The Barre daily times. (Barre, Vt.) 1897-1959, 1915-02-20

easy accommodation OF the remedy TO
! the wrong and to the accommodation OF
business to the requirements of the law.
"The problems of modern industrial
! business are not simple. Our modern
| industrial organism involves one-sixth Of
| the total wealth OF the nation. 1t af
/ fects approximately one-tenth OF our
population directly. Its welfare and its
prosperity, consistent with the public IN
| terest, is a matter of first concern to
government. One OF the problems fire.
quently alleged is uncertainty as to what
the law prescribes. This legislation at
tempts to relieve that situation by
specific definition to make that clear
which cannot be done. A comprehensive
body of information as to the constitu-
ton of the whole industry OF the coun.
try will be obtained by the federal trace
commission. This information will be
available to the solution of problems,
and consistent with what constitutes
fairness as between competitors, this
body Of information win be available
for the information and guidance 81
great and small business enterprise.
"In the course of time there viii be
available to the federal trade commits
sion large body of information, coli
lated digested and interpreted as to the
whole field of industry of the country.
This agency is also available in the
public interest in investigations Of the
antitrust laws.
This information and expert knowi-
edge is further made available by the
law 10 the federal courts in the forma
ton Of dissolution DEGREES in trust cases,
20 ha nd Huf into -
be conserved. in that disinterested eco
nomie and expert knowledge OF industry
as well as legal information. NAV be
available in such situations BY direct
authorization of the law, the trade com.
mission may be called in by the depart
ment Of justice 20 make recommenda
tions as TO the manner in which cor
porations may readiust their business
so as 10 comply with the provisions Of
the law.
"The commission is charged with the
further duty of investigating conditions /
in foreign countries with reference 20 4
their effect upon our export trade. II y I
contended that TO extend our foreign 4
markets IL is necessary that combina-
ton be permitted among the smaller 4
and exporters Of this .
country 20 compete with the combina
tions in foreign countries. What is 4
needed for the guidance Of legislation 4
is exact Information n such policy /
is demanded by the facts, IL can safely .
be assumed that the ingenuity the r..
and the genius Of Amer.
lean institutions and government viii /
b. able 90 devise some means or method
v hereby the good IN such q situation
could b. preserved for the benefit Of
American industry. and the possibliti,s
1f evil placed under control and rendered
harmless for the benefit and advantage
b The whole people.
"Thc quasi judicial functions If the
federal trade commission win b. exer-
,ized IN passing upon violations 81 the
provisions Of the Clayton act
"Ihe greatest menace 90 tbe small
business men or enterprises lice iu I'M
lair methods of competition employed :
Iv their larger rivnls. who can with
.tand campaign ~ price-cuttiug ~ Q
similar practice simply by reason ~ /
Fute strength These practices Is per
atied breed monopoly. III prevented IN J
heif inception BY government areHev :
here is a guarantee ~ = square deal !
Is the smaller unit and Hn aasufaaea
haf u vH Depend tor ts survival Hgor
BE- oun efficiency aud ful Justification
hrrain fHr re FEistrnae The theory
u this law fnas ~ qurnfl uifh hg
.ass 0f enterrffsr lt SIMPLY uratils.z
haf the rulrs ~ the rraH haaea 81
airress shall - made Eear ard shall p
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