448 REPORT ON COOPERATION IN AMERICAN EXPORT TRADE,

Commission to have access, at all times, to the books and records of such
organizations, and the Commission, further, to have power to suspend any such
organization or combination in the event of its being used to unreasonably
restrain domestic trade.
A SYSTEM OF ACCOUNTS TO BE ESTABLISHED.—An economist made the
following suggestion:
In any case the Federal Frode Commission should prescribe the system of
peccounts used by joint sellin agencies and have access to their books.

Notices or MEETINGS AND COPIES OF CORRESPONDENCE TO BE FILED,—
A manufacturer of building material said:
Prevent it [restraint] by having all minutes of meetings and all proceedings
of associations open to Government officers.
Another reply suggested that—

Notices of all meetings should be sent to the proper Federal officers, as well as
copies of all correspondence, records, ete, and any further action that might
be necessary to keep them fully informed as to what was being done.
AFFIDAVITS FROM OFFICERS OF EXPORT ORGANIZATIONS.—An attorney
wrote:
I would require periodical affidavits from the principal officers of all concerns
enjoying the benefits of or belonging to export organizations that they have
not violated the provisions of the Sherman or Clayton Acts, and would prosecute
for perjury those making false affidavits.
The treasurer of a waste utilities company would have such
organizations—

* #* * Make a monthly report under oath by its executive officers showing
its activities and also stating specifically that nothing had been done to control
or restrain domestic trade.

PuBLiciTY AS TO PRICES, ETC.—A manufacturer of automobiles
wrote *

The one element of safety, to our mind, is to be found in publicity. All
prices, discounts, and selling commissions should be filed with a department
organized to control export combinations. The publicity would act as a protection
 to the honest combination. a deterrent to the dishonest one.

A manufacturer of canvas goods said:

A method to prevent such a condition would be to demand that each member
of such organization should publish both his export lists and domestic lists
together for filing with the Public Service Commission, or whatever public body
was authorized to handle such matters; and further, that the prices of the
companies should be subject to inspection.
By an oil producer:

Prices of both domestic and foreign sales should be under observation by the
Government to the end that manufacturers do not ask or obtain relatively
higher domestic prices as against lower export prices.
Federal representation in export organizations—Some of the replies
 are to the effect that if the Government should be represented
by mehr ii or otherwise in these export organizations the danger
of restraint of trade in the domestic market would be eliminated.
Thus, one reply stated:
It would therefore perhaps be better not to restrict the activities of the
combination at all, but to place on its board a certain number of persons to be
appointed by the Government, as in the case of the Federal Reserve Board,
which persons should have a right of veto in certain questions. At any rate,
the presence of such persons on the board would have the effect to keep the