in the negative. It
was passed by the House and after being twice referred to committees
of conference was finally agreed to, its title having been changed
to "An act to protect trade and commerce against unlawful restraints
and monopolies," and was approved by the President June 26, 1890.
The law as finally agreed to is as follows:
"Sec. 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 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, and, on conviction thereof, shall be punished by
fine not exceeding five thousand dollars, or by imprisonment not
exceeding one year, or by both said punishments, in the discretion
of the court.
"Sec. 2. Every person who shall monopolize, or attempt to monopolize,
or combine or conspire with any other person, or persons, to
monopolize, any part of the trade or commerce among the several
states, or with foreign nations, shall be deemed guilty of a
misdemeanor, and, on conviction thereof, shall be punished by fine
not exceeding five thousand dollars, or by imprisonment not exceeding
one year, or by both said punishments, in the discretion of the
court.
"Sec. 3. Every contract, combination in form of 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 in restraint
of trade or commerce between any such territory and another, or
between any such territory or territories and any state or states
or the District of Columbia, or with foreign nations, or between
the District of Columbia and any state or states or foreign nations,
is hereby declared illegal. Every person who shall make any such
contract, or engage in any such combination or conspiracy, shall
be deemed guilty of a misdemeanor, and, on conviction thereof,
shall be punished by a fine not exceeding five thousand dollars,
or by imprisonment not exceeding one year, or by both said punishments,
in the discretion of the court.
"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
|