The Farmer and His Farm

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Harcourt, Brace, 1924 - 338 էջ
 

Common terms and phrases

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Էջ 263 - That if the Secretary of Agriculture shall have reason to believe that any such association monopolizes or restrains trade in Interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced by reason thereof...
Էջ 319 - Agriculture may prescribe, reduced to writing, and made a part of the record therein. If upon such hearing the Secretary of Agriculture shall be of the opinion that such association monopolizes or restrains trade in interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced thereby...
Էջ 262 - Second. That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum. And in any case to the following: "Third. That the association shall not deal In the products of nonmembers to an amount greater in value than such as are handled by it for members.
Էջ 319 - First. That no member of the association is allowed more than one vote because of the amount of stock or membership capital he may own therein, or, "Second. That the association does not pay dividends on stock or membership capital in excess of 8 per cent per annum.
Էջ 319 - ... he may serve upon such person a complaint stating his charge in that respect, to which complaint shall be attached or contained therein a notice of hearing, specifying a day and place not less than three days after the service thereof, requiring such person to show cause why an order should not be made directing that all contract markets until further notice of the said commission refuse all trading privileges thereon to such person.
Էջ 223 - By a just price I mean a price which will sustain the industries concerned in a high state of efficiency, provide a living for those who conduct them, enable them to Pay good wages, and make possible the expansion of their enterprises which will from time to time become necessary as the stupendous undertakings of this great war develop.
Էջ 263 - ... product is unduly enhanced by reason thereof, he shall serve upon such association a complaint stating his charge in that respect, to which complaint shall be attached, or contained therein, a notice of hearing, specifying a day and place not less than thirty days after the service thereof, requiring the association to show cause why an order should not be made directing it to cease and desist from monopolization or restraint of trade.
Էջ 262 - Associations must comply with either the first or second condition and may comply with both. As the first condition embodies the one-man-one-vote principle, all associations operating on this basis, or which elect to operate on this basis, need not, unless they wish to do so, give consideration to the second condition. Of course, an association, if it desires, may operate in accordance with both of these conditions, but it will come within the scope of the act by complying with only one of them if...
Էջ 262 - Provided, however , that such associations are operated for the mutual benefit of the members thereof, as such producers , and conform to one or both of the following requirements : -21First.
Էջ 263 - ... directing it to cease and desist from monopolization or restraint of trade. After a hearing, if the Secretary of Agriculture believes that such an association monopolizes or restrains trade in interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced thereby, the Act provides that he shall issue an order reciting the facts found by him and directing such association to cease and desist from monopolization or restraint of trade. If such order...

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