. The National Civic Federation review . ations in this country have been formed upon sovast a scale, and have so efficiently dominated oneline of business after another, as to awaken a genu-ine fear in the minds of multitudes that the end ofindividual opportunity is In sight. Acting undersuch an impulse of apprehension, the Sherman Anti-Tnist. law was passed in 1890. There is little evi-dence that the popular fear which placed this lawupon the statute books has disappeared. The Sher-man Antl-Trusl law, as Interpreted by the SupremeCourt, lvimposed, as it were, all the ancient re-straints of t
. The National Civic Federation review . ations in this country have been formed upon sovast a scale, and have so efficiently dominated oneline of business after another, as to awaken a genu-ine fear in the minds of multitudes that the end ofindividual opportunity is In sight. Acting undersuch an impulse of apprehension, the Sherman Anti-Tnist. law was passed in 1890. There is little evi-dence that the popular fear which placed this lawupon the statute books has disappeared. The Sher-man Antl-Trusl law, as Interpreted by the SupremeCourt, lvimposed, as it were, all the ancient re-straints of the common law concernine: combina-tions, and as to agreements In restraint of trade Im-pound even greater restraints, for the common lawpermitted such agreements as were reasonable, andthis law has thus placed us, In fact. In the Intolerableposition already described, if. then, we cannot en-dure the ancient restraints of the common law asto combinations nor the lar«o freedom from re-straint as to agreements In restraint of trade, which. SETH LOW. gave rise to the new evils that proved so alarmingto the people, what shall we do? There are evidently several possible courses. (1.)The Sherman Anti-Trust act might be man must judge for himself whether this ispossible. To us of the National Civic Federation itseems at the present time out of the question. Pop-ular opinion would not tolerate it. (2.) The Sher-man Anti-Trust act might be amended, so that onlycontracts in unreasonable restraint of trade wouldbe forbidden. This undoubtedly would remove therestraints complained of; but what does it offer toquiet the fears which placed the Sherman Anti-Trust act upon the statute book and which keep itthere? By many, such an amendment would be con-sidered the equivalent of the repeal of the ShermanAnti-Trust law. It must be admitted, if such anamendment were made, that it would be difficult toframe a law that would even bring about reasonablepublicity. Such an amendment is e
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