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CONTROL OF THE TRUSTS.

• MR TAFT'S NEW. BILL. THE MAIN PROVISIONS. [Pbess Absocution-t-Copyrioht.] (Received Feb. 8, 10.55 p.m.) Washington, Feb. .8. Mr Taft's Federal Incorporation of Trusts Bill has been introduced. It enables corporations to secure a Federal charter, if they like,- thus -submit themselves to the strict supervision of the Bureau of Corporationa. , . , ■ lihough trusts are authorised to acquire property, they are debarred from acquiring the stock of other corporations. The administration believes that this will prevent stock manipulation of the Harriman type, but will permit normal industrial centralisation.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TC19100209.2.26

Bibliographic details

Colonist, Volume LII, Issue 12768, 9 February 1910, Page 3

Word Count
90

CONTROL OF THE TRUSTS. Colonist, Volume LII, Issue 12768, 9 February 1910, Page 3

CONTROL OF THE TRUSTS. Colonist, Volume LII, Issue 12768, 9 February 1910, Page 3

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