Regulation of Prices: Hearings Before the Committee on Interstate and Foreign Commerce of the House of Representatives, Sixty-fourth Congress, First Session, on H.R. 13568, to Protect the Public Against Dishonest Advertising and False Pretenses in Merchandising, May 30 and June 1, 1916 |
Other editions - View all
Common terms and phrases
ADAMSON advertising BARKLEY believe BLACKMAN BRANDEIS Bull Durham cents chain stores CHAIRMAN coffee Commerce committee competition Congress consumer contract Corn Flakes cost Cream of Wheat customers cut price cut-price dealer decision DECKER department store distribution DUSHKIND establish expense facturer Fair Trade League Federal Trade Commission fix the price fixed price FREDERICK gentlemen give identified article Ingersoll watch interest Ivory Soap jobber legislation libraries maintain prices manu manufacturer merchandise methods monopoly NYSTROM O'SHAUNESSY package patent Pharmaceutical Association price cutter price cutting price fixed price maintenance profit protection public policy purchase question reason resale price restraint of trade Retail Grocers Retail Jewelers Retail Merchants sell sold standard price Stephens Stevens bill sumer Supreme Court thing tion to-day tobacco trade-marked article unidentified uniform price WESTERFELD wholesaler York
Popular passages
Page 53 - Provided, That nothing herein contained shall prevent discrimination in price between purchasers of commodities on account of differences in the grade, quality, or quantity of the commodity sold, or that makes only due allowance for difference in the cost of selling or transportation, or discrimination in price in the same or different communities made in good faith to meet competition...
Page 12 - Philosophical and scientific apparatus, utensils, instruments, and preparations, including bottles and boxes containing the same, specially imported in good faith for the use and by order of any society or institution incorporated or established solely for religious, philosophical, educational, scientific, or literary purposes, or for the encouragement of the fine arts, or for the use...
Page 122 - I cannot believe that in the long run the public will profit by this court permitting knaves to cut reasonable prices for some ulterior purpose of their own and thus to impair, if not to destroy, the production and sale of articles which it is assumed to be desirable that the public should be able to get.
Page 121 - I think that, at least, it is safe to say that the most enlightened judicial policy is to let people manage their own business in their own way, unless the ground for interference is very clear.
Page 53 - That it shall be unlawful for any person engaged in commerce, in the course of such commerce, either directly or indirectly, to discriminate in price between different purchasers of commodities of like grade and quality...
Page 209 - POLICY. When a court decides a case upon grounds of public policy, the Judges become, in effect, legislators. The question then involved is no longer one for lawyers only. It seems fitting, therefore, to inquire whether this judicial legislation is sound — whether the common trade practice of maintaining the price of trade-marked articles has been justly condemned. And when making that inquiry we may well bear in mind this admonition of Sir George Jessel, a very wise English judge: " If there is...
Page 11 - 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.
Page 55 - It is a part of every man's civil rights that he be left at liberty to refuse business relations with any person whomsoever, whether the refusal rests upon reason, or is the result of whim, caprice, prejudice or malice.
Page 209 - It must not be forgotten that you are not to extend arbitrarily those rules which say that a given contract is void as being against public policy, because if there is one thing which more than another public policy requires it is that men of full age and competent understanding shall have the utmost liberty of contracting, and that their contracts, when entered into freely and voluntarily, shall be held sacred, and shall be enforced by courts of justice.
Page 53 - In the first place by a slight change in the form of the contract the plaintiff can accomplish the result in a way that would be beyond successful attack. If it should make the retail dealers also agents in law...