We should formulate a law requiring a Federal license of all corporations engaged in interstate commerce and embodying in the license or in the conditions under which it is to be issued, specific regulations designed to secure competitive selling and prevent unconscionable profits in the method of marketing.
Wilson calls for a federal licensing system for corporations to ensure fair competition and prevent excessive profits.
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More from Woodrow Wilson
It waits with acquiescence, in the first place, for laws which will effectively prohibit and prevent such interlocking of the personnel of the directorates of great corporations—banks and railroads, industrial, commercial and public…
Three and a half million children are facing starvation in Central Europe.
The imports of wheat have come mainly from Canada and Argentina and have not competed with the domestic crop.
public interests require that the Senate of the United States be convened at twelve o'clock on the fourth day of March next to receive such communications as may be made by the Executive.
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