
az persons who ars IN som@ way tn
smateiy rslAted N Interest We ar~
ag-ee-L taxa L. that holding curn-
7a1fss should 5s prnhi hit-.i. but whar
cf rhe controlling private o~u.r~hfn
of individuals or actually co-aperattv,
groups Of individuals. SHAH the mr..
Fats owners Of capital stock be SUI
Tered 10 De themselves IN ssr.~t h,la-
ia< companies We Do not wish
suppose. N forhid the purrhas. 1f
stocks sy anY person who pfaasa- m
buy them IN such Quantities as he can
a1ord. or N any way ARBITRARILY %
limit the sale u stocks 10 bona sda
Rurrs a1ers shall &c r-gutru ths. avn
srs Of stoek. when their voting power
n several companies which ouxht tn
De independent of QUE another woula
eonstitute actual control. 20 MAKE
election n shieh af them they vii
sxsrcise thefr right - votat mi.
question ! venture for your eonstfera-
rton
There 70 a1rther matter N which
imperative considerations of hr-rsee
and tair play suggest thoughtful ~.
medal action Not only 10 many Of
tns combinations Effected or sought
% oe effected N the Industrial world
worx an Injustice apon the public IN
general. shsy also directly and ssrt-
ously intura ire individuals wno ar-
1ur CUT of business N on. Unfair .zv
CT another BY the maly disIodxtnv
and exrErminating forces OF comhia.-
tion- hope that We shall axrv~ IN
{ giving private individuals Who elaiu
70 have been injured sy these srv-
eessss the right 20 found their suits
1E the sovernnsnt where the govern
menr has UPON It's own initiative sued
the combined complained Of aad Won
It's suit and that the statute sf lfr,j-
tar-ons shall be suffered 70 r-rn
azainst such litlgants only from the
date of the conclusion Of the govern
menrs action Il Il not fair that tha
private Hrigznr should be obliged 70
set ~ and establish again th. FACTS
which the government nss proved H-
cannot a1arf. he has noe the oower
to mako use Of such processes af IN
I gitiry as the goverament has COM
mand of Thus shall individual hv-
tice be dnne. white the processes al
business ara r-efifesf and squared
with the general conscience.