The Great Round World and What Is Going On In It, Vol. 1, No. 36, July 15, 1897 - A Weekly Magazine for Boys and Girls by Various
page 24 of 42 (57%)
page 24 of 42 (57%)
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that it will be passed within a very few days.
An attempt has been made to put a provision against Trusts in the bill. The proposed clause would make it unlawful for people to combine together to restrain free competition or to increase the market price of materials. All materials unfairly increased in price are to be forfeited to the United States, and it is to be the duty of the Attorney-General to enforce all laws against Trusts, and to do all in his power to suppress them. It is thought that it will be difficult to add this clause to the bill, but every effort will be made to accomplish it. Mr. Sherman expressed himself very strongly on the subject of Trusts the other day. He said that in his belief the question of Trusts was the most important one before the nation to-day. He said that the Trust Law was not strong enough in its present form, and that he was in favor of making all combinations that restrained trade unlawful. He declared that even if the effect of Trusts was to lower prices, he considered them injurious to the public good, because they prevented competition and drove the smaller men out of business. The Tobacco Trust trial has resulted in a disagreement of the jury. |
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