In the recent decisions the Supreme Court makes clear that there is nothing in the statute which condemns combinations of capital or mere bigness of plant organized to secure economy in production and a reduction of its cost.
Taft clarifies that the Supreme Court's recent decisions support combinations of capital for economic efficiency.
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Now, Therefore, I, William Howard Taft, President of the United States of America, do, in accordance with the provisions of the Act of Congress and the joint resolution of Congress herein named, declare and proclaim the fact that the…
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