American Foreign Trade: As Promoted by the Webb-Pomerene and Edge Acts, with Historical References to the Origin and Enforcement of the Anti-trust Laws |
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Page 4
... ment . The second was enunciated by Senator Hoar , when he said " We are dealing with combinations whose only purpose is to extort from the community and apply to individual use , for the purposes of individual greed , wealth which ...
... ment . The second was enunciated by Senator Hoar , when he said " We are dealing with combinations whose only purpose is to extort from the community and apply to individual use , for the purposes of individual greed , wealth which ...
Page 26
... ment . Other favorable circumstances , however , affected the organization of trusts materially . Professional promoters and speculators seized upon the opportunity to unload industrial securities upon a public anxious to invest their ...
... ment . Other favorable circumstances , however , affected the organization of trusts materially . Professional promoters and speculators seized upon the opportunity to unload industrial securities upon a public anxious to invest their ...
Page 38
... ment , whatever its nature , with the Erie and New York Cen- tral railroads and their complete system of refineries and pipe lines were factors too strong to overcome ; and at the end of a bitter contest extending over six months the ...
... ment , whatever its nature , with the Erie and New York Cen- tral railroads and their complete system of refineries and pipe lines were factors too strong to overcome ; and at the end of a bitter contest extending over six months the ...
Page 39
... ment of business control was brought into complete working order by the election of these same trustees to fill the positions of directors upon the boards of the constituent concerns . The plan worked to perfection ; indeed , it cannot ...
... ment of business control was brought into complete working order by the election of these same trustees to fill the positions of directors upon the boards of the constituent concerns . The plan worked to perfection ; indeed , it cannot ...
Page 43
... ment of Justice to become accustomed to the new weapon Con- gress had provided ; but in the end it proved efficacious in pro- ducing a far - reaching reform . Common Law Inadequate . By the common law of England and the United States ...
... ment of Justice to become accustomed to the new weapon Con- gress had provided ; but in the end it proved efficacious in pro- ducing a far - reaching reform . Common Law Inadequate . By the common law of England and the United States ...
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Common terms and phrases
1See 64th Congress abroad agreement amended Anti-trust Act anti-trust laws apply approved asso authority banking bill board of directors British capital stock cartels certificate charter clause co-operation combinations commerce common common carriers competitors concerns Congress Consolidated Steel Corporation Constitution contract District domestic Edge Law export associations export business Export Company Export Trade Act Federal Reserve Act Federal Reserve Board Federal Trade Commission foreign countries foreign nations foreign trade Imperial Company important incorporated individual industry interests issued jurisdiction legislation manufacturers Member Companies ment methods of competition monopolies operation organization certificate pany parties person poration Porto Rico powers purchase purpose regulations Section selling company shares Sherman Anti-trust Sherman Anti-trust Act Sherman Law statute Steel stockholders territory thereof tion trust trust laws unfair competition unfair methods United violation vote Webb Law Webb-Pomerene Act Webb-Pomerene Law
Popular passages
Page 420 - An act to protect trade and commerce against unlawful restraints and monopolies...
Page 420 - It shall be the duty of the various district attorneys, under the direction of the Attorney General of the United States, to prosecute for the recovery of forfeitures.
Page 422 - That any person who shall be injured in his business or property by reason of anything forbidden in the anti-trust laws may sue therefor in any district court of the United States in the district in which the defendant resides or is found or has an agent, without respect to the amount in controversy, and shall recover threefold the damages by him sustained, and the cost of suit, including a reasonable attorney's fee.
Page 227 - We admit, as all must admit, that the powers of the government are limited, and that its limits are not to be transcended. But we think the sound construction of the constitution must allow to the national legislature that discretion, with respect to the means by which the powers it confers are to be carried into execution,, which will enable that body to perform the high duties assigned to it, in the manner most beneficial to the people.
Page 407 - Any person who shall be injured in his business or property by any other person or corporation by reason of anything forbidden or declared to be unlawful by this act, may sue therefor in any circuit court of the United States in the district in which the defendant resides or is found, without respect to the amount in controversy, and shall recover three-fold the damages by him sustained, and the costs of suit, including a reasonable attorney's fee. "Sec. 8. The word 'person,
Page 420 - States the sum of $100 for. each and every day of the continuance of such failure, which forfeiture shall be payable into the Treasury of the United States...
Page 406 - The several circuit courts of the United States are hereby invested with jurisdiction to prevent and restrain violations of this act ; and it shall be the duty of the several district attorneys of the United States, in their respective districts, under the direction of the Attorney-General, to institute proceedings in equity to prevent and restrain such violations.
Page 422 - That it shall be unlawful for any person engaged in commerce, in the course of such commerce, to lease or make a sale or contract for sale of goods, wares, merchandise, machinery, supplies, or other commodities, whether patented or unpatented...
Page 418 - ... to appear before the commission, or to produce documentary evidence if so ordered, or to give evidence touching the matter in question; and any failure to obey such order of the court may be punished by such court as a contempt thereof.
Page 415 - ... to the person to be served, or to a member of the partnership to be served, or to the president, secretary, or other executive officer or a director...