Thursday, February 7, 2008

LAD 24

The Act prohibits one person from being the director of two corporations. The Clayton Anti-Trust Act has important revisions that the Sherman Anti-Trust Act lacked. The Act prohibits price discrimination if it lessens competition.It also prohibits exclusive dealings and "tying," more practices that hurt competition. In addition, mergers and acquisitions that threatened competition were prohibited as well.the Act states that any violations of the laws it establishes may result in a court case.Furthermore there is an important clause in section 17, which states that the anti-trust laws articulated in the Act are not applicable to labor organizations.

LAD 23

With seven section the act details labor laws. The first section bans any product of child labor. The next section allows the Attorney General, the Secretary of Commerce and the Secretary of Labor to enforce the Act. The third gives the Secretary of Labor the right to inspect anwhere deamed to have strayed from the act. 4 and 5 clarify the documentation and repercutions of breaking these labor laws. 6 further goes on to explain that the act pertains to all commerce in America. Finally factories and facilities have to be following all sections by the end of the year after it is passed.

LAD 22

Wilson says that the legislative and executive branches have become Democratbecause the democratic party can change for the people. He further denounces corruption in governement and that the gov. is for the people rather than their party. He calls for import tarriff reduction, and follows Roosevelt with his conservationism, a new nation banking system, and further cutbacks on big bussiness. He follows Roosevelt in his progressive thoughts socially. Hence he want good men to run the contry to allow it to pregress to a further state.