Tobacco Trust Gets Hard Blow
December 19, 1908
Summary
American tobacco companies “suffer a heavy blow” during the United States circuit court trial when they become restricted in their stocks, trade, and commerce.
Transcription
New York, Dec. 16 - The American Tobacco company suffered a heavy blow when the final decree in the suit of the government against the “trust” was filed in the United States circuit court. The decree declares that the American Tobacco company, the American Cigar company, the American Snuff company, and the McAndrews & Forbes company form a monopoly and illegal combination in restraint of trade, and they are enjoined from engaging in interstate commerce in leaf tobacco or any of its products or any articles used in connection with the tobacco trade until competition between them is restored. These companies, as well as the R. J. Reynolds company, the Pierre Lorillard company, the Blackwell’s Durham company, and the Conley Foil company are also restrained from voting on the stock held by them in either of the companies named, or the stock of any of the subsidiary companies controlled or partly controlled by them. The decree dismissed the bill against the United Cigar Stores company, the Imperial Tobacco company and the British-American Tobacco company. An appeal will at once be filed in the United States supreme court.
About this article
Source
Location on Page
Upper Left Quadrant
Topic
Contributed By
Emma Alvarez
Citation
“Tobacco Trust Gets Hard Blow,” Black Virginia: The Richmond Planet, 1894-1909, accessed December 7, 2025, https://blackvirginia.richmond.edu/items/show/1083.