Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-03-01
Formation Of United St1
Steel CorpoFatisn
Held Legal
GOVERNMENT LOSg0
DISSOLUTION sun
Supreme Court Dlsmlssse 49,
Brought BY FsdsraI omIsiass ua4
Sherman Antitrust osaeUte0o
iahoma Income Tax Law oSstalNs
tory From istria 10 Fiums-eta)ool
Retailers Given Adssess osstelea
BY Associated Press.

BY Associated Press.
Washington. March 1.-The untee
States supreme court today uphal{
the formation OF the United otAeqf \
Steel Corporation and its suhae4
iaries refusing TO dIsolve the secal1e
steel trust" The court dismisDos
tho suit brought by the govsrnaea
under the Sherman anti trust lAW.
Trust Has Reformed.
Affirming the New Jersey fsdSsg
courts dismissal OF the government'il
prosecution the supreme court ~
clined to enJoin the tsstrainS 81
trade charge and also refuAa1 0s
break up tho supercombination. eASfa
TO be the worlds greatest industriala
organization with assets cxc0ed1ne3 3
1900. 600 900. In disInissing the fed
eral suit the court did so withous|
prejudice, permitting the gnysEn.l
ment to sue again IL the steel corpors
alton engages in illegal practices
The court announced its decislod|
thru JUSTICE Mckenna Only sevekl
Judges participated in the doclsicn')
Jut ices Brandeis and McReynoldl|
taking no part. Justices Pittney, DaJa
and Clark dlssented.
In rendering the decision JuAt1e(
Mckenna said that sknce 1911 no act
IN violation of law can be charged
against the steel corporation and
tnat Is was the opinion OF the COURT
that the practices complained ef by
the government had been abandonsds
Justice Mciicnna said that to
grant the governments request for
disruption of the corporation and res
store conditions In the industry 81
they were twenty years axo would
bA practicable. II would~ disruD3
business, the justice suid.
Justice McKennA aaid the tooAcco
and Standard OIL cases otter ~
analogy. a. they hid heen guilty of
some practices which the stsd oce1
poratlon had not been.
In dissenting opinicn JustioS
Day said the corporation violated che
Jaw in it's formation and practicss
and that there ought TO be . decree
,or dissolution because Of its open.
continuous and notorious violation
Cf the law"
Justice Day said tho majority
Jpfnion virtually annulled the shes
s&n pct. s
Oklahoma Tax Law UphsIA. a
ConslItutionality OF the OxiahouA
income act OF 1915 Was upheld today
by the supreme court In deciding 49,
peals brought by Charles e Schaag-
fer, OF Chicago. from federal court
DEGREES denying IN Injunction 0cuoh1
to enjoin state officials from tax1no
him under the statute ShaSRsrs
holdings in that state. He ciAime1
the state had no authority 70 tn
non resident incomes-
Monopoly Need MOI Bs Shown.
In interpreting the Sherman anti>
trust act today the supreme court
reversed federal court DEGREES which
held that the statute did nat rro-
hioit fixing Of retail prices unless Z
monopoly was being created In sczas
! co;nmoaosy. s Y. a H X. Il IN
New York Law Knoeksd Out
\ The supreme court In an opinio0
today held the New, York state m
come tax act Of 1919 to be ynccnst-
tutional.
The New York state income tA1
law as was held constitutional tn
sofar as 1t denied exemptions e
citizens Of other states which ArG
v,taJ xr ~ rvyp rlfir0Ma tA.