Word: patman
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...Dealer, good friend of Vice President "Cactus Jack" Garner and successor to his House seat. The other three fillers-in elected were New Dealers: Louisiana's Maloney, Pennsylvania's Boland, Illinois' McKeough. Conspicuously not elected to the Committee was a self-proclaimed candidate. Wright Patman of Texas, author of Bill No. 1 on the House calendar, to tax chain stores out of existence...
What else Congress might do to or for business was equally conjectural. First on the House list was the Patman chain-store tax bill, designed to put interstate chains out of business. Other dire legislation may come from the monopoly hearings to be resumed next week. On the plus side, business anticipates juicy returns from the national defense program. And the railroads, pleading on bonded knees for legislative aid, seem fairly sure...
When the advertisements appeared in Drug Topics two years ago, Congressman Patman did not bother to deny publicly the company's claim. Last week he denied it with heat: "McKesson & Robbins has never paid me in connection with anti-chain store legislation or anything else." Mr. Patman said he got his money from the Brady Speakers Bureau in Manhattan...
That the archfoe of the chain stores should team up with wholesalers did not strike anyone as particularly strange. Mr. Patman's bill to tax chain stores out of existence ($50 to $1,000 per store times the number of stores in a chain, times the number of States in which the chain operates) is due to come up in the next Congress, and chain store merchants have been worried for months...
...week's end the case was still full of explosive possibilities. Investigation of McKesson & Robbins' activities involved a brace of Connecticut politicians and Congressman Wright Patman. Executive Vice President Charles F. Michaels was revealed to have unloaded $118,500 worth of common stock a month before the receivership. Hollywood set to work on a Musica movie...