The Trust Problem in the United States

Cover The Trust Problem in the United States
The Trust Problem in the United States
Eliot Jones
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2 Cong. Record, March 25, 1908, p. 3854. TRUST LEGISLATION TO 1914 329 would not be tolerated in any court in the country. ^ The Senate thereupon accepted the recommendation of the committee that the bill be postponed indefinitely. - This bill was the only one proposing to amend the Sherman Act that was reported out of committee during the period inter- vening between the enactment of the 1903 legislation and the close of the Roosevelt administration in March, 1909. The only tangible evidence g...iven by Congress of interest in trusts was in the passage of several resolutions of investigation. Among these were a joint resolution, approved by the President on March 7, 1906, instructing the Interstate Commerce Commis- sion to make examinations into the subject of railroad discrimi- nations and monopolies in coal and oil; ^ a resolution of the Sen- ate directing the Attorney General to furnish it with a statement of all suits instituted by the Department of Justice under the Sherman Anti-trust Act and the Interstate Commerce Law, and the disposition made of the suits; ^ a resolution of the Senate directing the Secretary of Commerce and Labor to investigate the causes of the high price of lumber, and to determine whether there was a combination or trust in the supplying thereof; ^ and the passage by the House of a resolution to appoint a committee to investigate the paper industry, and to inquire whether there was a paper combination.

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