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Show ANTITRUST BILL 18 I ONCE MORE AMENDED I Washington, Aug. 31. Efforts t0 I make more stringent provisions of I tho Clayton antitrust bill against holding companies failed In the sen- I ate today, with a slnglo exception I The bill prohibits the organization of a holding company or the purchase I of stock by ono corporation in an- I other engaged In interstate commerce I when the effect of such may bo t0 substantially lessen competition. The I amendment accepted Btruck out the word "substantially,'' broadening the I scope of tho provision somewhat. Jm Senator Reed sought to prohibit all V holding companies and, stock purchases purch-ases in compotlng companies, but was voted down. Senator CummitiB offered offer-ed a similar nmendment, but excepting except-ing bunks and rallroad3, which also was defeated. An agreement was reached limiting iuturo debato to fifteen minutes for each senator on each amendment. |
