Word: anti-trust
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...Washington, Assistant Attorney General Thurman Arnold filed a brief explaining why the eight major motion picture companies, named last July in the Government's suit charging violation of the anti-trust law, were not entitled to a bill of particulars...
...produced a scheme which, snorted Columnist David Lawrence, "makes the late Huey Long, who tried to put a tax on publications of large circulation, look like an amateur." Trust Buster Arnold's scheme was deftly dovetailed into the long-expected announcement by the Department of Justice that its anti-trust suits against Chrysler Corp...
...common products as gasoline and milk. In the oil industry to take one example, refiners are deprived of their market because of the belief induced by great expenditure that good gasoline is sold only under particular trade names. . . ." Admitting that present anti-trust laws are inadequate to limit advertising. Trust Buster Arnold nevertheless argued that "the purpose of the anti-trust laws will be furthered if advertising is limited to its proper function of building up consumption. . . ." How this limitation was effected in the Ford and Chrysler cases was readily apparent in Mr. Arnold's announcement that "antitrust prosecution...
...delegates settled down to the sober, if small, business at hand. They listened to anti-New Deal speeches by Vice President Matthew Woll of the A. F. of L., Senator H. Styles Bridges of New Hampshire, Representative Samuel B. Pettengill of Indiana. By week's end they had drawn up a series of resolutions which opposed virtually everything except: 1) "the American system of free enterprise"; 2) "active and immediate cooperation of labor, business, agriculture, and Government"; 3) "fundamental principles of anti-trust laws"; 4) "immediate nonpolitical solution of the present deplorable railroad situation...
...Redefined its Monopoly Investigation. To the Independent Bankers Association in St. Paul, Thurman Arnold, Assistant Attorney General in charge of trustbusting, likened business competition without effective anti-trust enforcement to a prizefight without a referee. Said he: "In such a contest the man who puts on brass knuckles will win. This situation will not be solved by hanging mottoes of fair play on the four posts of the ring. . . . We should not blame great industrial organizers. In a hard-played game, an aggressive team will go as far as the imposition of penalties permits, or else it will lose...