Newspapers / The Charlotte Observer (Charlotte, … / Dec. 5, 1911, edition 1 / Page 7
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pf^sid^Tit s Spcciol , n u'l , ,o ;i('t fs the pxpreBsion . ot a freedom loving i>eo- ’" , i equality of oppor- ;jB construed Uy the iniisf continue to be the , ..,n tor legitimate busi- enforced unless we I, individualism from all ,vipre Size No Sin. i no sin against the r . . c-‘d of the repeal of this , 'nslructlve lescislatlon Hsh the purpose r >ai»i for honest mer- ; ii.imon to follow. : riu'h :t ph»n V-ill he I u’'mlt that the dlscua- P iirn nrouRht in re- 1, o frill of continued ,1,. an'i-trust law have i.ut "littering gener- - M ~3«> A’,n to control prices, or eBtabliBh monopo lies. JThe courts never assumed power to arfy that such contractB or combina tions or conspiracies mi'ght be lawful if the parties to them were only mod erate in the us« of the power thus cured and did not exact from th« pub lic too great and exorbitant prices. It is true that many theorists, and others engaged in business violating the statute, have hoped that som^ such line could tee drawn by courts; but no court of authority has ever at tempted it. Certainly there is nothing in the declsiims of the latest two ^ses from wihch such a dangerous theory of Judicitri discretion in enforcing this statute can derive the slig|iteet satic tion. Force and Effeotivenesa of Statute a Matter of Growth. We have been twenty-one yearn mak ing this statute effective for the pur poses for which it was enacted. The Knight case was discouraging and seemed to remit to the states the whole available power to attack and suppress the evils of trusts. Slowly, however, the error of that judgment was corrected, and only in the last three or four years has the h^avy hand of the law been laid upon the great illegal combinations that have exercised such an absolute dominion over many of our industries. Criminal --■imp (acainst the Sher- ..moP 'DOtter understood ,niifinc of it partakes nri drliberpte defiance I Prosecutions have been brought and.a -n be confident that|^'>mber are pending, but juries have ' 'ui cmfwvp 5hrdlu averse to convicting for jail sen- ,,virt individuals andjtences, and judges have been most re . . viil Ite inipoeeri.’ -sy r see en« of eup )r or ' ' i a "roTOS, A i d or- ' ■ ct '• ■‘i ‘ e ■ *1 lO 1 . d ; ire . front ' n ~*h yovk island my E N ’ n street la. t *he , fu.l - d; •n find a line within , • fp and illegal corablna- _ . ise moderate power .' mJ by th« courts*^ Mr. failed. nnd others engaged in r ns ti>#* statute," he said. (i that some such line Ati b- the courts: but no . -r't has ever attempted ’Mirpose of the statute I'Toperty and capital , trusts." „ - on various subjects ,%-nf i^ald. woTild be sdnt to , 1 time to time before the r. ’ ; I'CSS. ,, ..f the message referring . . . follows: _ Law-The Supreme Court Decisions. ,, . p supreme court hand- :ir»riR in the suits in equl- the rnited States to tlier maintenance of the , »nd of the Ameri- , i;i«\ and to secure their , ,i 1 no dectaiins are epoch- ’ .jr. ■ c rve to advise the busi- [ ^horitatlvely of the scope = :r>n nf the anti-trust act of ^ li. isions do not depart in .(1 way from the pre- ons of the court in con- ,1 piying this important I, , It :':»' ifv those decisions by i,Jtir ; - the already admitted ' on iip literal construction of . r p decrees, they furnish lent a^ to the proper -'lins with the capital n-or*- ''’ '>•’3^* trusts. These -ii >i!K 'est the need and wisdom . jdditioral "V supplemental legisla- ron *n tr. e it easier for the entire C' ri munity to square #with •u p , ^^r\ and legality thus ■ hod and to preserve the tlnni. and spur of reasona- . : itition without loss of real ■ pi oitress. No C'ange in the Rule of Decision— Me'ely in its Form of Expression. T. :t It- in its ffrst section de- : ! i!lpi;U “every contract. ■ Inn In The form of trust or nr cdtispiracy. in restraint if nr rommei'ce among the sev- ^ ' :f: , p nr with foreign nations," n .