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From 1948 to March 1961, charged the indictment, various defendants conspired, in violation of the Sherman Act. to fix prices and rig bids on "open-die steel forgings" (large steel shapes, mostly shafts and axles, formed by hammering or pressing the metal rather than by rolling or casting). Some of the fixing and rigging sessions took place at meetings of a New York outfit called the Open Die Forging Institute, according to the indictment, and at these meetings the institute's secretary was excused, "with the result that the minutes did not reflect such discussions." The conspiracy...

Author: /time Magazine | Title: The Economy: Lay That Pistol Down | 5/4/1962 | See Source »

...Schirmer set up Standard Register in partnership with a Dayton business broker named John Q. Sherman. Within a year the infant company was in receivership, and Schirmer had sold out his interest to Sherman and his brother William. For a long time, Standard seemed doomed to the small time, even though the Shermans developed ways of converting the punched margins to typewriters and other business machines, competitors contemptuously dismissed Standard's punched forms as "lace panties" and "smallpox paper." Curfew at Midnight. During the Depression, Standard turned the corner by deciding to concentrate on producing specialized business forms-which...

Author: /time Magazine | Title: Corporations: Profits in Paper Pushing | 5/4/1962 | See Source »

...Kenneth B. Keating (R-N.Y.) who, along with Republican Senators John Sherman Cooper of Kentucky and Hiram L. Fong of Hawaii will join Saltonstall as the Harvard hosts from the upper chamber, cited the Club's visit as "magnificent proof that enlightened men come out of Harvard as well as Democrats...

Author: NO WRITER ATTRIBUTED | Title: HYRC Members Visit Washington; Saltonstall, Keating Will Host Group | 4/11/1962 | See Source »

...pushed the mechanization of U.S. coal mines, opposed featherbedding, and kept the coal industry free of major strikes since 1952. He has also put the squeeze on small, uneconomic mines to such an extent that a year ago the U.M.W. was found guilty of violating -of all things - the Sherman Antitrust...

Author: /time Magazine | Title: Mining: Hot Coal | 4/6/1962 | See Source »

...Kennedy began buying some of their clothes. Two years ago, they moved out to a new place of their own on Park Avenue. Jackie moved with them, and so did such customers as Mrs. William Paley, Mrs. Harry Payne Bingham, Mrs. Charles Wrightsman, Mrs. Douglas Dillon and Mrs. John Sherman Cooper...

Author: /time Magazine | Title: Fashion: Sophie & Nona | 3/23/1962 | See Source »

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