The Bridgeport evening farmer., 1915-06-04
Unanimous Decision Handed Down in New. Jersey After Four Years Battle Says Com pany Doesn't Violate Law.
Tennessee Coal Deal, Sanction ed by Roosevelt, Is Justified in Court Competi- tors Show Growth.

Trenton. June 4-After nearly four years of legal battle the Federal gov ernment lost it's suit yesterday for the dissolution of the United States Steel Corporation under the sherman ar law.
 The United States circuit. court sit ting here. handed down unanimou decision that the corporation should not only remain in existence, but that it deserves the co1nnendatton of the American public for the upright manner in which it has conducted it's vast operations.
 Only on one point did the court venture to express criticisn-a very mild one at that. It said that the Gary dinners were a mistaken" pol icy, though no unfair craftiness in the opinion of the court was displayed by these social gatherings
 Col. RooseveItss course in regard to his sanction of the purchase of the Tennessee Coal and Iron Company by the Steel Corporation was virtually Justified. The court held that the Tennessee company at the time of it's purchase was not only not a danger ous competitor, but was not success : Regarding the HIu ore land deals 1 tie court said that they returned to, their original owners before the gov- ernnentss bill was filed, the transac- ton need not be passed upon in its legal phase
 Iniunctaon Also Refused.
 Tn addft1on to the denial of the pc tif1on for a decree of dissolution the court further refused to grant the governments prayer for any inJunc- lion against the Steel Corporation
 The government was allowed, how ever, to retain jurisdict1on of the bill if such price fixing practices as took hE- ~ ed. The court suggested that such matters may now be controlled by the new Federal Trade Commission.
 There were two opinions filed 1n the ease. The principal one was written By Judge Burlington and was con fWoo1aey, 1EcPherson and Hunt fudge Hunt is now sitting in the United States court in New York city The opinion of secondary importance was written by Judge Woo11ey and this was concurred in by Judge Hunt
 .Discussion of Facts. Judge Bumngton's opinion was question of whether he Steel Corpora tion monopoli1ed the steel trade or deals unfairly with competitors or sj5urchasers- sThe opinion declared that all the trust cases that have been determined
 
 tcombtnations are within the Sherman flaw as be reason of the intent of those Eforming them in the inherent nature of their contemplated act prejudice s4he public by unduly restricting com petition or unduly obsHucting the course of trade
 In answer to the questions which Efle court was to determine with re- spect to whether when the suit was filed the steel company was unduly restricting competition obsructing trade in the home market, the decision held that the proofs show that when dhe bill was filed the companiess com lpetitors were doing 60 per cent of the scountry's steel and iron business
 On this question the opinion saide
 s'The field of business enterprise in the steel business is as open to and being as fully filled by the competitors pf the Steel Corporation as it is by khat company
 The courts summary of the opinion. hled by Judge Burlington, was pre- pared by the judges who heard the ease and opens thus.
 We may say in advance that all the members of the court are in. agreement ps to te decree that will be entered, al- Though they are not in complete &C., rord concerning every step by which That result is reached
 A concurrings opinion, in which cer- Eain features of the case are discussed was filed by Judge WooI1ey.
 ROCKEFELLER RELIEF