■contl, declares guilty of a I no’’ pvery person who shall .0 •* a: -^mpt to monopolize in nr ( on?pire with any oth- ; to !iiononoli'/.e any part of T' ? i: r-_ roniniei'ce of the several »? - fnrelsn nations." 'V Iv ( -sps. wiiere the stat- •> nvr iOii to enjoin a transpor ts' rt Hri(‘enient between Inter- " • ■ ' ('nn»pani**t!. it was held -1-1 .t p., defense to show that s r;V'n* ns to rates complained ■'if - p?6oiiable a' common law, -"■v r, r said that the statute « ' • , t^d :^.:iinst all contracts and ■ in restraint of trade r i,,n :hle at common law or - ■ from the record, how- ■ ' IP »rntiacts complained of r- wolild not have been •’'! ' ■ in.:hlp ?f common law. In , i. ; ,.:pw t’np court said that honlil he given a reason- riictjon and refu.sed to In- !'ipp if inhibition, certain con- ’ r'^itraint? of trade which it *ed as incidental or as in- (iKPij of te.sfraint of trade that : c\. f itpd ftom the opera- tututf' where instances oivnion law. would have ■i PH onahlp. In the Stand- luctant to impose such sentences on men of respectable standing in society whose offense has been regarded as merely statutory. Still, as the of fense becomes better understood and the committing of it partakes more of studied and deliberate defiance of the law, we can be confident that ju ries will convict individuals and that jail sentences will be imposed. The Remedy In Equity By 0issolution In the Standard Oil case the Su prece Circuit Courts found the combi nation to be a monopoly of the inter state business of refining, transport ing. and marketing petroleum and its products, effected and maintained through thirty-seven different corpora tions, the stock of w'hich was held by a New’ .Tersey company. It in effect commanded the dissolution' of this combination, directed the transfer and pro rata distribution by the New .lersey company of the stock held by it in the thitty-seven corporations to and among its stockholders; and the corporations and individual defend ants were enjoined from conspiring or combining to restore such monopoly and all agreements between the sub sldiary corporations tending to pro duce or bring about further violations of the act were enjoined In the Tabocco case, the court found that the individual defendants, twenty- nine in number, had been engaged in a successful effort to acquire com plete dominion over the manufacture, sale, and distribution of tobacco in this country and abroad, and that this had been done by combinations made with a purpose and effect to stifle com petition, control prices, ^d establish a monopoly, not only In the manufac; ture of tobacco, but also of tin-foil and licorice used in its manufacture and of its products of cigars, cigarettes, and snuffs. The tobacco suit present ed a far more complicated and difficult case than the Standard Oil suit for a decree which would effectuate the will of the court and end the violation of the statute. There w'as here no single holding company as in the case of the Standard Oil Trust. The main com pany was the American Tobacco Com pany, a manufacturinf, selling, nnd holding company. The plan adopted to destroy the combination and re store competition involved the redivis ion of the capital and plants of the whole trust between some of the com- panl«s constituting the trust and new companies organised for the purposes of the decree and made parties to It. and numbering, new and old, four teen. Situation After Readjustment. The American Tobacco Company (old), readjusted capital, $92,000,000: the l.iggett & Myers Tobacco Company (new), capital. $67,000,000: the P. lillard Company (new), capital, $47,- 000,000; and the R. J. Reynolds Tobac co Jcompany (ol^). capital, $7,525,000, ate chiefly engaged in the manufacture and sale of cheWing and smoking to bacco and cigars. The former one tin-foil company is divided into two, one of $825,000 capital and the Other of $409,000. The one sunff company is divided into three companies, one with a capital of $15,000,000, another with a capital Of $8,000,000, and a third with a capital of $8,000,000. The lico rice companies are two, ont^ with a capital of $5,758.