Word: antitrust
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...Georgia, rewritten the State's Constitution, cut the debt way down. Last June he set out after the biggest game of all. In a suit against the Pennsylvania Railroad Co. and 19 other carriers Governor Arnall charged that the railroads and some 60 other rate-makers have violated antitrust laws, discriminated against southern shippers. He charged...
...Court act as a rate-making body, a function which Congress has specifically delegated to ICC. But, said Justice Douglas: "If the alleged combination is shown to exist, the decree which can be entered will be no idle or futile gesture. It will eliminate . . . the collusive practices which the antitrust laws condemn. . . . It will supply an effective remedy." On this, the dissenting Justices, led by Chief Justice Harlan F. Stone, said sharply: "It seems obvious that this Court cannot give any effective relief . . . without breaking down rate regulation by the [Interstate Commerce] Commission...
Victory for Antitrust; The decision, written by liberal Judge Learned Hand, reversed Manhattan's famed ad-libbing judge, Francis Gordon Caffey. Back in 1941 Judge Caffey, who had heard the testimony and arguments, cleared Alcoa of all the Government's charges. It took him ten days to deliver his opinion, took stenographers 737 pages to set it down...
...hurry to plunk down $81 million for the 7,121 sleeping and parlor cars, the mountains of hand towels, bed sheets, the ten laundries, etc. that Pullman, Inc. had for sale. Until a buyer could be found, the grand finale to one of Berge's most successful antitrust suits could not be written...
Such a remedy was proposed in Congress last week. Oklahoma's Almer Stillwell Mike Monroney introduced a bill to prohibit union make-work practices by subjecting unions to prosecution under the antitrust laws. Harried employers, of musicians and other union workers, heard the news with restrained gratification. It was a long jump from introducing a bill to getting it enacted into a law. The labor lobbies would fight to the last man against the Monroney bill...