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
On appeal, the case went to the Supreme Court, where it was
argued in January, 1905, and decided on the 30th of the same
month. The Opinion of the Court, rendered by Justice Holmes,
with no dissent, affirmed, but modified, the decree of
injunction issued by Judge Grosscup; the aim of the
modifications being to give more definiteness to the decree.
"The defendants," said Justice Holmes, for example, "cannot be
ordered to compete, but they properly can be forbidden to give
directions or to make agreements not to compete. The
injunction follows the charge. No objection was made on the
ground that it is not confined to the places specified in the
bill. It seems to us, however, that it ought to set forth more
exactly the transactions in which such directions and
agreements are forbidden. The trade in fresh meat referred to
should be defined somewhat as it is in the bill, and the sales
of stock should be confined to sales of stock at the
stock-yards named, which stock is sent from other States to
the stock-yards for sale or is bought at those yards for
transport to another State."
_Federal Anti-Trust Decisions, 1900-1906,
Volume 2, prepared and edited by James A. Finch,
by direction of the Attorney-General
(Washington: Government Printing Office, 1907)._
COMBINATIONS:
Investigation by the Commissioner of Corporations.
On the 7th of March, 1904, the House of Representatives
adopted a resolution requesting the Secretary of Commerce and
Labor to "investigate the causes of the low prices of beef
cattle in the United States since July 1st, 1903, and the
unusually large margins between the prices of beef cattle and
the selling prices of fresh beef, and whether the said
conditions have resulted in whole or in part from any
contract, combination, in the form of trust or otherwise, or
conspiracy, in restraint of commerce among the several States
and Territories or with foreign countries; also, whether said
prices have been controlled in whole or in part by any
corporation, joint stock company, or corporate combination
engaged in commerce among the several States or with foreign
nations; and, if so, to investigate the organization,
capitalization, profits, conduct and management of the
business of such corporations, companies, and corporate
combinations, and to make early report of his findings
according to law."
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