The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1918-04-26

the remedies prOVl0eu IOT
said prohibition contained IN the acI
entitled IAN act to create redefai
trade commission, to define It's powers
and duties. and for other purposes,
approved September 26. 1914. snaH %
construed as extending to unfair metn-
DDS OF competition used In export
trade against competitors engaged ~
export trade, even though the acts
Constituting such unfair methods are
done without the territorial Jurisolc-
ton OF the United States.
Sec. s., That every association now
engaged solely in export trade, WITHIN
sixty days after the passage OF TINS
act, and every association entered
into hereafter which engages solely III
export trade, within thirty days aiter
its creation, shall file with the federaA
trade commission a verined Wrllten
statement setting forth the location OF
its Offices or places OF business. and
the names and addresses Of all Its or
ficers and Of all it's stockholders or
members, and If a corporation, copy
of its certificate or articles OF incor-
poration and bylaws, and II unincor
porated, a copy OF its articles or con-
tract of association, and on the nrst
day Of January Of each year Thereafter
it shall make like statement OF the
location OF its offices or places OF Dusl-
ness and the names and addresses OF
all its officers and Of all Its stock
holders or members and Of all amend
ments to and changes In Its articles
| or certificate Of incorporation or In lts
articles or contract of association. ~
shall also furnish to the commission
such information as the commission
NAV require as to its organization,
business, conduct. practices, manage
ment, and relation to other associa.
lions, corporations, partnerships, ana
/ individuals. Any association which
shall fail so to do shall not have the
benefit of the provisions OF section
| two and section three of this act, and
ii shall also forfeit to the United
States the sum OF 500 for each anu
every day OF the continuance OF such
failure. which forfeiture shall be pay.
able into the treasury OF the United
States, and shall be recoverable IN q
civil suit in the name of the United
! States brought in the district where
| the association has its principal ONCE,
or in any district in which 1t shall 40
business. 1t shall be the duty OF the
various district attorneys, under the
! direction of the encouragement OF
THE United States. to prosecute Tor the
recovery Of the forfeiture. The costs
and expenses of such prosecution shaif
j be paid out of the appropriation ior
/ the expenses Of the courts OF the
United States.
Whenever the federal trade COM
mission shall have reason to believe
/ that an association or any agreement
made or act done by such association
is in restraint of trade within the
United States or in restraint OF the
export trade OF any domestic compef-
tor OF such association, or that an as
sociation either in the United States
or elsewhere has entered into any
agreement, understanding, or con-
spiracy, or done any act which arti-
4 ficially enhances or depresses prices
within the United States of commodi
ties Of the class exported by such
association or which substantially
lessons competition within the United
States or otherwise lessons trade
therein, 1t shall summon such asso
citation, its officers, and agents to ap
pear before 1t, and thereafter conduct
an investigation into the alleged VIC
lations of law. Upon investigation. j
|. 1t shall conclude that the law mas peer
violated, 1t may make to such assocta
ton Recommendations for the re
! adjustment of its business, in ordel
, that it may thereafter maintain 1T
organization and management ant
conduct its business In accordance
with law. II such association fails t
comply with the recommendations o
, the federal trade commission. SAT-
r commission shall refer its finding
. and recommendations to the attorney
: general OF the United States for sucl
, action thereon as he may deem proper
!. For the purpose of enforcing thes
l provisions the federal trade commits
e sion shall have all the powers. so ia
4 Ias applicable, given 1t in AN act t
icreate a federal trade commission, t
t define it's powers and duties. and TO
i other purposes"
q