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...demands, the U. S. Department of Justice made a nine-month investigation this year, began presenting evidence to a special Federal Grand Jury in Milwaukee last September. The jury is still in session, but A. F. C. members last week were unanimously confident of victory under the Sherman Anti-Trust Law. Said new A. F. C. President Owen Lewis Coon: "I can see the breaking of monopoly ahead in this business, and I can see the breaking up of the business into smaller units, and there may once again be 1,500 independent finance companies...

Author: /time Magazine | Title: Business: Monopolistic Coercion | 11/22/1937 | See Source »

...Bellboy dance committee consists of Robert I. Gale 2nd '38, chairman, Thomas F. Geraghty, Jr. '38, Robert G. Webster '39, Sherman P. Cotton '38, Gardner Clark '39, Converse O. Smith '39, Edmund J. Doering '40, and William N. Dale...

Author: NO WRITER ATTRIBUTED | Title: News from the Houses | 11/19/1937 | See Source »

...famed dissenting opinions became a Court tradition. When the majority had ruled against the right of a stonecutters' union to call a strike against a plaintiff's non-union products, Justice Brandeis, in 1927, summed up what is still an important part of his views on the Sherman Law. Pointing out that the law permitted Capital to combine 50% of the steel industry in one corporation, most of the shoe machinery industry in another, he wrote: "It would, indeed, be strange if Congress had by the same Act willed to deny to members of a small craft...

Author: /time Magazine | Title: JUDICIARY: Old Men, New Battles | 11/15/1937 | See Source »

Having announced that PWA and RFC would make no further commitments, he was visited by Indiana's New Deal Senator, Sherman Minton. Mr. Minton left the White House, telling reporters ruefully: "I asked for a hell of a lot of PWA money and didn't get a dime...

Author: /time Magazine | Title: THE PRESIDENCY: Balanced Thinking | 11/1/1937 | See Source »

...anti-trust laws the speaker said that "despite frequent prophecies of their death, these laws are not only alive but show signs of renewed vitality." Reviewing the history of the oil industry, he declared that the Sherman Anti-trust Law has eliminated rough-and-tumble methods and hitting below the belt, and prevented an outright monopoly of gasoline, but it "has not altered the desire of business men to combine; nor has it enabled you and me to get our gasoline at the lowest possible prices." On the arrival of NRA, "the voice of the consumer was drowned...

Author: NO WRITER ATTRIBUTED | Title: REYNOLDS GOES ON AIR FOR GUARDIAN; SPEAKS ON COURTS, BUSINESS | 10/26/1937 | See Source »

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