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Trusts and trustees--Law and legislation

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Hearings before the Committee on Interstate Commerce

Hearings before the Committee on Interstate Commerce

Part four of Hearings before the committee on interstate commerce starts part way through a hearing in which Mr. Martin answers questions from the senators regarding the dissolution of trusts and the consequences to stockholders. A statement of Andrew Jaritz begins on page 174 in which Jaritz presents his ideas and conclusions on the permanent and progressive habits of economic legislation and the need for economic principles. Jaritz suggests the government frame trusts within the context of the economy and work for the people to set reasonable prices and prevent waste by the producers and the consumers. The government could then profit from the savings and continue regulating and enforcing economic legislation by forming a new department of economic policy.

Collection

Library of Congress Manuscript Division

Creation Date

1911-11-17

Creator(s)

United States. Congress. Committee on Interstate Commerce

Trusts

Trusts

The highlighted article states that as long as “combinations of capital,” or trusts, break the law, limit trade and competition, and defraud customs, they must be brought to justice. Law suits are not enough, a new law or amendment to the Sherman Act is needed to provide the government with complete control to apply the law and leave no room for evasion. Other topics discussed in this clipping include ideals of character, peace, Uncle Sam, and measles.

Collection

Library of Congress Manuscript Division

Creation Date

1911-11-18

Creator(s)

Unknown

Letter from Charles J. Bonaparte to Theodore Roosevelt

Letter from Charles J. Bonaparte to Theodore Roosevelt

Attorney General Bonaparte provides President Roosevelt with notes and suggestions on his upcoming message. In particular he suggests modifications on portions relating to labor liability laws and employee compensation for injuries. Bonaparte also suggests removing the words “good” and “bad” from the portion on trusts, as certain trusts are claiming to be “good” trusts to avoid injunctions. He also provides comments on changing wording to avoid accusations of naming specific individuals, and on the language in the delicate sections about judges.

Collection

Library of Congress Manuscript Division

Creation Date

1908-01-22

Creator(s)

Bonaparte, Charles J. (Charles Joseph), 1851-1921