History for ready reference, Volume 7 : $b Recent history (1901 to 1910)Larned, J. N. (Josephus Nelson)
History
History for ready reference, Volume 7 : $b Recent history (1901 to 1910)
Larned, J. N. (Josephus Nelson)
History -- Dictionaries
COMBES, Justin Louis Émile:
Vindication under scandalous charges.
See (in this Volume)
FRANCE: A. D. 1904 (JUNE-JULY).
--------COMBINATIONS, INDUSTRIAL AND COMMERCIAL: Start------
COMBINATIONS: AUSTRALIA: A. D. 1909.
Decision of the Federal High Court on the Anti-Trust Law.
Prosecutions by the Government.
"The first case brought under the Federal Anti-Trust Law ended
in June last in a decision of the High Court to the effect
that two important sections of the Act were ultra vires, as
the Constitution only empowered the Commonwealth to regulate
foreign and inter-State trade and gave it no authority to
interfere with trade within a State. The Federal Government is
now instituting proceedings against 27 firms which are alleged
to belong to a coal combine trading with other countries and
among the States of the Commonwealth. Each firm has been
called upon to answer certain questions under the Act in
question."
_Reuter Telegram,
Melbourne, September 27, 1909._
{113}
COMBINATIONS: Canada: A. D. 1909.
Merger of Dominion Iron, Steel, and Coal Companies.
Cement Combination.
The following is a Press despatch from Halifax, Nova Scotia,
November 13, 1909:
"The formation of the Canada Steel Corporation, the proposed
$70,000,000 merger of the Dominion Iron and Steel Company and
the Dominion Coal Company, was made possible by the agreement
of James Ross of Montreal, president of the Dominion Coal
Company, to transfer to a syndicate of Toronto capitalists a
portion of his holdings of the coal company stock. Final
arrangements regarding the stock transfer will be made here
to-day. President Ross owns coal company stock of a par value
of $5,000,000, and, although he does not dispose of all this,
he is to transfer enough to give control of the coal company
to the Toronto capitalists, who have already acquired a
controlling interest in the steel company. The plants of the
Dominion Iron and Steel Company and the Dominion Coal Company
are in Cape Breton, where they give employment to thousands of
men, and where they have caused little fishing villages to
spring up into flourishing cities."
Announcement of the completion of the merger was made in
December.
COMBINATIONS: CANADA: A. D. 1910.
Anti-Trust Bill in the Dominion Parliament.
A strongly constructed measure for controlling and regulating
commercial and industrial combinations, to check restraints of
trade and undue enhancement of prices, was brought into the
Dominion House of Commons on the 18th of January, 1910, by the
Minister of Labor, Mr. Mackenzie King, and its passage was
said to be assured. Mr King’s explanation of the Bill, as
summarized for the Associated Press, was as follows:
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account