Salt Lake Telegram | 1931-09-26 | Page 3 | Agitation Renewed for Modification of Antitrust Laws

pation tation Renewed For Modification I Of Antitrust Laws t I lackS jackS Upon Certain Aspects Measures Center at of f White House Houser HOBERT BOBERT S. S PICKENS BI Sn r ted Press Staff Stat Writer Sept 26 5 of the antitrust wn been renewed In Washing Washing- I has In of the is' is certain aspects of the on fl t Si act have centered at the ft and have havo received r. r Its th than passing attention from det Hoover two days two leaders Ini in inn thin fl n construction construct on world world- i of the rt D. D Kohn ohn president of Architects Institute S F. F Abbott director rc of Ii 51 AmericAn Institute of Steel Con Con- baVe laid their com coin before the chief chic executive AbbOtt t declared that he did not notice antitrust laws la should hould prett pre pre- ice trade cooperation essential to tt st industry In maintaining wage ige cale and ond employment S WALSH OPPOSED speaking for tor the he Construe Construe- League of the United States 11 the laws should be modi- modi 4 j to eliminate drawbacks to the Ming trades At- At present ho add- add contractors could not riot nota fe a funds finds to Investigate the stand stand- r f of concerns offering bids bide on tr projects Despite this agitation however ator Walsh WIsh Democrat Montana lefts congress at Its next session J 6 cot repeal the antitrust laws as business suns sons of reviving revising Pr Resident r Hoover himself Is not riot satisfied with the present laws Jaws In his last lost public trance erance ce on the subject contained he be saidI said said- saidI i message to congress I t recommend that congress In- In ute RitS ut an Sn inquiry Into some aspects the economic working of the these e n. n I do not riot favor or repeal of the ac act The prevention o of poles is of most vital public Competition is not only basis buls of ot to tho the conr con- con arbut r but is the Incentive to i s OVER WANTS INQUIRY However the interpretation of ofU sc U laws b by the tho courts the changes business especially in the eco- eco alc effects upon those enter enter- sod ses closely related relate to the use of resources of the country ke ie such an inquiry advisable The producers of there the materials material ert eli that certain unfortunate re- re 5 j of wasteful and destructive e use these natural resources together h b destructive competition which both operators and cannot be remedied because the prohibitive interpretation of antitrust laws Jaws t It r. th therefore suggest that an inTI In In- TI rr rybe be directed especially to the thed thet ct d t of ot the workings of the anti anti- it t laws in these particular fields if It these evils evUs can be beed ed without sacrifice of the purpose of these laws Jaws e e oil industry has resorted to Interstate compact In its effort control production without vior yb- yb Ig r the antitrust statutes The 1 I Industry is contemplating the thee Je move e e