OCR Text |
Show URGES REPEAL OF ANTITRUST LAW NKW YORK, Dor. IS. Rppeal of the Sherman anti-trust law as inimical to foreign for-eign trade expansion was urged before the American Manufacturers Kxport association associa-tion here tonight by Francis Sisson, head of a New York banking house, while Henry Y. Braddon, commissioner from Australia, pleaded for the development of a two-sided commerce between his country coun-try and tho I'niled States as a means of developing both. ; "Our business men can not adequately cooncrate outside the I'nited .States to (mild up our foreign commerce," Mr. His-son His-son declared, "if we are compelled to indulge in-dulge In costly and uneconomic competition competi-tion witli in our borders. We shall deny ourselves the full advantage of the Webb law, which permits combinations of exporters ex-porters to promote foreign trade, if we maintain the anti-trust law." 'I'll is statute, the banker asserted, was inspired by the "political ambitions of scheming demagogues," who had "taught, the public to regard any combination of i business interests ad a menace." |