Word: shermans
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...Sherman Anti-Trust Act, which Chief Justice Hughes called "a charter of economic freedom," is 50 years old this year. And 1940 is the first of those 50 years in which Congress permitted the Department of Justice to spend more than $1,000,000 on its enforcement. It is the first year since the trustbusting days of Roosevelt I and Taft (Standard Oil, American Tobacco, Northern Securities, etc.) in which the Government has put on a real Sherman Act show. It is also a year of war, whose outbreak, in the words of Assistant Attorney General Thurman Wesley Arnold...
Among the impatient mourners were not only businessmen, 23 of whom (and 15 corporations) were indicted for Sherman Act violations last week. There were also farmers, labor leaders, even New Dealers -especially those inner circlers who are trying to help (or steer) the Defense Advisory Commission in rearming the U. S. A maverick New Dealer, Thurman Arnold necessarily regards the Defense Commission as his natural enemy. It stands for more cooperation among businessmen than he trusts, reminds him unpleasantly of NRA; besides, it may do him out of a job. This week, as Washington's defense parade threatened...
...taught law at Yale, did a few jobs for AAA and SEC on the side. He also wrote two books - Symbols of Government (1935), Folklore of Caitalism (1937) - which combined a rigorous political iconoclasm with a good deal of intellectual clowning. One of their chief targets was the Sherman Act, which he called a "preaching device." Trusts, said he, are a social necessity, like houses of prostitution ; the Sherman Act was merely intended to express society's disapproval...
...members are Lieut. General Stanley Dunbar Embick, Commander of the Fourth Corps Area, charged with Atlantic coastal defense; Captain Harry W. Hill of the Navy's War Plans' Division; New York City's omnipresent Mayor Fiorello H. LaGuardia; Commander Forrest Sherman of the Navy and Lieut. Colonel Joseph T. McNarney of the Army Air Corps, who will alternate on aviation questions; and the State Department's Assistant Chief of the European Affairs Division John Dewey Hickerson...
Boom Town's assault on the Sherman Act (coming from a major defendant in the pending cinema anti-trust suit) might be excused as an expedient to end a picture that otherwise threatened to go on forever. Like most movies that are built on the theory that four stars are better than one, Boom Town is not so much a picture as a series of personal appearances. Stripped to a suit of balbriggan underwear in one scene, Clark Gable reveals a paunch. Fully clothed throughout, Hedy Lamarr still reveals nothing...