Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1913 edition. Excerpt: ... In every instance the court held, under a very literal and somewhat strained construction, that the statutory right to apply for injunction relief pertained solely to the Federal Government, operating through the Department of Justice. Summarizing the results obtained in public prosecutions, as well as in private suits, brought under the anti-trust statutes, it will readily be observed that the actual gains are far from satisfactory to the moving parties. It is true a number of powerful combinations were dissolved; but their separate units almost universally continue under the old ownership and control; and instances exist where there is ground for belief that the "overhead" charges for administration are increased by duplications of official staffs, and that some measure of economic waste has resulted from the enforcement of the separatistic dogma inherent in the Sherman Act itself. We do not in the least dispute the correctness of the attitude that where principles are involved, minor considerations must yield precedence; nor would we gainsay the proposition that the public benefit is the paramount consideration. As in geometry, the whole is greater than any part, however large; and the interests of the commonwealth exceed those of an> individual. Still, inquiry naturally arises whether there is no middle course--no practical method--whereby corresponding or superior results can be obtained without involving the solution of questions of principle. In brief--is there no alternative route which affords us a fair prospect that commercial efficiency can be retained, without endangering the continuance of competitive conditions in trade? The answer to this natural and very pertinent query in found in certain recent Federal legislative...
