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Taft Defends Antitrust Statute and Trust Dissolutions
President Taft argues the Sherman Act is properly interpreted to condemn contracts and combinations restraining interstate trade. He cites Standard Oil and tobacco rulings, rejects claims of vague law, and asserts dissolution promotes competition, not confiscation, urging federal incorporation to streamline reorganizations.
MENTIONED IN THIS ARTICLE
Mitirach
Snoreme Court
Teloo Brent
Supreme
Circuit
New Jersey
New Jersey Company
Standard Oil
Standard Oi Trust
American Tobacco Company
American Tobaeco Company
Liggett & Meyers Tobacco Company
P. Lorlclard Company
Capital Bat
St. d. Reynolds Tobarco
Smeco
Elgurs
Soa
Teabee
Fw Oe
SLO
Liggett & Meyers
Lorillard Company
Reynolds Company
Porto Rican Tobacco Company
Congress
United States
Fales
Powder Trust
Circuit Court
Department of Justice
Supreme Court
Federal Corporation Commission
Department of Commerce and Labor
Interstate Commerce Commission
Republic
WM. H. Taft
White House