Hearings Before the Committee on the Judiciary, House of Representatives, Sixty-fourth Congress, First[-second] Session: To promote export trade, and for other purposesU.S. Government Printing Office, 1916 |
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advantage agent American export trade American producers antitrust laws association big fellow CARLIN CHAIRMAN Chamber of Commerce Clayton Act combination abroad committee common selling compete concerns CONGRESS THE LIBRARY consumer contracts cooperative corporation cost domestic price domestic trade EDWIN Y effect European export business Federal Trade Commission fix the price foreign business foreign buyers foreign combinations foreign countries foreign markets foreign price Foreign Trade Council German going gold reserves HURLEY IGOE Imperial Tobacco industry interposing legislation LEWIS LIBRARY OF CONGR LIBRARY OF CONGRESS little fellow methods of competition monopoly MORROW National Foreign Trade Northern Securities Co operation PATCHIN permit potash present price abroad provisions purpose question raw materials referendum represent RUBLEE Sherman Act Sherman Antitrust Act Sherman law smaller American manufacturer sold TAGGART thing tion unfair competition unfair methods United VOLSTEAD Webb bill WILLIAMS
Popular passages
Page 70 - An Act to create a Federal Trade Commission, to define its powers and duties, and for other purposes," approved September twentysixth, nineteen hundred and fourteen, shall be construed as extending to unfair methods of competition used in export trade against competitors engaged in export trade, even though the acts constituting such unfair methods are done without the territorial jurisdiction of the United States.
Page 3 - To investigate, from time to time, trade conditions in and with foreign countries where associations, combinations, or practices of manufacturers, merchants, or traders, or other conditions, may affect the foreign trade of the United States, and to report to Congress thereon, with such recommendations as it deems advisable.
Page 66 - Territory thereof to any foreign nation: but the words "export trade" shall not be deemed to include the production, manufacture, or selling for consumption or for resale, within the United States or any Territory thereof, of such goods, wares, or merchandise, or any act in the course of such production, manufacture, or selling for consumption or for resale. That the words "trade within the United States...
Page 81 - The substance of the complaint is that, the plantation being- within the de facto jurisdiction of Costa Rica, that state took and keeps possession of it by virtue of its sovereign power. But a seizure by a state is not a thing that can be complained of elsewhere in the courts.
Page 27 - In the case of the present statute the improbability of the United States attempting to make acts done in Panama or Costa Rica criminal is obvious, yet the law begins by making criminal the acts for which it gives a right to sue. We think it entirely plain that what the defendant did in Panama or Costa Rica is not within the scope of the statute so far as the present suit is concerned.
Page 81 - It may be accepted without discussion that the transportation of passengers between this country and Europe forms a part of the commerce of the United States with foreign nations. It is also clearly established that Congress has power to prohibit all contracts, combinations, and conspiracies in restraint of such part of the foreign commerce of the United States. The real question here is not one of power but of interpretation. The inquiry is whether that which is charged against the defendants comes...
Page 80 - ... this country. The vital question in all cases is the same. Is the combination to so operate in this country as to directly and materially affect our foreign commerce? As said by the Circuit Court of Appeals for this circuit in Thomsen v.
Page 66 - An Act to protect trade and commerce against unlawful restraints and monopolies," approved July second, eighteen hundred and ninety, shall be construed as declaring to be illegal an association entered into for the sole purpose of engaging in export trade and actually engaged solely in such export trade, or an agreement made or act done in the course of export trade by such association, provided such association, agreement, or act is not in restraint of trade within the United States, and is not...
Page 81 - This contract directly and materially affects such commerce, and if it unlawfully restrains it, it comes within the statute. We see nothing to warrant the contention that the act should be narrowly interpreted as prohibiting only contracts which are to be performed wholly within the territorial jurisdiction of the United States nor — if it were for us to consider- — any reason for concluding that a broader construction would lead to international complications. As the contract directly...
Page 27 - Words having universal scope, such as 'Every contract in restraint of trade.' 'Every person who shall monopolize,' etc., will be taken as a matter of course to mean only every one subject to such legislation, not all that the legislator subsequently may be able to catch. In the case of the present statute the...