Page:Earle, Does Price Fixing Destroy Liberty, 1920, 086.jpg

86 within the one case. says: "This seems to assume that, apart from fraud, intimidation, molestation, or obstruction * * *, there is some natural standard of 'fairness' or 'reasonableness' (to be determined by the internal consciousness of judges and juries) beyond which competition ought not in law to go.  There seems to be no authority, and I think, with submission, that there is no sufficient reason for such a proposition.  It would impose a novel fetter upon trade.  * * *  until the present argument at the Bar it may be doubted whether shipowners or merchants were ever deemed to be bound by law to conform to some imaginary 'normal' standard.  * * *  To attempt to limit English competition in this way it would probably be as hopeless an endeavor as the experiment of