RESTRAINT OF TRADE.

Dominion, Volume 3, Issue 712, 11 January 1910, Page 5

RESTRAINT OF TRADE.

ACTION AGAINST COMBINE.' ■ .By Teleeraph—Press Association—Oopyriuht. New York, January 9. ■The 'Federal Grand . Jury of New-.York has returned indictments; against.;. 150 members of: the .'■ Paperboard'. Maiiuiac.turers'. 'Association for forming-.a';.coni-. bination to' restrict trado. •

■ FEDERAL. INCORPORATION,• ■ Tho- cabled ; summary '-'-of' President Taft's Mossago to Congress, published yesterday,, stated: "While: no changes arfi proposed in th 6/ anti-Trust ;;hiw, ; Mi'.! iltift recommends /TetloraLincorporation, ' of largo' business enterprises. ; This.' is; cognised, as-a long i step forward.":: :, The: "New - Yore .Tribune" 5 anticipated this: development, when it fctated' the other- day ,that: "President Taft: contemplates ..urging the necessity for a Federal Incorporation Act, on the ground that, the Constitution": of tlie States guarantees' equal rights' for. the : citizens: of all; the States'in each State.' Mr. J. 'D. Kockefeller ' long-ago; declared that . the r .con- 1 fusion was bound to continue: so", long 1 as : a corporation created in one State, was; at 1 the mercy of 45 others." , "C , . Mr.vEockf oiler's Standard.; Oil '> Trust has - been prosecuted.' in 'a' number ofStates, 1 and; in some'of them the decision (mostly subject to; appeal) is against the Trust.The latest /instance concerns the.' Standard i Oil. Company;: of: New-; Jersey,; the' ; parent .or holding. company,' of, ;the Trust. and : its: ; subsidiary .. corporations/ The action - - brought by tlio Government in 1906 ,to dissolve the' Standard Oil' Companyof New. Jersey"was ■ decided last ; November .in • favour ! of the Government by Judge: Sanborn, 'of the: Missouri. Bisr ■trict Court, ' Judges ; Vandevantcr, , Hook, and Adams concurring." " The Trust: was ordered to bo dissolved,' unless it-appeals within Vthirty days .'(which: no ;'doubt ;;.it did). Appeal_ to the. Supremo Courtj.wiU. probably .take.a year.-;to : decide;_- . ' ■ "Judge i Sanborn (says a Ne'.v York correspondent) ; holds; that; the': Standard Oil -Company has been; a; monopoly'suppress--ing competition since. 1 ; 1879,' 1 • aii'd : consequently,: it rhas' been' violating- -ihe-.'.anti-' Trust law ever ernce it- was enacted m 1890, i The evidence ftlla' 10,000 pages.,-, The stock' of the Standard-Oil Company has beeriilittle affected byV'the decision,jfall-i ing 12J:points CaO (^188);' per '.vrllUattempts'to. phone with Mr. Rockefeller, at-Cleveland* andi gat' his opinion; on the: decision lmve. met / with the-response ;by •: the -telephone, company /that the ' Oil.lting liadylus telephone removed, v 'Watchmen, at; the. baT^igates'.refto*rtp«rt^..ati^ita.|toß. estate."-.V 'v'";