^00 and another with a capital of $2,000,000. There is, also, the British-American Tabocca Com pany, a British corporation, doing busi ness abroad with a capital of $26,000,- 000, the Porto Rican Tobacco Com pany. with a capital of $1,800,000, and the corporation of United Cigar Stores, with a capital of $9,000,000. V mm Lowest possible prices our re on our Christmas Np^Uies as well as stock of Merchandise Handsome Velvet and Satin Pillows.... $1.50 to* $2.50 each 50 pieces fine Lii-nen and R^nnausance pieces; square, round, and 54 inches long, at just............. • • • • $1..00' each Special values in Ladies’ Embroidered Handkerchiefs, at 15, 25, 35 and 50 cents each Extra values in Men’s All-Linen Hemstitched Handkerchiefs. at 15, 25, 35 and 50 cents each Ladies* Dainty Neckwear in great variety, one special lot at .... 50 Cents today.^ Large Express shipment of Ladies Holiday Handbags in Navy and Blacks, ry reasonable prices in Tans, Browns, the latest shapes, ve , Men’s and Ladies’ Bath-Ilobe Blankets in rich designs. at $1^50 to $5.00 each An almost endless variety i>f*beautiful w^de fancy Ribbons, the usual 25 to 40-cent values, but our price for choice is 19c yard. G1.0VES All kinds of Gloves, Kid Giovea in P. K. Cape. Suede, Cha mois, Lambskin and Kid skin from one lo si)iteen buttion length .; $1.00 to $4.00 Cashmere and Woollen Gloves for Ladies, Children, Gloves and Mittens in all colors. . Children’s Leggings and Boots. Fashionable Neckwear for M^n Two special lots of Xmas four-in-hand Neckwear for'^ l?i6n, styles the latest, values the greatest at 50 and 75c each • ■ NIX CO Eiderdown and Lambs Wool Comforts, beautiful patterns, at .. ^ $5.00 t» $16.00 each , Xmas Blankets in novelty pattenis find colors, at $4.00 to $15.00 each Get your Xmas Dolls early, they are all dressed and the assortment is complete 25c to $5.00 saeh MUFFLERS .^Bradley Mufflers in a big range of styles and colors, extra width and some with fringe, choice ./.... 50 cents Give uf« your patronage. WHY? Because w^e serve you beat. 17-19 West Trade St. ' i ' PhOnfts 776-777 Charlotte’s Authority on Wcmerits \ I I f* 17-19 WEST TRADE STREET. PHONE 776^77. SO as to make competition not only possible but necessary. All covenants restricting competi- * t’on have been declared null and fur ther performance tff them has been enjoined. The preferred stock of the ! different companies has now been giv- ! en voting power which was denied it under the old organization. The ratio of the preferred stock to the common was as 7.S to 40. This constitutes a very decided change in the character of the ownership and control of each company. In the original suit there were twen ty-nine defendants who were charged with being the conspiratoi's through whom the illegal combination a^cquirjeti and exercised its unlawful dominion. Under the decree these defendants will hold amounts of stock in the va* rious distributee ‘companies ranging from 41 per cent as a maximum to 28 1-2 per cent as a minimum, except in the case of one small company, the Porto Rican Tobacco Company, in which they will hold 45 per cent. The twenty-nine individual defendants are enjoined for three years from buying ' any stock except from each other, J and the group is thus prevented from extending its control during that pe riod. All parties' to the suit, and the new companies who are made parties, are enjoined perpetually from in any way effecting any combination be tween any of the companies in viola tion of the statute by way of resump tion of the old trust. Each of the iourteen companies