Word: oed
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Dates: during 1940-1949
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...hierarchy blinds the balance of his insight so that he never separates the mystic from the mystigogue, or the sacrament from the sacrilege. The result is a book on an important topic which will contribute little but flame to any genuine controversy of abuses that may exist. Lawrence F. O'Dennell...
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...
...O'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...
Born. To Maureen O'Sullivan, 38, Irish-born cinemactress, sometime cine-mate of Tarzan, and John Villiers Farrow, 43, Australian-born Hollywood writer-director (Wake Island, The Big Clock): their sixth child, third daughter; in Los Angeles. Name: Stephanie Margarita. Weight...