Word: caffey
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...Aluminum Co. of America is not an illegal monopoly. So last week said Federal Judge Francis Gordon Caffey, in the first third of his marathon decision on the longest court trial in U.S. history...
Bright-eyed, scrawny-necked, 72-year-old Judge Caffey had sat through one year and 18,331 pages of Government testimony to the effect that Alcoa was a trade-restrainer, should be broken up into several parts. He had sat through another 14 months and 22,377 pages of Alcoa defense. Then, while exhibits and interrogations brought the record to 58,000 pages, Judge Caffey took 5½ months off to study it and make up his mind...
...Judge Caffey does not write his decisions, prefers to ad lib them from the bench. With an occasional glance at his foolscap notes, he spoke for five days in a row last week, had another four or five days to go. His high-pitched emphases and muttered diminuendos even included instructions to the stenographers: "period, paragraph . . . quote, parenthesis . . . unquote." His whole audience was fascinated by his virtuoso command of the case. But only the Alcoa men were pleased...
...each of these twelve groups, Judge Caffey had to rule whether Alcoa 1) possesses a monopoly, 2) conspired to obtain a monopoly, 3) was guilty of other misconduct. At this week's beginning, Judge Caffey had decided Alcoa has no monopoly in any of the twelve fields...
...have since put one competitor, Reynolds Metals, into the aluminum business, with three more-Olin Corp., Bohn Aluminum, Union Carbide & Carbon-on the point of joining the fray if Jesse Jones's Defense Plant Corp. ever gets around to signing the papers. Nevertheless the Government will appeal Judge Caffey's decision to the Supreme Court...