The Annals of the American Academy of Political and Social Science, Volume 82

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A.L. Hummel, 1919 - Political science

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The scanning of this book is extremely poor. Most pages are cut off at either the left or right side, enough in many cases where is is very hard or impossible to determine the verbiage that is missing. This makes the PDF version close to useless for many pages. One would think that Google would have better quality control. 

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Page 213 - Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal. Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a misdemeanor...
Page 215 - Whenever it shall appear to the court before which any proceeding under section four of this act may be pending, that the ends of justice require that other parties should be brought before the court, the court may cause them to be summoned, whether they reside in the district in which the court is held or not; and subpoenas to that end may be served in any district by the marshal thereof.
Page 214 - SEC. 4. The several circuit courts of the United States are hereby invested with jurisdiction to prevent and restrain violations of this act; and it shall be the duty of the several district attorneys of the United States, in their respective districts, under the direction of the attorney general, to institute proceedings in equity to prevent and restrain such violations.
Page 217 - That authority to enforce compliance with sections two, three, seven, and eight of this Act by the persons respectively subject thereto is hereby vested: in the Interstate Commerce Commission where applicable to common carriers, in the Federal Reserve Board where applicable to banks, banking associations and trust companies, and in the Federal Trade Commission where applicable to all other character of commerce...
Page 128 - Employers must be unmolested and unhampered in the management of their business, in determining the amount and quality of their product, and in the use of any methods or systems of pay which are just and equitable.
Page 154 - ... and to direct and determine the use and disposition of any surplus or net profits over and above the capital stock paid in; and in its discretion the board of directors may use and apply any such surplus or accumulated profits in purchasing or acquiring its bonds or other obligations, or shares of...
Page 214 - When, therefore, the body of an act pronounces as illegal every contract or combination in restraint of trade or commerce among the several States, etc., the plain and ordinary meaning of such language is not limited to that kind of contract alone which is in unreasonable restraint of tr.ade, but all contracts are included in such language, and no exception or limitation can be added without placing in the act that which has been omitted by Congress.
Page 78 - Means for securing to the workpeople a greater share in and responsibility for the determination and observance of the conditions under which their work is carried on.
Page 226 - It demands such a commission only as an indispensable instrument of information and publicity, as a clearing house for the facts...
Page 221 - ... the lines would either engage in rate wars which would mean the elimination of the weak and the survival of the strong, or to avoid a costly struggle, they would consolidate through common ownership. Neither result can be prevented by legislation, and either would mean a monopoly fully as effective, and it is believed more so, than can exist by virtue of an agreement.

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