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Washington Evening Journal in Washington, Iowa

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Newspaper

Washington Evening Journal

Location

Washington, Iowa, United States of America

Date

Dec 05, 1911

Page

5

Taft Urges Anti-Trust Reform Not Repeal Today

President Taft sends a message to Congress urging continued enforcement of the anti trust statute and proposing new remedies. He discusses Supreme Court decisions in Standard Oil and American Tobacco cases, defending the law and rejecting broad judicial discretion. The message emphasizes dissolution as a remedy and outlines the complex reorganization of the tobacco trust to restore competition.

Supreme Court United States Standard Oil Trust American Tobacco Trust Standard Oil Supreme and Circuit New Jersey Company American Tobacco Company Liggett & Meyers Tobacco Company New Capital P. Lorillard Company R. J. Reynolds Tobacco Company British-American Tobacco Company Porto Rican Tobacco Company Corporation of United Cigar Stores Liggett & Meyers Lorillard Company Reynolds Company Belus Tobacco Trust Circuit Noyes Congress Powder Trust Circuit Court Department of Justice Bureau of Corporations Attorney General

Federal Charter Idea to Rebuild Trusts Under Law

A 1910s speaker argues against confis cation, endorsing injunctions and voluntary federal incorporation to restructure trusts. Proposes a federal charter system, supervised by a federal bureau, to reorganize disintegrated units into compliant corporations while preserving interstate trade and limiting holding companies.

Also Mentioned on This Page

Taft Federal Corporation Commission Senate House of Representatives Movement For Repeal Department of Commerce and Labor Tt Ag Comptroller of Currency Interstate Commerce Commission Fox St. Louis Republic
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