Word: shermans
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...that it gave southerners an excuse for doing nothing. Despite lynchings,* he believes that Negroes and whites have lived together in relative quiet, decency and peace, and that if the South is to rise, both races must rise together. He concludes that the tariff hurt the South more than Sherman ever did, that a northern economic occupation is now ending just as its military occupation once ended. From northerners, he asks only forbearance: Cato the Elder destroyed Carthage, he says, and planted it with salt, but he did not afterwards ride through Carthage and blame its poverty on the Carthaginians...
...normally employed in Akron by Goodyear, Goodrich, Firestone and General rubber companies were out of work. Like their C. I. O. brothers in Michigan, members of the United Rubber Workers of America complain that they are getting the short end of retrenchment. Young, levelheaded U. R. W. President Sherman Dalrymple accuses the companies of demoting foremen and other supervisors to production lines, letting out union men who otherwise would hold their jobs by seniority...
...been investigating the connection between the Big Three motor-makers (Ford, General Motors, Chrysler) and the Big Four auto-financing companies (General Motors Acceptance Corp., Commercial Credit, Universal Credit Corp.. Commercial Investment Trust). The Assistant Attorney General was trying to get criminal indictments against them for violating the Sherman Anti-Trust Act. But Judge Geiger discharged the grand jury when he discovered that attorneys for the companies were trying to settle with Robert Jackson out of court...
...executives. Second was against Chrysler Corp., Chrysler Sales Corp., Dodge, De Soto, Plymouth, Commercial Credit Co., and 18 executives, including Walter P. Chrysler. Third was against Edsel Ford, Ford Motor Co., Universal Credit Corp. and twelve more executives. Maximum penalty for conviction on the indictments of violating the Sherman Act is $5,000 or a year in jail, or both. But the case is not likely to go before a jury until October, and Thurman Arnold presumably still believes in "practical solutions...
Scheduled for trial next September is Madison Case No. 2 in which the Government accused virtually the same officers and companies of having violated the Sherman Act in another way-by demanding uniform jobber contracts and permitting jobbers only a carefully defined profit. Last week, considering the amount of time and money they had already spent and might still have to spend, 14 of the 22 accused oil companies and eleven of their executives* decided to plead nolo contender e. That meant they agreed to pay maximum fines and court costs amounting to $400,000-which, considering the cost...