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Anaconda Standard in Anaconda, Montana

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Jan 08, 1910

Page

7

Federal action urged to shield large firms from interference

A presidential proposal urges federal control of interstate commerce regulation to curb undue interference with large corporations. It supports creating a United States Court of Commerce with five judges to review Interstate Commerce Commission orders, specifying cases of enforcement, injunctions, and mandamus, and seeks centralized federal oversight under the Attorney General.

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President Taft's stance on interstate commerce reform

Taft pushes for strengthening federal power to curb abusive corporate practices. He urges amendments to empower the Interstate Commerce Commission to investigate rate increases, require reform, and curb monopolistic actions while preserving legitimate competition and state functions.

Federal plan to curb monopolies and regulate interstate trade

The text argues for a general federal law to form corporations for interstate and international trade, regulate their stock and property values, require full disclosures to a federal department, and prohibit holding stock in other corporations to prevent national monopolies.

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