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PREFACE.

This material, including annotations, was first published in Volume III of the Commission's Decisions. It was prepared and edited by Richard S. Ely, of the Commission's staff.

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CONTENTS.

Pag:

132

Curtis Publishing Co.

141

Winsted Hosiery Co.---

180

Standard Oil Co. of New York_

184

Fruit Growers' Express, Inc.-

190

Rules of practice before the Commission.

193

Sherman Act (see footnote)

45-47

ACTS OF CONGRESS FROM WHICH THE COM-
MISSION DERIVES ITS POWERS, WITH ANNO-
TATIONS.

FEDERAL TRADE COMMISSION ACT.1

[Approved Sept. 26, 1914.]

[PUBLIC–No. 203-630 CONGRESS.

[H. R. 15613.]

AN ACT To create a Federal Trade Commission, to define its powers and

duties, and for other purposes.

Sec. 1. CREATION AND ESTABLISHMENT OF THE COMMISSION.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That a commission is hereby created and established, to be known as the Federal Trade Commission (hereinafter referred to as the commission), which shall be composed of five commissioners, who shall be appointed Five commisby the President, by and with the advice and consent of pointed by Presi, the Senate. Not more than three of the commissioners with, etc. shall be members of the same political party. The first fitima

litical party. commissioners appointed shall continue in office for terms of three, four, five, six, and seven years, respectively, from the date of the taking effect of this Act, the term of

Not more than three same

po

1 It should be noted that the jurisdiction of the Commission is limited by the “ Packers and Stockyards Act, 1921," approved Aug. 15, 1921, Ch. 64, 42 Stat. 159, sec. 406 of said Act providing that “on and after the enactment of this Act and so long as it remains in effect the Federal Trade Commission shall have no power or jurisdiction so far as relating to any matter which by this Act is made subject to the jurisdiction of the Secretary [of Agriculture] except in cases in which, before the enactment of this Act, complaint has been served under sec. 5 of the Act, entitled * An Act to create a Federal Trade Commission, to define its powers and duties, and for other purposes,' approved Sept. 26, 1914, or under sec. 11 of the Act, entitled An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes,' approved Oct. 15,

1

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