Word: anding
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Dates: during 1950-1959
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Powerful Australian and New Zealand meat packers as well as the packing unions sought to stop Delfino because shipping of beef on the hoof imperiled Australia's frozen-meat export trade. Delfino cleared this hurdle after conferences with the government, paid Auckland dock wallopers triple and quadruple wages to...
In the 69 years since Congress passed the Sherman Act. no reputable businessmen have served a jail term for antitrust violations and none after pleading nolo contendere (no contest)-until last month. Then Federal Judge Mell G. Underwood, 67, of Columbus, Ohio set a precedent. He ordered four officials of...
The case went into court last January when a Columbus federal grand jury indicted the four: Mains, sales vice president of the Union Fork & Hoe Co. of Columbus; William G. Rector and Robert R. Raymond, president and vice president of the True Temper Corp. of Cleveland; and F. Bliss Winn...
At first, the defendants pleaded not guilty. Since, in case of conviction, the fact could be cited in any civil suits for triple damages, they changed their pleas to nolo contendere and threw themselves on the mercy of the court. While this is equivalent to a guilty plea, the fact...
Underwood, who was appointed 23 years ago by F.D.R. and is known as a tough man on the bench, disregarded the trustbusters' recommendations. He fined the companies $20,000 and the individuals $5,000, plus the jail sentences, saying: "In cases of this character a fine is not a...