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The 'Commoner.
6
VOLUME 3, NUMBER fcV
. -to?--.
K
A Democratic Substitute
(Continued from Pago 11.)
corporation, combination of corpora
tions, or association of individuals
empowored under this act to trans
act foroign or Intorstato business
whon such corporation or combina
tion of corporations or associations of
individuals has or attempts to mo
nopollsso or control tho manufacture,
production, or sale of tho same in
any manner whatever, and upon tho
dissolution of said monopoly to tho
satisfaction of the foreign and in
ternal commorco commission, the
president of tho United States is horo
by authorized to rcstoro tho import
duty upon tho commodity or com
modities which was or wero removed
or affected thoreby.
Sec. 0. That once in every year, on
a dato to bo determined by tho foreign
and intornal commorco commission,
ovory corporation, combination of
corporations, or associations of indi
viduals, ongagod in foroign or Inter
state commorco shall mako a com
plete detailed statement and report
to tho foroign and internal commorco
commission, showing tho resources
and liabilities of such corporation,
combination of corporations, or asso
ciations of individuals, such state
ment to show in dotall tho amount of
capital stock issued, how issued,
whothor fully paid or not, tho amount
of gross and not oarnlngs, and divi
dends paid for tho year prior to tho
dato callod for, togothor with all ex
penses, salaries of officers and em
ployes, and a comploto schedulo show
ing in dotall of what its assets are
composed, how ratod, said report and
statomont of condition to bo proparod
upon a blank form to bo furnished by
tho foreign and intornal commerce
commission, and to bo sworn to before
an officer empowored to tako such ac
knowledgements under the laws of
tho Unitod States or a state thereof,
and said report shall be published at
loast twico in tho logal newspaper
having tho largest circulation in tho
county whoro tho principal place of
business of said corporation, combina
tion of corporations, or associations of
individuals shall bo situated: Pro
vided, further, that to carry out tho
provisions of tins act tho foreign and
intornal commorco commission may
appoint qualified oxamlnors and ac
countants to investigate tho state
ments callod for, and tho accounts of
tho corporations or associations of in
dividuals making tho same, and called
for. under this act, at a compensation
to bo determined by tho foreign and
intornal commorco commission, and
tho said compensation shall bo
chargod to and colloctod from tho cor
porations or associations of individ
uals which are tho subject or subjects
of such investigations; and for tho
purposo of carrying out tho provisions
of this net tho foroign and internal
commerco commission, or their agents
and examiners, shall have froo accoss
to and bo entitled to comploto exam
ination of all books and accounts, of
whatsoever nature, for tho purposo of
lcooplng records kopt by such cor
poration, combination of corporations,
or associations of individuals that
may, in tho judgment of tho foreign
and internal commerco commission,
bo required to bo investigated.
Sec 7. That whoever knowingly
shall swear or affirm to a statement or
report callod for from a corporation
combination of corporations, or asso
ciations of individuals by tho foreign
and intornal commerce commission
under tho provisions of this act or
who shall knowingly swear to an an
swer to any inquiry on nn examina
tion held to carry out tho provisions of
this act that is falso in any material
particular, such person shall be
.deemed guilty of perjury and pun
ished as provided in section fif ty-threo
hundred and ninety-two of tho rovisod
statutes of the United States. Who-
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'Tis not more weapons that he needs, but a competent Huntsman.
ever shall proparo or cause to bo pre
pared a report or statement that is
falso in any material particular, as
aforesaid, shall bo deemed guilty of
subornation of perjury, and punished
as aforesaid. That all corporations,
combinations of corporations, or as
sociations of individuals engaged in
foreign or interstate commorco who
shall attempt to engage in such busi
ness or commerce without first com
plying with tho conditions of this act
and obtaining from tho foreign and
intornal commerce commission a fed
oral license empowering them so to
act shall pay annually on tho thirtieth
day of Juno of each year to tho sec
rotary of tho treasury of the United
States a tax equal to ten per centum
upon its capital stock issued and out
standing: Provided further, that if
any corporation, combination of cor
porations, or associations of Individ
uals engaged in foroign or interstate
commerco at tho passage of this act
shall hereafter Issue any stocks, bonds
or certificates of capitalization in ex
cess of tho actual cash valuo of tho
money invested or property or prop
erty rights owned by the said cor
poration, combination of corporations
or associations of individuals, tho
above facts to bo determined by tho
foreign and intornal commerco com
mission after a thorough investiga
tion, all such stock or evidences of
capitalization issued in excess of
actual values in -possession of the
aforesaid corporation, combination of
corporations, or associations of indi
viduals shall be subject to an annual
tax of ten per centum of their faco
value, to be paid into tho treasury of
tho United States on the thirtieth day
of June of each year so long as the
same shall remain issued and out
standing. If the taxes enumerated in
this section shall remain unpaid for a
period of sixty days after the same
shall become due as herein provided,
an action of debt may be maintained
therefor in the name of the United
States againBt such corporations, com
bination of corporations, or associa
tions of individuals for tho recovery
thereof. Said tax is hereby made a
first lien on all tho property and es
tate of all such corporations, combina
tion of corporations, or associations of
individuals. That the manager or
president, or other controlling officer
or director, of a corporation, or com
bination of corporations, or associa
tions of individuals who shall be re
quired under tho provisions of this
act to mako return and statements
showing its condition, as provided for
in this act, to the foroign and internal
commerce commission, and shall fail
to make and return the same with'n
thirty days' from the date determined
by tho foreign and internal commerco
commission, shall ho subject to a fine
of not less than five thousand dol
lars nor exceeding fifty thousand dol
lars and it shall be tho duty of the
attorney general of the United State3t
at the request of tho foreign and in- -.
ternal commerco commission, to en
force the provisions of this act Suit
at law may be brought against any
corporation, combination of corpora- ,
tions, or associations of individuals, or
their officers, in the courts of tho
United States, in the district where
such corporation, combination of cor-
porations, or associations of individ
uals have an office or place of busi
ness, for the purposo of tho collection
of any fines or penalties imposed un
der the provisions of this act
Sec. 8. That this act shall take ef
fect from and after the dato of its
passage.
Sec. 9. That all acts or parts, of acta I
heretofore passed which may be in
conflict with this act are hereby re-'-
pealed. J - rt
On January 30 tho legislature of' '
Wyoming adopted a memorial , to
hoofbUi iDg th omnibus state--:
Headache Cured
and prevented by Dr. Miles' Anti- ,
rain rills, uncqualed for neuralgia,
froo book tr;uNoT('r BOid n blk, Bond tat
25conu 8nmcuro of headache. VdcwS,
Dn ' M'fiflKUMattteed by alldruKKlsE. I
ua, Muss Memqal Oo Elkhart, InS! -
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