Ma Bell as Monopoly Target in AT&T Antitrust Suit
The Justice Department files an antitrust suit against AT&T likely to drag through federal courts for years. The piece argues public benefit from breaking up a national telephone system is uncertain and regulation has kept rates reasonable. It stresses AT&T’s efficiency, shareholder spread, and the potential costs of fragmentation to service quality.
MENTIONED IN THIS ARTICLE
Justice Department
American Telephone & Telegraph Co
United States of America
At&t
Bell Companies
America
Continuing Harassment by the IRS
Readers describe high handed methods and harassment by the Internal Revenue Service. The column recounts Ralph de Toledano's experience with notices demanding payments, bureaucratic delays, and threats of asset seizure, prompting concerns about government overreach and constitutional rights.
MENTIONED IN THIS ARTICLE
Ralph de Toledano
Internal Revenue Service
IRS
Philadelphia
Washington
Looking Ahead At Our Economy In 1974 to 75
The piece surveys postwar recessions and forecasts for 1975, noting five recessions since WWII, with GNP declines and a current consolidation. It cites Detroit car oversupply, housing overbuild, mortgage rates dipping to 9.17 percent in Oct, possible 8 percent prime rate, and a 6 percent current unemployment that could rise to 7 percent by spring before a mid 1975 upturn. The stock market is seen as six months ahead of trends.
MENTIONED IN THIS ARTICLE
Detroit
Wichita
Henry Ford
Chicago
United States
New Weapons Threat in Future War Warned by Swedes
In peaceful Switzerland a 49-nation Red Cross panel discussed future weapons including lasers masers sound beams and geophysical devices. The Swedish report warns lasers could damage aircraft and eyesight and urges a total ban. Environmental and geophysical warfare are deemed especially dangerous and must be banned.
MENTIONED IN THIS ARTICLE
Washington
Switzerland
Red Cross
United States
Vietnam
United Nations
Soviet Union
Also Mentioned on This Page
Donald C. Alexander
Vivian Kellems
By Jack Anderson
Dr. Strangelove
House Agriculture Committee
TWA
Virginia
California
New York
Illinois
Nixon
Aiken
Samuel A. Cothran
Robert D. Cathcart
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