Author: Felix Holt Levy

Publisher:

Published: 2016-06-20

Total Pages: 38

ISBN-13: 9781332835416

Excerpt from The Anti-Trust Laws, With Special Reference to the Mennen Co; Decision, the Hardwood Lumber Decision, and the Edge Resolution: An Address If the majority of the members of the two houses of Congress, were customarily men of the business experience and acumen and of the vision and foresight of men like Mr. Gladding and Mr. Williams, the welfare of our country would be greatly promoted. The gentlemen whom I have thus named, leaders in your industry, are but types of the forceful, . Aggressive and far sighted men who are to be found in every kind of industrial activity in this country. Are our business men - endowed as they are with rare gifts of energy, initiative and vision - free to use their talents without hindrance? They are not, for, as I shall endeavor to demonstrate to you today, they are shackled and fettered by antiquated and out-worn legal doctrines which have long ago been abandoned by Great Britain and by all other civilized countries. I refer to the ancient common-law doctrine known as restraint of trade, a doctrine born in England centuries ago to meet conditions then existing but now utterly changed. In England, with a system of jurisprudence vastly superior to our own, the changed conditions of modern business have progressively brought about an amelioration of this ancient legal principle, so that today it rests very lightly upon the shoulders of British industry; whereas in this country it re tains, virtually without change, its old-time rigor, to the great detriment, as I shall endeavor to show, of our trade and com merce. Economists who have studied the subject, maintain that the greatest obstacle and hindrance to the legitimate exercise of their natural powers and capabilities by the business men of our country, is to be found in our own laws, framed by our own servants, interpreted and enforced by our own officials. For such is the situation which the anti-trust Laws of the United States have created as a result of a grave and funda mental misconception which has befallen those laws. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.