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About The commoner. (Lincoln, Neb.) 1901-1923 | View Entire Issue (Aug. 2, 1912)
.. t vfnr .;iip.5jpVN. ft 10 The Commoner. VOLUME 12, NUMBER 30 If y --r-t-vrf iypw . it It, jfMrvr fa. ' vii It IV F v R' klic Learn How Oklahoma makes Bank Deposi z tors Safe Our Now Booklet now being mailed on request. I'rlomlH of thl.s rolorm cnn materially aid In In general adoption iw well an mscwo tlicnisolvra from nil liosAlbln Iosh by opening nil account with tho Uunrnnty Htnto Hank. "4 per cent Interests on Time Deposits and Savings Accounts, G, Haskell, Proa, H. E. Davis, Ass't Cash. Muskogee, Okln. Four yoars successful operation.- M, It In (lie hvni policy holder' coin puny In (lie If n lied S(ii(cn. ASSETS, $5,300,000 Twcnty-flve yctim olil. Write The Old Line Bankers Life Lincoln, Ncbrankn THE I1RST FARM DOG AIREDALE TERRIER The most Intelligent, tho gamest and most companionable of dogs. "Will keep your farm clear of all destruc tive wild animals. Aro natural hunters and guardians of children and farm animals. Pure bred stock for sale. HALSTEAD FARM KENNELS, South 1 In veil, Mich. PATENTS Watson E. CoIcm.n Patent Lawyer, Washington, D.C. Advice and boolut f ree. Rates reasonable. Hlaheat relorencco. Beatscrvlcwi HAT PEVEB REMEDY fent by all fIH It! 0 ?Dr8Ba to you on Free Trial. If MfcIIIllIiff "cures oend Si; if not, don't. PI V llllllflUlTO oxproas office. Wrlto today. 'AXXOHAI, 0HEMX0AL go., 40S Poplar 81,, Bidaay, Ohio P A I1 K W V S skcukkd okfku JL im. J. Mil SX A. & KKTUKNKD. Froo report as tb Patentability Illustrated Cluldo VIIVa.111"1 ilBt or Inventions Wanted, sent Iroo. VICTOK J. KVANH & CO., Washington. D.O. DON'T PAY TWO PRICES r wroH.ootoBS3.OOon IHoosier Ranges and Heaters W wnynoDuymouHwhonyoa iMBbuy them at ouch loir un- -w jiuutwi m M wmumt apiu.- eardo Factory prices. ahaoltltalv tuirriima anv thlnr ever produced. ltQrotnhnTvnni1ntn. fnnl. ThUivfl.ni f i-i . -" w "(o imu uiai in your oirn home before you uuj. jb vuia Boaiai xoaay Tor lareaTraaeatalogand prleaa. 101 State t. fariea. Ia3. ' Don't Wear a Truss -0ft?T.? PIASTB;ADS aredlff.rcni HrV4S. twmtnotruii, being mtdlelno appll. w hold thoparuieourclr la pUco. I not ilip.to eaa uot chafe or comprtta obltlnata cum mmj!. ThnM. ...... ti.naiiiM...h.l1. ....-. .. ..-.-i4.,v.iuii7 tniou lucrasciTcB I at homowlthouthlndraaeo from work. BertaiTel atV Mmb Loorerr It natural, to no further ut for tmu. JIWS----'- Awnle4 Gold Medal. Wo pror what wo PLAPAO LABORATORIES, Block 64 St. Louis, Ma. Ham FRE iirr: jm'ca rL-j.m L 1 iddreii , .....,, Katara mall will brinx froo Trial Flapao EYEGLASSES NOT NECESSARY That tho oyos can bo strengthened so that eyeglasses can bQ dispensed with in many cases has been proVen beyond a doubt by tho testimony of hundrods of people who publicly claim that their eyesight has been restored by that wonderful little in strument called "Ac tina." "Actlna" is a rellablo remedy for "Weak Eyes, Granu lated Lids, Iritis, Ca taracts, etc., without OUttintr or nriiGrclnir. Over 90,000 "Actinas" nave been sold; thereforo Actlna Is not an experiment. "Actlna" can be used with perfect pafety by every member of tho family for any affliction of the eye, ear, throat r head. Send for our FREES TUIAI offer and valuable FREE BOOIC Address Ac tlna Appliance Co., Dept. 351N. 811 Walnut St., Kansas City, Mo. SHBiati THE STANLEY COMMITTEE IlEPOKT (Continued from Page 7.) fendants aro a corporation, the stock holders thereof, from purchasing at such sale. "Clause (c) is likewise designed to expressly grant or confirm to the court the power which tho circuit judges in the tobacco case failed to recognize or declined to exercise, namely, the power to prohibit in the future on behalf of tho defendants acts which would tend to prevent the restoration or maintenance of com petitive conditions. "Clause (d) is designed to make clear the power in the court in a gov ernment suit to give full relief. It frequently happens that as a part of the illegal operations of the trusts many contracts are entered into which are actually illegal. The de cree on behalf of the government would, under the present law, leave the legal position of those contracts unsettled. Tho other parties to such contracts, persons who are frequently in intent wholly innocent and have entered into the contract practically as a condition of engaging in busi ness, ought to be able to have a judi cial declaration that they are re lieved from obligations of the con tract; and it is also often important to the obtaining of full relief that the contracts