Rensselaer Republican, Volume 22, Number 32, Rensselaer, Jasper County, 10 April 1890 — THE ANTI-TRUST BILL. [ARTICLE]

THE ANTI-TRUST BILL.

The following are the provisions of the anti trust bill, which was reported on the 3d from the Senate Committee on Judiciary, as a substitute for Mr. Sherman’s bill: Section 1. Every contract, combination in the form of a trust or otherwise, or conspiracy in restraint of trade or commerce among the several States or with foreign nations, is declared to be illegal Every person who shall make any such contraot or engage in any such combination or conspiracy shall be deemed guilty of a misdemeanor.vand on conviction shall be punished by aflne not to exceed $5,000,0r by imprisonment not exceeding one year, or both, in the discretion of the court. Sec. 2. Every person who shall monopolize. or combine or conspire with any other person or persons to monopolize any part of the trade or commerce among the sever al States or with foreign nations, shall be deemed guilty of misdemeanor, and, on conviction, punished as above stated. -—Sea 3. Every contract, CombTnatioh. in the form of a trust or otherwise, or conspiracy, in restraint of trade or commerce in any territory of the United States or of the District of Columbia, or between any States or Territories, or with foreign nations, is declared illegal. Every person who shall make any such contract, or engage in any suoh combination or con s piracy, shall be deemed guilty of misdemeanor, and, on oonviction, punished as before stated. ',V7 _____ Sections ’* and 8 give the several Circuit Courts of the United States jurisdiction to prevent and restrain violations of the act Sec. 6. Any property owned under any oontraet, or by any combination, or pursuant to any conspiracy (and being the subject thereof mentioned in section lof tnis act, and being in the course of transportation from one State to another, or to a foreign country) shall be forfeited to the United States, and may be seized and condemned by like proceedings as those pro ceedings as those provided by law for the forfeiture, siezure and condemnation of property imported into the United States contrary to law. Sec. 7. Any person who shall be injured in his business or property by any other person or corporation, by reason of anything forbidden or declared to be unlawful by this act, may sue therefor in any Circuit Court in the United States in the district in which the defendant resides or is found, without respect to the amount in controversy, and shall recover three fold the damages by him sustained and the cost of suit, including a reasonable attorney’s fee. \ Sea 8. That the word "person” or “persons” wherever used in this act shall be deemed to include corporations and asso oiations, existing under or authorized by the laws of either the United States, the laws of any of the Territories, the law of any State, or the laws ot any foreign conn try.