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Wauwatosa News
Wauwatosa, Milwaukee County, Wisconsin
What is this article about?
In Washington on July 29, Attorney General Wickersham accepted the packers' plan for voluntary dissolution of the National Packing Company, owned by Morris, Swift, and Armour, canceling a threatened civil suit but requiring revived active competition.
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BEEF
PLAN
IS
K'D
VOLUNTARY
DISSOLUTION
OF
TRUST
IS
ACCEPTED
U. S. Decides to Cancel Threatened Civil Suit, but Insists That Active Competition Be Revived.
Washington, July 29.—The beef trust, which the government has fought for ten years, is no longer in existence in the opinion of the department of justice.
Attorney General Wickersham on Friday accepted the plan proposed by the packers for the voluntary dissolution of the National Packing company, a holding concern owned by the Morris, Swift and Armour packing companies.
The attorney general decided also that the department of justice will not institute the civil dissolution suit which it had threatened to file.
Here are the other things he did:
Accepted the assurances of the packers that active competition will be revived.
Insured them that as soon as it develops competition is being restrained further prosecution will be started.
Called their attention to an injunction order affirmed by the Supreme court of the United States in 1906 prohibiting the Morris, Swift and Armour packing companies from combining to restrain trade.
These things were done at a conference held by Attorney General Wickersham, United States District Attorney James Wilkerson of Chicago and Attorney Ralph Crews, counsel for the packers.
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Where did it happen?
Domestic News Details
Primary Location
Washington
Event Date
July 29
Key Persons
Outcome
voluntary dissolution of national packing company accepted; threatened civil dissolution suit not instituted; assurances of revived active competition accepted; warning of further prosecution if competition restrained; reference to 1906 supreme court injunction.
Event Details
The Department of Justice, through Attorney General Wickersham, accepted the packers' proposal for voluntary dissolution of the National Packing company, a holding concern of Morris, Swift, and Armour packing companies, after ten years of fighting the beef trust. The civil suit was canceled, but assurances were taken that active competition would be revived, with threats of further prosecution if restrained. Attention was called to a 1906 Supreme Court affirmed injunction prohibiting combinations to restrain trade. This occurred at a conference with Wickersham, District Attorney James Wilkerson of Chicago, and packers' counsel Ralph Crews.