Word: merger
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Dates: during 1920-1929
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...Loree's suggested merger differs from its four rivals, actual and prospective, in that it does not stop at the Mississippi River. While in no sense a transcontinental, it would through the K. C. & S. and the M. K. & T. extend into the Southwest, and to the Great Lakes through the D. L. & W. It is thought that this new combination would be most inimical to the New York Central, since it would provide a new and direct route through the Lake territory of the latter road, especially between Detroit and New York...
Pressed by the Farmers' National Council and other lobbyists, the Department of Justice filed a complaint against the Armour-Morris merger. The packers insisted that the merger had been negotiated with the implied consent of the late Secretary, Henry C. Wallace, Mr. Jardine's predecessor. Government counsel denied this, insisted that Mr. Jardine should rule against the merger as a violation of the Packers and Stockyards...
...Testimony of 322 witnesses in Denver, Omaha, Chicago, Kansas City had not included a single word indicating that the merger had restrained commerce...
...Jardine rules against the merger, the case will go to the Supreme Court. "If this is a buck-passing proposition, why were we called to Washington? . . . Pass the buck and you have the respect...
...Jardine permits the merger, he will put an arrow in the quiver of the Radicals, who will accuse the Government of subserviency to big business...