is enjoined from acquiring stock in any o fthe-^thers. All these companies are enjoined from having common directors or officers, or common selling agents, or common ofll- ces, or lending money to each other. Letters To V Santa Claus Charlotte, N. C., Dec. 4th, 1911. Dear Sandy:— / ' I am a little boy 5 years old; I want you send mej a hammer, a saw, some candy, a apple, a gra^e big ring. Pleas come, you did not find my house last year for you did not cohie. I live at the Southern Cotton Oil Co. Good bye, Sandy. JENNINGS BAILEY. ' Charlotte, N. C., Dec. 4, 19ir. Dear Good Old Sandy: — I am a bright-e/ed little* boy. I want you to send me a horn, lk little horse and wagon. I will be so glad if you Avill- come for I am sick. All the time I cant go out to i^Iay. I live at the Southern Cotton Oil Co., in the last house. ' CADE BAILEY. Charlotte, N. C., Dec. 4th, 191L Dear Sandy:— • I am a little good 7 years old gii3. I help mama and go to school. I want a doll and carriage, and a little bed for dolly, some candy and apples, • negro toes, a grate big ring. I live at the Southern Cptto.n *0i! Mili in. the ias^t house, Bye-Bye Sandy. > ISABELL BAILEY. Literary Hod-Carriers. John H. Finley, president of the College of the City of New York, was talking to a group of librarians at the state library convention. “Too many books at the present time,” he said, “are written solely to sell.' Their authors try ""to make us Ihink that they are producing liter ature, but they can’t fool iis. They only fool themselves. These men might produce literature if they would just put a little more sincer ity into their work, \)ut, as it is, they* remind me of Jkke McMasters. “‘You’re working very hard today, Jake, me son,’ said a friend. ‘How many hods o’ mortar, in . the name ot heaven, have ^ye carried up that ladder since sta^rtin’ time?’ “ ‘Hush, me lad,' said Jake, with a wink. ‘I’m foolin’ the boss. I’ve car ried the same hodful up and down aH day, ,^d he thinks I’m workin.’ ”— ^ Washington Post. ■«H« ♦■♦■♦■-♦■'♦'■♦•■♦-■♦'■♦I*! |The Military ii Si Overcoat The Military or Combination Collar^ Overcoat ^is the most popular Overcoat made. WORK WILL SOON START after you take Dr. King’s New Ijife Pills, and you’ll quickly enjoy their fine results. Constipatlon-^and indiges tion vanish and fine appetite returns. Tiiey regulate stomach, liver and bow els and impart new strength and en ergy to the whol^ system. Try them. Only 25c at W. L. Hand & Co.’s. , Under this arrangement, each of the rn! Tn'i^cco casps therefore, i different kinds of business ■^ill lie dls- mprriy adoptpd the tests of 1 tributed between two or more compa- ■r law, and in dofininc ex-• nies w'ith a division of the ■.prominent ihp lltpral application of’brands in the same tobacco products, •np- snhstituted for the | ■riT Incidental or indirect, ipnaonahle. and this, in the slightest the ?'.(! offpc* of the stat- ‘ I wc .fi*;. all the cases . \vhi (i havp now been • hav»' t»pcn .decided the T'rf* fonrt hari originally ■ I p const rurtlon the rule CO. " •'* ii that th® court, by • ' ' thA con'truction of tionlaw rliy.tinf'tions, 1 t. Thin ir fjhviously "ulgnv nt every con- ’ in re-traint of ii*'‘ made with the pur- 'rv offrrt of controlling ‘■■onipotition, or of h' wh'>!n f)i in p?rt a mo- is condemned '' ''hich is nnt brought t n. nq thus construed. '■n is nlao made that ^ 'uii hy its decision in OP hay committed to 'Hvlpfinf'fi and unlimited determine whether a int of (lade is within th. statute. This is "■ V rea.^ionable restraint "'n^nKin law is well under- ^ ' !parly defined. It does etion of the court. ■ '1 to a'Tomplish the ^ main contract to » .11 shall be en- '■ 1‘ mu: t be incidental, e no "(is of that contract. 