Salt Lake Herald-Republican | 1913-01-25 | Page 7 | Agree on Changes in Antitrust Law

t r 1 f AGREE ON CHANGES H IN ANTITRUST lAW I 1 Cummins to Prepare e Report if for or Senate Interstate Com Corn- Commerce merce Committee t Washington Jan 24 24 In favor of or several sC amendments to tho Sherman antitrust law ero practically decided upon today at an executive bf o of the Senate Senate- interstate Inter Inter- state commerce committee committee- held to discuss dis- dis cuss a report on the hearings during f 1211 and 1912 The committee too took no positive action action ac- ac tion b- b beyond bond ond requesting Senator Cum- Cum of Iowa to prepare its report but the discussion among among- the senators pres- pres prese cent e t Indicated that the members were in substantial agreement for an amendment amend- amend ment looking to the maintenance of or th the principle of or competition rather than the Ithe re regulation of monopoly as was strongly favored b by man many financiers md n i business men who gave save testimony There also appeared an almost unanimous unanimous jinous opinion in support of the con contention conten conten- ten ten- tion that the present I Ian a as S' S o a whole should not be bo disturbed but that changes should be in the form of sup sup- action to strengthen then the theurl url original intent of ot the law which is in In- In as fiS meaning t that all aU combinations com- com interfering with competition should be held illegal tIles Differences of or opinion arose In con- con with the discussion of or the su- su reme courts court's interpretation to the cf- cf d that the word reasonable should Ibe be considered in the law Somo Some members members mem- mem bers were iere opposed to that It is expected that Senator Cummins's report will pe c e presented at a meeting tin In about a week