The decision of our highest court on this precise question
renders it quite doubtful whether the evils of trusts and monopolies can
be adequately treated through Federal action, unless they seek directly
and purposely to include in their objects transportation or intercourse
between States or between the United States and foreign countries.
It does not follow, however, that this is the limit of the remedy that
may be applied. Even though it may be found that Federal authority is
not broad enough to fully reach the case, there can be no doubt of the
power of the several States to act effectively in the premises, and
there should be no reason to doubt their willingness to judiciously
exercise such power.
The State legislation to which President Cleveland looked for relief
from the evils of trusts has failed to accomplish fully that object.
This is probably due to a great extent to the fact that different States
take different views as to the proper way to discriminate between evil
and injurious combinations and those associations which are beneficial
and necessary to the business prosperity of the country.
Pages:
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142