Violations of Antitrust Act of 1890: Hearings Before the Committee on Rules of the House of Representatives on House Resolution No. 139, to Investigate Violations of the Antitrust Act of 1890Considers (62) H. Res. 139, (62) H. Res. 29, (62) H. Res. 813. |
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absorption amalgamated association American Steel American Tobacco American Tobacco Co Andrew Carnegie Apollo Attorney Birmingham board of directors borough burgess capital stock Carnegie Steel Carnegie Steel Co cent CHAIRMAN chief of police Coal & Iron combination in restraint committee common stock competition competitors concern Congress cost courts dividends employees Exhibit F. T. F. Lovejoy fact Federation of Labor hold House interest Iron & Railroad iron and steel J. P. Morgan Judge Gary KINDEL labor meeting Lake Superior Leechburg LENROOT Lindquist manufacture MARTIN Martins Ferry mill monopoly Moore & Schley Morgantown organization paid panic party pig iron Pittsburg plants present President profits purchase resolution restraint of trade Schwab Senate Sherman Antitrust Act STANLEY statement Steel Corporation steel industry steel rails Steel Trust street Tariff Hearings Tennessee Coal Tennessee company Tin Plate tion tons United States Steel Vandergrift violation Wire
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Page 38 - SEC. 4. 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 48 - Any officer elected or appointed by the board of directors may be removed at any time by the affirmative vote of a majority of the whole board of directors.
Page 64 - To manufacture iron, steel, manganese, coke, copper, lumber and other materials, and all or any articles consisting, or partly consisting, of iron, steel, copper, wood or other materials, and all or any products thereof.
Page 54 - York that it will be an important factor in preventing a break that might be ruinous ; and that this has been urged upon them by the combination of the most responsible bankers in New York who are now thus engaged in endeavoring to save the situation. But they asserted they did not wish to do this if I stated that it ought not to be done. I answered -that while, of course, I could not advise them to take the action proposed, I felt it no public duty of mine to interpose any objections.
Page 42 - Again, all the authorities agree that in order to vitiate a contract or combination it is not essential that its result should be a complete monopoly ; it is sufficient if it really tends to that end and to deprive the public of the advantages which flow from free competition.
Page 28 - ... per cent of the steel properties, and that this purpose has been persevered in for several years past, with the object of preventing these accusations, and as a matter of fact their proportion of steel properties has slightly decreased, so that it is below this 60 per cent, and the acquisition of the property in question will not raise it above 60 per cent.
Page 46 - To engage in any other manufacturing, mining, construction or transportation business of any kind or character whatsoever, and to that end to acquire, hold, own and dispose of any and all property, assets, stocks, bonds and rights of any and every kind...
Page 11 - No scheme or device could more certainly come within the words of the act — "combination in the form of a trust or otherwise ... in restraint of commerce among the several States or with foreign nations," — or could more effectively and certainly suppress free competition between the constituent companies.
Page 45 - We, the undersigned, in order to form a corporation for the purposes hereinafter stated, under and pursuant to the provisions of the Act of the Legislature of the State of New Jersey, entitled "An Act Concerning Corporations (Revision of 1896...
Page 26 - The statute of 1843 reads : — ' Any slave or slaves brought or imported into this State, con' trary to the laws of the United States in such cases made