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Show What Constitutes Violation of the Sherman Law? CONSIDERATION by congress of all antitrust legislation is recommended."" t by the chamber of commerce of the Cnited States as the result, of a referendum refer-endum vote of its affiliated trade and commercial organizations. Complete (j Wr tHtrik much of " returns from a referendum, made public pub-lic recently, show that the membership voted in favor of all four proposals advanced ad-vanced by a special committee which studied the subject. - The proposals and the vote follow : Congress should be asked immediately immedi-ately to consider the present situation of all statutes constituting our antitrust anti-trust legislation for, 1,543 ; against, 51. In consideration of existing antitrust anti-trust legislation there should be formu-intmn formu-intmn of standards of general business conduct to be administered by a supervisory body for, 1,159; against, 3SH. An enlarged federal trade commission should be made the supervisory . o'dy for, 1,102; against, 437. In view of the importance of the functions of the trade commission as they would exist the membership of the federal trade commission should be increased to nine for, 1,104; against 422. Some modification of the Sherman law seems desirable, not only to carry business over the period of readjustment, but for the permanent benefit of the country. Enlightened business men are not advocating the repeal of the low, despite some of its bad features; it is even doubtful whether congress could be persuaded to eliminate the provision designating any violation as a criminal offense. What is advocated is an amendment conferring upon some federal administrative admin-istrative agency the power to determine in advance whether a proposed agreement agree-ment or combination constitutes a violation of the law. As it is now the business man is more or less at sea. i |