COMMITTEE ON THE JUDICIARY HENRY F. ASHURST, Arizona, Chairman WILLIAM H. KING, Utah M. M. NEELY, West Virginia FREDERICK VAN NUYS, Indiana PATRICK MCCARRAN, Nevada M. M. LOGAN, Kentucky WILLIAM H. DIETERICH, Illinois GEORGE MCGILL, Kansas EDWARD R. BURKE, Nebraska TOM CONNALLY, Texas JOSEPH C. O'MAHONEY, Wyoming JAMES H. HUGHES, Delaware II WILLIAM E. BORAH, Idaho GEORGE W. NORRIS, Nebraska WARREN R. AUSTIN, Vermont FREDERICK STEIWER, Oregon CONTENTS William Green, president, American Federation of Labor, Washington, 87 III FEDERAL LICENSING OF CORPORATIONS MONDAY, JANUARY 25, 1937 UNITED STATES SENATE, ON THE JUDICIARY, The subcommittee met, pursuant to call, at 10:45 a. m., in the committee room, Capitol, Senator Joseph C. O'Mahoney presiding. Present: Senators O'Mahoney (chairman of the subcommittee), King, Van Nuys, McCarran, Logan, Norris, and Austin. Senator O'MAHONEY. For the purpose of the record, let me say that this subcommittee, consisting of Senators King, McCarran, Van Nuys, Logan, Hatch, Norris, Austin, and the chairman, has been appointed by the chairman of the Judiciary Committee to consider S. 10, a bill to regulate interstate and foreign commerce by prescribing the conditions under which corporations may engage or may be formed to engage in such commerce, to provide for and define additional powers and duties of the Federal Trade Commission, to assist the several States in improving labor conditions and enlarging purchasing power for goods sold in such commerce, and for other purposes. I suggest that it may be well to incorporate in the record at the very beginning a copy of the bill. (S. 10 is here printed in full, as follows:) [S. 10, 75th Cong., 1st sess.] A BILL To regulate interstate and foreign commerce by prescribing the conditions under which corporations may engage or may be formed to engage in such commerce, to provide for and define additional powers and duties of the Federal Trade Commission, to assist the several States in improving labor conditions and enlarging purchasing power for goods sold in such commerce, and for other purposes Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, TITLE I FINDINGS OF FACT AND DECLARATION OF POLICY SECTION 1. The Congress finds and hereby declares (1) That the Constitution of the United States of America vests in the Congress of the United States full and complete power to regulate all commerce with foreign nations and among the several States, and with the Indian tribes, including all that commerce which concerns more States than one and all that commerce, whether or not carried on wholly within a. particular State, which affects other States and which is not completely within a particular State; that the power to regulate such commerce includes the power to promote a more equitable distribution of the benefits thereof among the people of the United States, to foster and enlarge such commerce by improving the standard of living among ultimate consumers and purchasers of commodities and to 1 |