The Trust Problem |
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Common terms and phrases
advantage agreement amended American Sugar Refining American Tobacco Company amount anti-trust laws bination capital stock cash cent certificate chart Commission common carrier common stock competitors considerable consumers contract cost of refining course crude oil directors Distilling dividends effect employees establishment fact Federal Federal Trade Commission increase index number individual industrial combinations interest International Harvester Company issued Jersey labor legislation lessened manufacturers margin ment monopolistic monopoly natural monopoly officers organization output paid pany period person petroleum plants poration practically preferred stock price of steel probably profits promoter provisions purchasing power railroads raw material raw sugar refined sugar refineries restraint of trade result rivals secure seems selling shares Sherman Act Standard Oil Company steel billets Steel Corporation stockholders Sugar Refining Company thereof tin plate tion Trust trust laws United States Steel violation wages wire
Popular passages
Page 439 - An act to protect trade and commerce against unlawful restraints and monopolies...
Page 279 - ... instituted for the purposes of mutual help, and not having capital stock or conducted for profit, or to forbid or restrain individual members of such organizations from lawfully carrying out the legitimate objects thereof; nor shall such organizations, or the members thereof, be held or construed to be illegal combinations or conspiracies in restraint of trade, under the antitrust laws.
Page 452 - 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. Such proceedings may be by way of petition setting forth the case and praying that such violation shall be enjoined or otherwise prohibited.
Page 413 - 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 441 - 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 438 - States, and shall be subject, upon conviction in any court of the United States of competent jurisdiction, to a fine of not less than $1,000 nor more than $5,000, or to imprisonment for a term of not more than three years, or to both such fine and imprisonment.
Page 410 - Nor shall anything contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or extensions thereof, or from owning and holding all or a part of the stock of such subsidiary corporations, when the effect of such formation is not to substantially lessen competition.
Page 459 - That this right shall not apply to contempts committed in the presence of the court or so near thereto as to interfere directly with the administration of justice...
Page 440 - ... unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality...
Page 413 - Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a misdemeanor...
Bibliographic information
| Title | The Trust Problem |
| Authors | Jeremiah Whipple Jenks, Walter Ernest Clark |
| Edition | 4, revised |
| Publisher | Doubleday, Page, 1917 |
| Original from | Harvard University |
| Digitized | Feb 11, 2008 |
| Length | 499 pages |
| Export Citation | BiBTeX EndNote RefMan |