30 ' ■ ' hie ness was nev- ' 'Ilf* coiut at common ' or combinations or ’’•"tralnt of trade WflB or whose nece«pary '* s'.iRe competition. When the Bowels Are Uncomfortable and you miss that fine feeling of exhilaration whicltfollows a copious morning opera tion, you should put a small quantity of Simmons Red Z Liver Regulator (The Powder Form) on the tongue and wash it down with a little water. Itf^ action in the system is puri fying and strengthening. ^ It drives out hard impactions and impurities and Ogives tone to the muscular structure of the bowels. It over comes the tendency to chronic con stipation, relieves a bloated feeling in the abdomen, sweetens the breath and promotes vigor of body, mental alertness and cheerful spirits. Soid tty Dealers Price, Large Package, S1»00 A»k for the :enuln« with the a«d 2 •• the lab?'. If you cannot ccl it. re®lt to tt*. we will »«»d It by ni»iU IJvrr Rcjulator ii alto piM «p lijuidJorm for ibbte who prefef it. Price Sl.vO per bottle. Look for the Red 2 UbeL ■ J. H. ZEILIN a CO., Pro*rt«lo»« St. Lovla. MUsmwl CASTORIA For In&nti and Children. TIh Kind You Have Always Bought Bears the Sign&tture of FRIENDS OF RUSSELL ' ARE CONFIDENT. Special to The News. Atlanta, Ga., Dec. 5.—There are certain hotel lobbies in Atlanta, certain cigar stores, certain pool rooms where peopi^ always go when they want to bet money on a gubernatorial election. These places are common ground for all factions. No matter whether you are for Jlussell or Pope Brown, you go there, as a usual thing, to see what orfds you can get on your money. A significant fact which has ^been observed since Monday morning at these places Is that the friends of Judge Richard B. Russell are more con fident than the friends of either of the other two candidates. They are betting that Russell will carry.-^he state, or betting that he will carry Richmond county—some of them are betting even money against the field on Fulton coun ty, and all of them are willing to back Russell w ith even fl^oney against either one of the other candidates in th^ state election. FEAR OF GALLOWS DROVE MAN CRAZY. Special to The News. Atlanta, Ga., Dec. 5.^Govemor*Sla- ton will send a physician to Quitman tomorrow to inquire into the sanity of Andrew Simmons, ^o is sentenced to hang December 15th. It is declared that fear of the gallows has driven the man crazy. ^ “That hen has laid an egg -every day for the past six months,” said the farmer. "Do you suppose she is‘trying to break a record,” his city cousin apK ed, “or has it merely become « habit with her?”—Judge. The hunter-who had been mistaken for a deer and shot, roused up and beckoned to the hospital nurse. “Understand,., he said, “I don’t care so much about being killed, biit it’s this being made game of that hurts my feeling8.”—Denver Republl can. Charlotte, N. C., Dec. 4th, 1911. Dear Sandy I am a smart little girK I go to school and I help my mama and do a lot of work. Papa has but one hand. I cut wood for himj I know you love l^hat kind of a girl. I want a doll, a carriage, a bed for my doll candy and nuts. I live in the last house at the Southern Cotton Oil Co. Bye-Bye San dy. MAUDE BAILEY. Charlotte, C., % . pec. 4th, 1911. Dear San^: — , I am a brown-eyed girl/ I want you to send tne a locket and chain and a band bracelet, candy and nuts. I live at. the Southern Cotton Oil Co in the last housov^g/e-bye Sandy. ATTIE BAILEY. No Young And I^QOiith Bird. “Why didn’t you get a younger, turkey?” demanded th€ husband. “I told the dealer I was rather green, ’ faltered the young wife, “so he advised Aie to take an old, expe rienced bird.”