Word: cellers
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...under pressure to give their accounts to G.M.A.C., which can 2) charge lower rates than the independents because G.M. uses financing as a loss leader and does not need to show a profit on it. They endorse a bill, introduced unsuccessfully by New York's Democratic Congressman Emanuel Celler in the last two Congresses, to force Ford and General Motors to get rid of their finance subsidiaries...
When Arkansas' Senator John McClellan asked Cooper if he felt qualified for his new post, the witness replied: "Senator, immodest though this sounds, my answer is yes." Seated by Cooper's side throughout his testimony was Brooklyn's Democratic Representative Emanuel Celler, chairman of the House Judiciary Committee and Cooper's sponsor. Invited to testify, Celler praised Cooper's record and declared: "Any man whose blood does not at times grow hot at the sight of evil or in the presence of utter incompetence isn't worth a pinch of snuff...
...print as Samuel ISIDOR New-house." (Newhouse is indeed of Jewish descent, but his middle initial stands for nothing at all.) Last week, inspired in part by Newhouse's acquisition of New Orleans and in part by an ambition to make headlines, Democratic U.S. Representative Emanuel Celler of Brooklyn announced that the House Judiciary Committee would investigate newspaper monopolies ?among them Sam Newhouse's?as soon as Congress adjourns...
...civil suit in Los Angeles federal court last week, the U.S. charged that the "predatory" activities of The Octopus violated the Celler-Kefauver anti-merger act. The charges noted that MCA recently acquired Decca Records, and, through Decca, control of Universal Pictures Co., Inc. MCA already owns Universal's lot. leases part of it back to the movie company for $1,000,000 a year. Now, by taking over Universal itself, MCA might well be in a position to dominate the movies as it already dominates the canned-TV business...
Congressional Democrats joined in the hue and cry. Brooklyn's Representative "Manny" Celler said that his Antitrust subcommittee would hold hearings on steel pricing beginning in early May. Tennessee's Senator Estes Kefauver, that intrepid investigator, said that his Antitrust and Monopoly subcommittee also would probe the steel industry...