Association of Producers of Agricultural Products: Hearing Before a Subcommittee... on S. 43441920 - 69 pages |
Common terms and phrases
11 cents agricultural products asso BERRY capital stock Capper-Hersman bill CHAIRMAN charge ciations Clayton Act combination committee complaint consumer cooperative association cooperative organizations corporation cost of production course danger dealers Department of Justice distributing agency distribution of milk distributors district elevator company engaged evil farmers Federal Trade Commission fix prices FRAME going grain handle the products interstate kind legislation LYMAN MARSH matter milk producers mind monopoly National Grange old-line elevator organiza organized for profit packers produce milk producers of milk prosecution provisions purpose question raised raisins reason restrains trade restraint of trade rival business Secretary of Agriculture seems sell Senator BRANDEGEE Senator Capper Senator NORRIS Senator WALSH Sherman Act Sherman Antitrust Act Sherman law situation statement suppose terminal elevators terminal market thing tion TODD trade or lessens trust law unduly enhanced Volstead wheat words
Popular passages
Page 6 - That such associations are operated for the mutual benefit of the members thereof, as such producers, and conform to one or both of the following requirements: "First. That no member of the association 'is allowed more than one vote because of the amount of stock or membership capital he may own therein, or, "Second. That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum.
Page 60 - Nothing contained in the antitrust laws shall be construed to forbid the existence and operation of labor, agricultural, or horticultural organizations, 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...
Page 19 - Agriculture shall have reason to believe that any such association monopolizes or restrains trade in Interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced by reason thereof...
Page 6 - That persons engaged in the production of agricultural products as farmers, planters, ranchmen, dairymen, nut or fruit growers may act together in associations, corporate or otherwise, with or without capital stock, in collectively processing, preparing for market, handling, and marketing in interstate and foreign commerce, such products of persons so engaged.
Page 6 - ... to such an extent that the price of any agricultural product is unduly enhanced by reason thereof, he shall serve upon such association a complaint stating his charge in that respect, to which complaint shall be attached, or contained therein, a notice of hearing, specifying a day and place not less than thirty days after the service thereof, requiring the association to show cause why an order should not be made directing it to cease and desist from monopolization or restraint of trade.
Page 6 - That if the Secretary of Agriculture shall have reason to believe that any such association monopolizes or restrains trade in Interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced...
Page 6 - ... or restraint of trade. An association so complained of may at the time and place so fixed show cause why such order should not be entered. The evidence given on such a hearing shall be taken under such rules and regulations as the Secretary of Agriculture may prescribe, reduced to writing and made a part of the record therein.
Page 6 - The facts found by the Secretary of Agriculture and recited or set forth in said order shall be prima facie evidence of such facts, but either party may adduce additional evidence. The Department of Justice shall have charge of the enforcement of such order.
Page 6 - ... facie evidence of such facts, but either party may adduce additional evidence. The Department of Justice shall have charge of the enforcement of such order. After the order is so filed in such district court and while pending for review therein the court may issue a temporary writ of injunction forbidding such association from violating such order or any part thereof. The court may, upon conclusion of its hearing, enforce its decree by a permanent injunction or other appropriate remedy.
Page 6 - ... together with a petition asking that the order be enforced and shall give notice to the Attorney General and to said association of such filing. Such district court shall thereupon have jurisdiction to enter a decree affirming...