Word: departmentals
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Dates: during 1940-1949
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It was all a little confusing. Six weeks ago, the Department of Justice had asked the courts to break up the Aluminum Co. of America. Last week another federal agency, the War Assets Administration, approved a deal to make Alcoa bigger. It sold to Alcoa, for $5,000,000, the...
As part of the deal, Alcoa agreed to let the rest of the industry use its alloy patents and several of its most important fabricating patents without charge. WAA thought that this put the industry on a competitive footing. But the Justice Department's trustbusters hit the ceiling.
The deal, they charged, violated the anti-trust laws; the department will press its charges against Alcoa. Washington wondered if Justice would now prosecute WAA.
"The Faculty pretty well restricted tutorial in the spring of 1946, and the Economics Department discontinued it altogether," Buck, chairman of the Committee on Educational Policy, said.
Tutorial has returned to the Economics Department.