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Fiscal & Tax Policies. Both pledge a balanced budget, tax reductions for lower-income groups, tight antitrust law enforcement. At issue: the Democrats propose tax relief through a $200 increase in personal-income tax exemption; the Republicans promise that there will be tax cuts "in so far as consistent with a balanced budget." The Democrats want to use "all practical means" to make long and short-term credit available to small businesses; the Republicans pledge loans at "reasonable rates" to small businesses that have "records of permanency but are in temporary need...

Author: /time Magazine | Title: PLATFORMS: The Issues | 9/3/1956 | See Source »

...MORE ANTITRUST SUITS loom against automakers. After slapping General Motors bus division with monopoly suit, Justice Department is pushing investigation of G.M.'s 55% share of U.S. auto market. Another possible suit: against Ford, charging that it violates antitrust laws by forcing dealers to sell quotas of parts and accessories...

Author: /time Magazine | Title: Time Clock, Jul. 23, 1956 | 7/23/1956 | See Source »

...After a word from the sponsor (Corn Products Refining Co.-salad oil, syrup, cornstarch, etc.), the Attorney General of the U.S. grasped his lectern mike, crisply reported that the Department of Justice was about to start a civil action under the antitrust laws against General Motors, charging it with "unlawful activities which have given it a monopolistic position in the manufacture of buses...

Author: /time Magazine | Title: THE ADMINISTRATION: Now a Word From Our Sponsor | 7/16/1956 | See Source »

FAIR TRADE LAW has been knocked out in Louisiana. New Orleans Supermarket Operator John Schwegmann Jr., who persuaded U.S. Supreme Court to rule out Fair Trade on antitrust grounds only to have Congress plug loophole (TIME, March 16, 1953), has finally won his fight in Louisiana, where state Supreme Court ruled that nonsigners of Fair Trade contracts are not bound...

Author: /time Magazine | Title: Time Clock, Jul. 9, 1956 | 7/9/1956 | See Source »

...friends"-whose identity he kept secret. But at least three were tentatively identified as New York Investment Brokers David Baird and Charles Allen and Theater Tycoon Simon H. (Si) Fabian, president of Stanley Warner Corp., to which Warners sold its theater chain in 1953, in accordance with an antitrust decree separating moviemakers from exhibitors. While Semenenko denied that old friend Fabian, "a wonderful executive." had invested in his new deal, he admitted that he would "like to see the legalities ironed out, so that Fabian could get into the picture. Warners needs a good manager like Mr. Fabian...

Author: /time Magazine | Title: SHOW BUSINESS: Boston to Hollywood | 5/21/1956 | See Source »

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