Word: mahoney
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...week's end, the Senate voted. On the peril-point amendment, the vote divided almost exactly on party lines; only three Democrats-Colorado's Ed Johnson, Wyoming's Joseph O'Mahoney, Oklahoma's Elmer Thomas-crossed over to support the solid front of 35 Republicans. It was not enough. The amendment was defeated...
...himself open to the charge of another political appointment so soon. If his anxiety outweighed his friendship for loyal Democrat McGrath, ex-chairman of the Democratic National Committee, the most likely possibilities for Rutledge's seat seemed to be Wyoming's Senator Joseph C. O'Mahoney, Justice Harold M. Stephens of the U.S. Court of Appeals, Connecticut Senator Brien McMahon, or former Secretary of War Robert P. Patterson...
Businessmen were pleased-and surprised-that Joe O'Mahoney, an old trustbuster and friend of the Federal Trade Commission, wanted to permit freight absorption, a mainstay of the basing point system. But O'Mahoney said that the bill would only put into law what FTC has been saying ever since the Supreme Court decision, namely, that any manufacturer could absorb freight charges to meet a competitor's prices at distant points so long as there was no conspiracy to fix prices. What FTC had objected to was collusive freight absorption. Much of the confusion, he thought...
...proposed legislation, said O'Mahoney, would provide no "loophole fof monopolistic practices." But it would require FTC to provide clear proof whenever it suspected that freight absorption had lessened competition. (At present the FTC can cite businessmen for conspiracy and then put the burden of proof on them to show that the absorption of freight charges has not hurt competition...
...Mahoney's bill still needed approval of the House and President Truman, but the chances for passage looked good. Both FTC and the Department of Justice had indicated their approval...