Word: fair
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Dates: during 1950-1959
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...Craig administration. Lieutenant Governor Harold W. Handley, the key Jenner lieutenant, complaining that his forces should have been rougher in the fight, cracked: "But, you know how it is; there are always a few boys who don't really know the score, and so they want to be fair...
...FAIR TRADE LAWS in states will not be enforced by the Federal Trade Commission. In its first official stand on the state laws, the FTC has refused to enforce the laws against discounters in the jewelry industry, has told complaining retailers that they can compete with discounters by ignoring "with impunity" the state Fair Trade laws wherever they are not diligently enforced...
Terry accepted, Anderson points out, knowing that there was a question of his athletic eligibility, but feeling he was innocent of any wrong doing. "He felt sure that any fair court of appeal would give him a clean bill of health...
Actually, Fair Trade laws were never designed for a booming economy with an expanding market. They gained momentum during the Depression, when the National Recovery Administration fixed prices to halt price cutting in the fight for a limited market. In 1937 the National Association of Retail Druggists, a powerful lobby of 36,000 retailers and drug manufacturers, pushed the Miller-Tydings Act through Congress to open a loophole in federal antitrust laws so that state legislatures could legalize the fixing of minimum prices. By the end of 1941, druggists and other small retailers had pressured 45 states to pass Fair...
What are the arguments in favor of Fair Trade? The druggists' association maintains that it protects the consumer from "sucker prices" (loss-leaders) and the manufacturer from losing good will. The Fair Traders argue that the law gives the small businessman a chance to compete on equal terms with large distributors, who normally buy in quantity and can sell for less. (The druggists also contend that a 1951 Neilsen survey shows that drugstore prices are actually lower, on the whole, in Fair Trade states.) Says Sunbeam Corp., one of the biggest backers of minimum prices: "Without Fair Trade...