Deseret Evening News | 1903-01-09 | Page 4 | Senator Hoar's Trust Bill

Bm T HILL BiLL San Francisco Chronicle Senator Hoar lion haa Jl iv Introduced il tl bill JIll which seems to us Ui 11 a H real contribution lion tion to time tha t of or tho time subjugation of ot the hA trusts Jn In J the first place ho lo hohas has hos hit hilt upon a n definition which certainly cannot bri he b called scientific amid to which ns hll to any nn possible definition real objections will probably appear but Jut which does doeR In fact get probably all nil tho lie corporations cor which we lire are titter after antI Is H not likely to injure any others Tho The Hoar loar bill deals italy with corpora corporations whose stockholders are not nol per lier personally ier liable for Cor heh debts That Taut will Mill set Ret nil all th tM New Jersey Ions tlona and amid will vIII bu hJ quite lIuI to start with As to io these the bill pro hire provides vides ides that blunt their th Jr products pro shall not nol en on enter erter ter interstate C r c at all nil until tho tIme corporation have complied compiled with the requirement enta df tf ii time the bill and for tor formally mally agreed to accept and amid be he hound bound by b all nil Its It provisions That would seem se mn to lo out till all constitutional questions except the general power of ot Congress to require such conditions Kansas I an a City Star Hut after atter nil alt publicity Is unit and can be he only n a 1 means menns to nn an end cud White While water greater rent r publicity Is I much to bo he desired the Llio evil oll of ot this thin time theme Is not HO so much a n alack lack of or knowledge as liS a failure or InabilIty Ity lIy to net act on the Information that Is current The only restrictive r measure proposed by b Mr tIr Hoar linac Is h one relating to o the cutting of ot prices for fog the purpose vUro of ot ruining competitors 0 Los Loa Angeles Express Should Senator enat Hoars Hoar bill hili become i ilaw t In law 1 there thero Is la likely to so no we e a n lot of or work almond ahead for Cor the sup court Lawn to regulate commerce commer are arc necessary III but the record of oC legislation upon ullon the sub Ruh loot jeet Is la not reassuring reo When England l nm first began its lis Industrial In career It was 09 to legislate upon new comb condi conditions lion Just as ns nt at the hue present time Up Vp to 1820 1870 there were vere 2000 laws hans upon the th statute books to tor trade tralle and many maim were vere not backward In saying that each ach was nn nm unmitigated evil