TLS signed “Wm. H. Taft,” one page, 6.5 x 9.25, personal letterhead, November 6, 1916. Letter to Charles G. Washburn accepting an invitation. In part: “I shall be very glad to spend the night with you when I come to Worcester on November 28th. I notice that my Secretary has already sent you a copy of my address before the American Bar Association at Washington in which I discussed the Clayton Act.” In fine condition, with a couple light creases to top left.
Taft was between jobs as chief executive and Chief Justice of the Supreme Court when he accepted the invitation extended by former US Representative Charles G. Washburn. Washburn had been a member of a 1902 committee that revised Massachusetts state corporation laws. The Clayton Act referenced by Taft is the Clayton Antitrust Act of 1914, which was enacted to add further substance to the US antitrust law regime by seeking to prevent anticompetitive practices. That regime started with the Sherman Antitrust Act of 1890, the first Federal law outlawing practices considered harmful to consumers, such as monopolies and cartels. The Clayton Act specified particular prohibited conduct, the three-level enforcement scheme, the exemptions, and the remedial measures. Pre-certified John Reznikoff/PSA/DNA and RRAuction COA.
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