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.
Woodrow Wilson: “We should formulate a law requiring a Federal license of all corporations engaged in interstate commerce and embodying…”
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gutenberg.orgEditor's note · Context
Wilson calls for a federal licensing system for corporations to ensure fair competition and prevent excessive profits.
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