Boston Corruption Charges Press City Hall Reform Calls
Laurence Minot and Louis Brandeis lead a melee over alleged graft at City Hall in Boston. Noted ex Aldermen and business leaders push for reform, insisting evidence is hard to obtain and calling for changes in the system rather than prosecutions.
MENTIONED IN THIS ARTICLE
Laurence Minot
Mr. Minot
City Hall
Mr. Brandeis
Boston
Board of Aldermen
Tinkham
Unitarian Club
Minot
Louis D. Brandeis
William H. Lincoln
New League of Business
Lgrandeis
Merger Ruling on Railroad Trusts Sets Corporate Policy
A court ruling declares that collusive railroad mergers to restrain trade are unlawful. It asserts that even partial monopolies violate antitrust law and that corporate personality cannot shield actions by stockholders from legal scrutiny. The decision emphasizes real control over rates and traffic via stockholder voting and proxies.
MENTIONED IN THIS ARTICLE
Beck
Northern Securities Company
Aldermen urged specific charges over $2000 bribe claim
Laurence Minot accuses a board member of demanding a $2000 bribe and calls for naming the alleged offender. Aldermen Bolton Quigley Conley and Doyle offer cautious replies while Senator Dyar presses Minot to specify the name or drop the general accusation.
MENTIONED IN THIS ARTICLE
Minot
Bolton
Quigley
Mr. Minot
Mr. Brandeis
Aldermen
Conley
Common Council
Doyle
Board of Aldermen
Perlie A. Dyar
Laurence Minot
Northern Securities case upholds merger as lawful business unification
The court rejects claims that the Northern Securities arrangement aimed to suppress competition and Instead finds it a legitimate consolidation under modern leasing and merger practices. It notes the scheme created a Northwest commercial empire benefiting broad regions and that control by the securities company was incidental rather than the primary objective.
MENTIONED IN THIS ARTICLE
Ger
Griggs
Northern Securities Company
Hill
East
Middle West
Burlington
Defence of the Merger in Northern Securities Case
Counsel for Northern Securities argues the acts by the defendants do not violate the Sherman act. Points include state jurisdiction over railroads, the prima facie lawfulness of acts, indirect restraints not within the act, and constitutional questions about Congress restraining state-created corporations. The brief also notes government acquiescence for over 11 years in the merger issue.
MENTIONED IN THIS ARTICLE
Northern Securities Company
Griggs
Congress
Judge Day Praises Knox in Northern Securities Ruling
Assistant Attorney General William A Day praised Attorney General Knox after the U S Circuit Court decision in the Northern Securities merger case The ruling is said to reaffirm the people’s right to freedom from monopoly and the goal of ensuring competition.
MENTIONED IN THIS ARTICLE
Washington
William A. Day
United States Circuit
St. Louis
Northern Securities Merger
Northern Securities
Knox
Credit to Knox for Northern Securities victory, says Watson
D T Watson special counsel for the government credits Attorney General Knox for the victory in the Northern Securities merger case. He states Knox first analyzed the issue and advised the President to file suit, pressing the case bravely until the unanimous Supreme Court decision upheld him.
MENTIONED IN THIS ARTICLE
Pittsburg
Penn
Northern Securities
D. T. Watson
Knox
Northern Securities Company
Great Northern Railway Company
Northern Pacific Railway Company
President Hill comments on Northern Securities ruling
President Hill expressed dissatisfaction with the reports on the Northern Securities decision. He said information is too meager to determine how the ruling was reached and noted the company’s roads show good earnings, properties are paid for, and ownership remains undisturbed.
MENTIONED IN THIS ARTICLE
Minot
New York
Hill
Northern Securities
Northern Securities Company
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