—Kansas City Joufnal. ^ COMMISSIONER’S SALE i / Under and by virtue ot authority ot the Superior Court of Mecklenburg County in the case entitled “C. H. Duls, Administrator with the will annexed of Charlotte Brewer, deceased, Plain tiffs, vs. Josie MickeJson and husband, Ed Mickelson and others, Defendantf,” the undersigned Commissioner will, on Thursday, the 4th day of January, 1912, at 12 o’clock M., at the County Court House Door in Charlotte, Meck- l^burg County, N. 0., sett to the high est bidder at public auction, the follow ing described real estate, lying and being in Charlotte Township, Mecklen burg County, N. C.: The certain lot of land in Square No.,—, Ward No; 3, of the City of Charlotte, located at the Northeast intersection of South Mint and West Vance streets, bounded as follows: Beginning at an Iron stake at the corner of said two streets and ranning with Mint street (^ast side), 145 fe«t and 1 inch Northeastwardly to Tur ner*s corner; thence with his line, 104 feet SouthediBterwardly and nearly pa^ allel with Vance street to a stake, a corner of the Old Blind t)ick lot; thence ^th three lines oii^ald lot, flrUt Southweinwardly and neaHy parallel with Mint Street, 50 feet to a stake; thence Southeastwardly and nearly parallel with Vance Street 2.7 feet to a fence; thence Southwestwardly, 86 feet to a fence post on Vanee Street, ahd thence with said last named street, 92.1 feet to the beginning comer, and Upon which lot are located two dwell- lag houses and a combination store and dwelling, l^use. / Terms of SaTe: One-third cash, bal ance on a credit of six and twelve months, deferred payments to be se cured by notes or bonds bearing inter est from date of conflrmatton of sale, with leave to purchaser to anticipate payments at any time and title re served until purchase money .la all paid. - . This the 4th day of December, A. D., 1911. . C. H. .DULS, 4-30da Commiseteer. ChilCiren Ory, FOR FLETCHER’S CASTORIA Children Ory FOR FLETCHER.'S CASTORIA ; Ohildren Ory FOR FLETCHER’S CASTO R I A The World Arid Its Troubles The grafters go on grafting and the bribers bribe away; The bosses still grow fatter and the y people have to pay; Men with schemes that are unfair, Keep on thriving everywhere. But the world goes on 'contriving to get better day by day. Th« thugs ar« busy shodtlng, and the gangster’s arm is strong; The men we choose for office are in dined to^jnk at^ wrong; Though we d^ur best to drive Out the erooki and thieves, they thrive. \ But the world keeps i»ravely getting somewhat better right along. * : '' liie rich lawbreakers calmly keep pur suing the old game; They are ever busy cUiining what they have no right to claim; They take tribute day by day And the public has to pay, But the world, \fith all its troubles, keeps improving just the same- The insurance agent bas more trou bles than anybody else, still he Is willing to offer himself, a willing sac rifice upon the altar of “More busi ness.” You can get the best insurance on the market, at insurance headquar ters. C.N. G. BttU & Co. INSURANCE HEADQUARTERS For Rent 1 brick store on Graham St.A^x- tension. 1 seven-room house on South A. St 1 slx-room'Tiouse on Bast Liberty St ■1 «tx-room hotue on East Stone* wall St 1 five-room house on West 12th St., wfth all modem conven iences. C. JWc NeUs Nd. 83 East 4th at ' *fHiotie No. ■ When chilly winds blow and whistle, button T the high standing collar across the neck * and you^re protected from chin , to your shoe tops 01..1 $15 to $25 Yorke Bros & Rogers ♦ nrrf 4 ♦ ♦ 9 Read the Little Classified Ads. in Todays NEWS oOji. . •>rt =»1 ) 'rc,t ' '/it ■ ■' m # T> liKi yiiiw ^ ATIN^ Of cioitrtt you want a heating stov « id s«ve ^utf, » fire' ever iilflht and all that sort of thing, but the most important thing Is that they liest the house'properly and that they are built so thuy will last There t« a good deal of difference between a guarantee eeverinir *Mefeo> ; tfve material and workmansH!p*» and our gusrantee of fMrfeefNlMlsfaetien. We arei Willing to leave the decision to four Jidgment but we wint you to eee otir stoves and make th^ comparison before you iMy^* It will ^y both of-USi Wt handle the “Favorite*' Base Burner. Charlotte Hardware Company
The Charlotte Observer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 5, 1911, edition 1
7
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