themselves should be deolared void. For instance, ques tion arises as to the legality of the existing leases of the United Shoe Machinery company, the leases of which have been the main instru ment of the monopoly. When the government reaches a decree in the pending suit the court ought to have the power to declare that these leases are invalid. In other words, that the defendants have no right to enforce them, which would put the lessees in a position of disregarding the leases if they saw fit. Clause (d) therefore expressly confers upon the court the power to declare as against the defendants themselves that such contracts are in restraint of trade and void." RAIL AND STEAMSHIPS Here is the text of the Stanley committee bill divorcing all railroad and steamship lines from industrial corporations engaged in interstate commerce: "A bill to regulate the ownArahin of common carriers engaged in Inter state and foreign commerce and the shipment of articles in interstate and foreign commerce over the lines of transportation operated by such carriers, and for other purposes. "Be it enacted by the senate and nouse or representatives of the United States of America in con gress assembled: "Section 1 That from and after the day of it shall be unlawful for any person, com pany, firm or corporation enirftfrfi in mining or manufacturing products of any kind or description, which are or shall be transported In interstate or foreign commerce by common carriers subject to the provisions of the act to regulate commerce, approved February 4, 1887, as amended, to own, in whole or in part, directly or indirectly, by stock ownership or otherwise, any rail road or other line of transportation, or tho property of either of any com mon carrier subject to the provisions of said act. "Section 2. That from and after ...... day of it shall be unlawful for any person, company, firm or corporation who, or which owns, holds, or in any way controls a majority of the capital stock of any other corporation, engaged in operat ing a line of transportation as a com mon carried, in the transportation of passengers or property .wholly by railroad (or partly by railroad and partly by water, when both are used under a common control, manage ment or arrangement for a continu ous carriage or shipment) from one state, territory or district of the United States, or from one place in a territory to another place in the same territory, or from any place in tho United States to an adjacent foreign country, or from any place in the United States through a foreign country to any other place in the United States, or engaged in like manner in tho transportation of property shipped from any place in the United States to a foreign coun try and carried from such place to a port of transhipment, or shipped from a foreign country to any place in the United States and carried to such place from a port of entry either in the United States or an ad jacent foreign country, to operate, pr in any manner or by any means, par ticipate in the operation, in whole or in part, of such line, or to ship over such line in interstate commerce any article or commodity bought, sold, manufactured, mined or produced by, or under the control of, or owned in whole or in part by, or in which any interest, direct or indirect, whether by stock ownership or other wise, is held by any such person, company, firm or corporation so own ing a majority of capital stock. PASSENGER TRAFFIC "Section 3 That the provisions of this act shall not be so construed as to apply to the transportation of pas sengers or property, or to the re ceiving, delivering, storage or handl ing of property wholly within one state and not shipped to or from a foreign country from or to any state or territory as aforesaid. "Section 4. Any person, company, firm or corporation violating any of the provisions of this act shall be deemed guilty of a misdemeanor, and for each offense, upon conviction, shall pay to th.e United States a penalty of not less than. dol lars, nor more than dollars; and in case of a continuing violation, each day of such violation shall be held to be a separate offense. "Section 5 Jurisdiction of offenses under this act shall be the same as that provided for offenses in an act entitled 'An act to further regulate commerce with foreign nations and among the states,' approved Febru ary 19, 1903, and any amendment thereof. When this hill is formally reported by the judiciary committee for pass age the dates and amounts of fines will be filled in. Here is the text of the Stanley committee bill designed to break up