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![handle is hein.trials/acom0001 and id is 1 raw text is: 50TH CONGRESS, HOUSE OF REPRESENTATIVES. I REPORT
2d Session. No. 4165.
TRUSTS.
MARCH , 1889.-Referred to the House Calendar and ordered to be printed.
Mr. BACON, from the Committee on Manufactures, submitted the fol-
lowing
REPORT:
Your committee respectfully submit herewith the testimony taken
bef6re them in relation to the whisky trust and the combination af-
fecting the article of cotton bagging. Your committee believe that the
testimony heretofore submitted to the House and that which accom-
panies this report discloses the nature, form, and causes of trusts and
combinations, and that all others in existence are formed in substan-
tially the same way as those referred to in such testimony.
They respectfully report that the number of combinations and trusts
formed and forming in this country is, as your committee has.ascer-
tained, very large, and affects a large portion of the important manu-
facturing and industrial interests of the country. They do not report
any list of these combinations, for the reason that new ones are con-
stantly forming and that old ones are constantly extending their rela-
tions so as to cover new branches of business and invade new territories.
Your committee further report that, owing to present differences of
opinion between the members of the committee, they limit this report
to submitting to the careful consideration of subsequent Congresses the
facts shown by the testimony taken before the committee.
[Fiftieth Congress, first session.]
IN THE HOUSE OF REPRESENTATIVES,
January 25, 1888.
Mr. Bacon, from the Committee on Manufactures, submitted the following, which
was agreed to:
Whereas it is alleged that certain individuals and corporations in the United States
engaged in manufacturing, producing, mining, or dealing in some of the necessaries
of life and other prodnctions, have combined for the purpose of controlling or curtail-
ing the production or supply of the same, and thereby increasing their price to the
people of the country, which combinations are known as associations, trusts, pools,
and like names; and
Where.v. such combinations'not only injuriously affect commerce between the
States, but impair the revenues of the United States as derived from itsduties on im-
ports: Therefore,
Reeolved, That the Committee on Manufactures be, and the same is hereby, directed
to inquire into the names and number and extent of such alleged combinat ons, under
whatever name known, their methods of combination or doing business, their effect
upon the prices of any of the necessaries of life and of all productions to the people of
the country, upon its internal or foreign commerce, and its revenues from impost du-](ViewImageLocal?handle=hein.trials/acom0001&div=1&collection=&method=preview&ext=.png&size=3)