Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-03-02
HIGHEST TRIBUNALS
DECISION is 4 TO 8.
Government Loses Long Fought
Suit to Force Dissolution
. of Great Concern.
SHARP DISSENT is VOICED
-- ,.4. <; x
Justices Day, Pitney and Clarke
Say Congress, Not Court,
Should Change Law.
SHARP DISSENT is VOICED
[Rx Associalsa pras. !

tBy Associated Press.l
WASHINGTON, March In a. "a ~
to73 decision, the Supreme Court I
today refused to dissolve the United I
States Steel Corporation and its nu-
merous subsidiaries, comprising the so u I
called steel trust i-s.i5 4:
The governments long-fouEht suit y
for dissolution of the iron-and steel
trade combination for alleged yioiaG
ton OF the Sherman antitrust law was y
dismissed, with absolution for the corr =
poration from all existing charges.
= Placing the high courts 20. K."5.on
the steel corporation were Chief JUS
tice White and Associates Justices Nc
henna, who announced the majority
opinion; Holmes and Van Deyantery Ia
Justice Day gave the dissenting opinion.
which was Joined by Justices Pitney
and Clarke. -
Justices McReynolds and Brandefs
TOOK no part the former having been
Attorney-Genera during the litigation.
and the latter having expressed 4
,nsd, opinions .regardlng 1t before appoint.
IL "Good" CombinatIon.
Primarily, the decree officially brands
tne steel corporation as a "good'- corr
bination. with its legality establisbnd n
.,Ia purtthter. tt. the court held that mere
austry OF corporate combinations is 5
not alone sufficient cause for their dis.
reaching judicial interpretatIon or al
piiGiation iaI OF the Sherman law, anaiogous
STANDARD IIs oii and IIie Of the
Dy declaring public interest must s'i,s,a 4,
ieehea pubiie ietersst In applying the law The
pc served and might he Injured nv 4 la ~
soIyng the steel concern. 9, : - ~
nrinsi,en oi1.iop Of the generation and iss
Sgiriteds y isselting opntoii. The nj
lay "a deGiatsd he antitrust Law was eio l
been ino1ns i.,omsn organization; that there had
a,pprovai Of Illegally born eombihasS eoa i'm s
Sherman law by judicial decree. i. i,ses ne
Minority Disapproved Ruling. s. agSsS
Agreeing that mere size of !: ~ Il Us
iration, = providing Its, genesis ia ~
4 isan nnr ,mMap,ted the tyayigorously,s
ing recurring judicial eonsida t 81 iafrs "
sInn she public t interest. Such az concIs,e s.
tion of the aaet nltsel practical nullifiea
fo,. q. ne, decision was a complete. yictorys
said seiEPors e. sion and q. its
ton S,t greatest Industrial com ma ~ y
oSo. ZOO ith +, assets sse .of more than $4,000.
against score ofmiiiio1aire ipSGisdangs8 Ina
Ge fendants Including irma aSli s
NJ. schwab 1n the steel steel rporation; Charles
IIse Hse. j.. Morgan. Andrew Garnaes sne ia S.
tbesey tbesey -. =: Frick and others. ,Againstt
iunctionse me goyernment had asked siinsS
s1it Was negns In 1911 II .SI !.
+he the decree OF dismissal ma rl.ad
it's ne suit utter wS,a rSut for the n
the. New Jersey Fedesai an rams.l r., isllss In
Wnich has been one Of ne .einssn,d snds
proceet3inry pre- dIo yoi,uminous ~ and most cosby
me case. the records OF VIII ic,..5 IN I'M ~. ~
81 silal room, was twice argued inI,tla. -
last last ostobsr oS9nf5s in March: 1917. and gam
tion dnripe az truce suspending9 9ac,
in 1918. = As e . : : g g ed sunen
oAang Although today's decree $leayan tba s 5
ceedngs againse se the to bring sdnga new pro-
SPECIFIC and present practices Sssna.9!s .oGss
M I'M sonniet with the antitrust TlawsaDsag
Cared NO Gf 1bonsht Sastiee officials night
been considered. Pending st,sSus Soa Snas. q
opinions. Attorney General faiIn ~, ~ sHa l1 q
com coner n .nt atepartment officials withheidt5
In It's appeal the government & non
.ehded se,it d. that to sustain dismissal of itass
result @ Y in 'ns lfcens,g New " Jersey court would
tions whieh hssfsins faiT 1ast enoro9s sSors
piete monopoly and would piaes tbs
courts stamp of approval 8on deva,oms
stead of 9 competitioon tryo oy com bilnation N B
1h herer. to Rooseyeft's Attit1de
ne majority of the court tools hocie.ss
Sas,on SastSn to- refer to President Roose.
TONS acquisition OF the Tennessee S,na ,ss
ana Iron Company. declarinE = fhs : y 49, s
ton OF President Roosevelt. Swbiie NM D
anee aang q, tfat ,fa msrEsr gave ASSN
ms earnestnessfn i'm the public wei In "a M,
Saa Mopld evan have approved of nothing stat t
naT r. even ven. tendency to its detrime n o.
concern sisl is i!s godas' dssres that the sssal
majority today found Il eontrois abo,.s 4 4
nali OF the American from ana rsfas,,y Y
Trade, Trade. including mines, mills, rafiroads
shlps and ore fields. ~ - eao = 80 = ss
Monopoly. the opinion. deeIaraa M
not peen achieved. Its mover nsssrsss.
prices, the majority also decIa red IL
,inea ,uineauai TO It's proportionate producss
Good conduct OF the corporation .o. A
ward It's competitors and customers;
was emphasized by the majority. wi,icf,
or ' dietatsd has not. not oppressed competitions
Not Like OIL and Tobacco Trust ts:
Inat conduct OF the steel concepntl
parallels the oil and tobacc "f r,,sSa.s
Was wa denied by the majority, which de. .s3
6 otarea ,ei the latterStlad been found guiIty;s
7 7 heir dissolution, while any iilegalitIss
OF the steel elcombinatlon;s orRanizat9aysts
were ssl e.,,trspsient ), in their purpose 4 and
Connection reference was mi ds Ia II S,asS
corporatt ion offfciaIs met with eomosfs /, 3
tors rs to agreeS on prices. n ~ 90
clarsd. was reduced to- the SOLE soil corr
tenttons I hat mere sixe. or bigIssss az &
the organtsationisa 8 an 4abhofrenee sc 81
Sns nsoI; mnussd rt,e
is n OF nunfsha hle The 4 Il tify.ssi 1