Word: vinson
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...they could pass this test on something I know didn't happen," said Vinson, "I'd be very reluctant to take one. I have no faith in them...
Originally, Vinson had been named in the price-fixing indictment, largely on the testimony about the luncheon. But Vinson produced evidence, composed of luncheon checks, notes of appointments with other G.E. officials and outside business meetings to support his contention that he had not been in Philadelphia during the period that the luncheon supposedly took place. The Government withdrew the indictment. To press Vinson further, Kefauver put on the stand Raymond W. Smith, who was formerly vice president in charge of G.E.'s huge transformer division and was fined $3,000 for his part in the conspiracy...
Smith testified that Vinson told him that President Paxton and he had met Westinghouse President Mark Cresap Jr. and Vice President Monteith in a Boston hotel room in June 1958 "to discuss transformer prices." Kefauver asked Smith: "Is it your belief that Arthur Vinson knew that you and your colleagues were meeting with competitors...
Recalled to the witness stand, Vinson was asked by Kefauver, "Do you still say you didn't know about meeting with competitors...
...purpose of discussing prices, yes," answered Vinson. "Mr. Smith is a very intelligent man, but he completely misunderstood." The meeting with Westinghouse, explained Vinson, was on a social "get-acquainted basis, and nothing was said about prices...