the system of "interlocking direc torates:" "A bill to prohibit persons engaged in the manufacture and sale of rail road cars, locomotives, railroad rails and structural steel, or in the min ing and sale of coal, from becoming directors or other officers or em ployes of railroads engaged in inter state commerce. "Be it enacted by the senate and house of representatives of the United States of America in congress assembled, That from and after June 30, 1913, no person who is engaged as an individual or as a member of a partnership, or as a director or other officer, or an employe of a cor poration in the business, in whole or in part, of manufacturing or selling railroad cars or locomotives, or rail road rails or structural steel or min ing and selling coal shall act as a director or other officer or employe of any railroad company which con ducts an interstate commorce busi ness. "Section 2. That any person who shall be guilty of a violation of this law shall be punished by a fine of $100 a day for every day during which he shall act as a director, officer or employe of the railroad company, or by imprisonment for such period as the court may desig nate, not exceeding one year, or by both such fine and imprisonment, in the discretion of the court." Representative A. O. Stanley be lieves that the report of his commit tee on the United States Steel cor poration is the greatest achievement of his life. He has worked on it as few men have worked in the history of congress. He has literally lost forty pounds in weight since he be gan to write the report. He has seen almost no one except the members and employes of his committee for four months. He has shut himself in a room in the house office building from early morning until midnight, scarcely taking time to eat. Miss Minnie Mahler, of Henderson, clerk to the committee, has been his con stant assistant. The report is regarded as a master piece of legislative workmanship. The simplest and most lucid lan guage has been employed. It reads more like a romance than a legal document. In addition to this Mr. Stanley has spent days preparing a speech which he will deliver to the house when he presents the report. It will be the effort of a lifetime and will consumo one entire day's session of that body. Mr. Stanley sincerely believes lie and his democratic colleagues have hit upon the right solution of tho great trust problem in this country. If the democratic party and" the coun try do not agree with him he will be greatly disappointed. He believes he has done his .best' to perform the task which the democrats of the house allotted to him. Mr. Stanley said tonight: "As shown by statement of Mr. Carnegie and others, 'the steel cor poration makes about $13 a ton profit on each ton of-steel manufac tured. This is dpuble the amount made by any independent companies. These profits are due almost entirely to the advantages which the steel corporation obtained either as an owner of railroads or in preferential rates froni other lines. For that reason, the question of remedy re solves itself into a transportation problem. Whenever the steel cor poration is deprived of the right to operate common carriers, receive di visions of rates or terminal allow ances, in other words, whenever it must tender its freight on the same conditions as any other shipper it will be deprived of the means by which it has obtained inordinate ad vantages over competitors. "The amendment to the Sherman anti-trust act 'defines specific offenses of which interstate corporations have been guilty, placing them within the prohibition of the law. The trouble hitherto has been that this act is so general in its terms that it is often Impossible for courts to declde at least, courts have not decided it, that certain specific acts constituted an unlawful restraint of trade. If this pill is passed It would not be left to the discretion of the court to re view the whole course of a corpora tion's acts or to say whether a great concern doing an interstate business has unreasonably restrained trade, ir it has been guilty of certain spe cific acts, they by the law are made an unreasonable restraint of trade. This puts the corporation upon no tice of the things which it can no longer do, and if it does, then it leaves without excuse for the viola tion Of the law WhfiTl Ttvnucrlit !.!.. courts of justice either in suits for dissolution or for any other purpose." FEDERAL SUPERVISION Over trusts Favored by Littlctoa Minority Report Washington, July 2 2. Represent tative Martin Littleton, of Now York t iwwiwfeifeii JlbJMjiuuaattaL