Excerpt from Trusts of to-Day: Facts Relating to Their Promotion, Financial Management and the Attempts at State Control
Called into greater prominence the regulation of trusts by the law. Economists and legislators have suggested a multitude of statutory reme dies. The Industrial Commission, after careful investigation and criticism, recommended in its Final Report to Congress in 1902 certain specific measures. In 1903 Congress enacted, in the Elkins Law and in the Nelson Amendment to the Department of Commerce Act, two of the better recommended and less radical of these remedies. The acute realisation among investors of the real evils of trusts, and the sober criticism.
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