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ANTI-TRUST LAW.

THE BEEF TRUST. APPLICATION FOR DISSOLUTION. Bj Telegripli-Fresi AsßooiaUon-OorjrlKht. I . „ . . New York, Mareb 22. ■ The Federal Grand Jury at Chicago has indicted the National Packing Company and subsidiary concerns on charges of violating the Anti-Trust law. .. .. .. ■. ~. , I. The ttjfcd States district attorney bas applied' for "dissolution of the Beef' irust, and has nn me d tho ■- National Packing Company, and'tho'Armour, Swift, and Morris Companies, I the individual directors; .'..■.. J d , J ? ry City last month instituted a prosecution gainst the directors of the Beef Trust, mckri--2&? 16 ""- J - 0- Armour and G. B. Swift on charges,of.depresaing.the nmZα ia™ €nhanc ing the: prices of cSrrespond. ■ent of the London "Dafly Chronicle" T 7 that « returns showed that food to a total value of £600,000,000 was being held '■£f V stores.-: The total.inckded 14,000,000 carcasses of !S% 25.00.0,000 ■α^zrzg'rf'W 0 iP* £5,000,000 wor& or nsn for the Lenten season.] ' ■ :■- ■.

PRESIDENT TAFT AND THE TRUSTS. "v

Writing on February 7 Mm ° f « ~^aSd£ Co &^ »™A tt « stnet supervision''of'.th, . Bureau of Corporations and to eveu stricter regulations.. They would ' ' f> TtongV authorised;to acquire property, they. f, he f, corporations. This,: it «+• ' Y ould P re Tent stock man pi-. ,nr S f B "? h M ■*$ late Mr. Harrinfan understood so well, and would same time, allow tho normal industrial centralmhon of corporate control, rnrl ; T 3 stnn genoy of the regulationi" imWt f- , Would found in the' iwtt r m T-f ous , and ■«»■«*■/■. the process. Lα tne meantime thTme'S proposal will obviously strengthen the ' position of the, Adnfinistratfon with '■ lt > ■■" , earnest of intentions in regard to the trust

P-alh^nl± bv^^* 0: ™*<™* ! is' ; expressed ' £tion Caa i t Par t ty , at + 4 last election.. It stands to-day an utterly ■ '■/**! far undebated and unthTff'"tP*, Siime » adds thtt, r£ii w ls^e: Btep since the Cinl..War toward tlw 'centralisation of government; to' whjch the '"Globe " supfortmg: the BiUT'feplies that n'nthority over corporations. is not lodged ISc ivening Post" and other newspapers attribute '.the Stock MaTketZ pression to other causes, : :;.' , "^

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19100324.2.60

Bibliographic details

Dominion, Volume 3, Issue 774, 24 March 1910, Page 7

Word Count
334

ANTI-TRUST LAW. Dominion, Volume 3, Issue 774, 24 March 1910, Page 7

ANTI-TRUST LAW. Dominion, Volume 3, Issue 774, 24 March 1910, Page 7