Word: anti-trust
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...Commission to investigate a "marked increase in the cost of living . . . attributable, in part, to monopolistic practices and other unwholesome methods of competition." The Commission promptly promised to deliver to the President "as early as practicable" a report which observers guessed would be part of the groundwork for new anti-trust legislation in Congress' regular session this winter...
...fireside chat last month, the President called for the "early enactment" of laws to 1) control crop surpluses, 2) regulate wages and hours in industry, 3) reorganize the executive branch of the Government, 4) permit regional planning for better use of national resources, 5) modernize anti-trust legislation. In his message this week, he again enumerated the first four, omitted the last...
...demands, the U. S. Department of Justice made a nine-month investigation this year, began presenting evidence to a special Federal Grand Jury in Milwaukee last September. The jury is still in session, but A. F. C. members last week were unanimously confident of victory under the Sherman Anti-Trust Law. Said new A. F. C. President Owen Lewis Coon: "I can see the breaking of monopoly ahead in this business, and I can see the breaking up of the business into smaller units, and there may once again be 1,500 independent finance companies...
...Anti-Trust Laws...
...anti-trust laws the speaker said that "despite frequent prophecies of their death, these laws are not only alive but show signs of renewed vitality." Reviewing the history of the oil industry, he declared that the Sherman Anti-trust Law has eliminated rough-and-tumble methods and hitting below the belt, and prevented an outright monopoly of gasoline, but it "has not altered the desire of business men to combine; nor has it enabled you and me to get our gasoline at the lowest possible prices." On the arrival of NRA, "the voice of the consumer was drowned...