Bisbee daily review., 1920-03-02
SUP PRENE COURT
 I [ [ 1. CORP PORATlON |S. WITHIN TIE LAW.
Power of Corporation Is Not Sufficient Cause Alone
 For Dissolution
PUBLIC INTEREST
 TO BE CONSIDERED
Combination with Assets of $2,0OO, O,000,O0O Declared
 Lawful Concern

WASHINGTON, March In four to three decision today, the supreme court refused to dissolve the United States Steel corporation and it's sub sidiaries comprising the so-called "steel trust"
 The governments long fought suit for dissolution of the iron and steel trade combination for alleged violation of the Sherman antitrust law was dis missed, with absolution for the corpor- ation from all charges.
 Placing the high courts 70. K" on the steel corporation were Chief Jus tice White and Associate Justice Mo Kenna, who announced the majority opinion, Holmes and Vandevanter.. Justice Day gave the dissenting opin- ion, joined by Justices Pitney and Clarke Justice McReynolds and Bran deis took no part, the former having been attorney general during the llti- gation and the latter having expressed opinions on it before appointment to the bench.
 Primarily the decree officially brands the corpor ation as a good" combination with its-legality establish ed.
 Further, the court held that perpon- derance in industry of corporate con- binations is not alone sufficient cause for their dissolution.
 The court also gave a new and far reaching judicial Interpretation or ap- plication of the Sherman law, anala- gous to it's famous rule of reason" in the Standard Oil and Tobacco trust" cases, by declaring public interest must be considered in applying the law. The public interest, 1t was held, would not be served ana might be in iured by dissolving the steel concern.
 Dissolution of the corporation and it's principal subsidiaries was urged in the dissenting opinion. The minority declared that the antitrust law was violated; that there has been "open, notorious and continued violation" of it's provisions, and that approval of illegally born combinations would practically annul the sherman law by judicial decree"
 Agreeing that mere size of corpor ation, providing it's genesis is legal, Is not inhibited, the minority vigorously disapproved the new Sherman law rul ing requiring judicial consideration oi the public interest. Such conclusion they declared, necessarily results in practical nullification of the act it selt"
 The decision was a complete victory for the corporation and its 1S0 subsidi aries, said to compose the worlds greatest industrial combination with | assets of more than $2,000, 100000. Il also dismissed proceedings against score of individual millionaire defend | ants, including Chairman Ebert H Gary of the steel corporation; Charles M. Schwab, John D Rockefeller, the
 late J. P. Morgan, Andrew Carnegie Hency c. Prick and others. Agains | these the government has asked in ! functions against illegal acts. Also the decree marked utter rou | for the government in it's suit whicl
 was begun in 1916 in the New Jersey | federal court, and has been one of th' ] longest, voluminous and most costly | proceedings in supreme court annals | The case records of which fill small room, was twice argued in the hlgi | court. in March, 1917, and again las | October. A truce, suspending actiol ] during the war, was agreed upon Il
 1918.
 | Although today's decree leaves tn | government free to bring new proceed
 ings for specific and present practice l deemed in conflict with the anti-trus
 law, department of justice officials de
 clared no thought had been given t
 future action.