Chamber chief argues competition, not size, defines monopoly
Herman W. Steinkraus, president of the US Chamber of Commerce, told a House Judiciary Subcommittee that monopoly power is measured by competition, not bigness. He listed criteria for monopoly inclining to stifle innovation, high costs, and unused capacity, and said the Chamber supports corrective changes when cases arise.
MENTIONED IN THIS ARTICLE
Washington
US Chamber of Commerce
Herman W. Steinkraus
Amer
Ican
House Judiciary
Steinkraus
Enue
Chamber of Commerce of the
United States
Lufkin's Kurth Due Still Another Citation
Houston reports Ernest L. Kurth a Lufkin industrialist and civic leader will receive another citation from the Texas Manufacturers Association. A Kurth Appreciation Day banquet in Lufkin is set for December 14 where he was named this year's Man of the South.
MENTIONED IN THIS ARTICLE
Lufkin
Kurth
Houston
Ernest L. Kurth
Texas Manufacturers Associ
Ation
Lufk
PENCILLAGES OLD Lead pencils debut in 1560 England
Historical note confirms lead pencils began use in 1560 during Queen Elizabeth I era in England. The statement ties pencil origins to mid 16th century European craftsmanship and marks a milestone in writing instruments history.
MENTIONED IN THIS ARTICLE
England
Elizabeth
Taxi driver robbed twice in one night in Dallas
Dallas police report J W Jolly taxi driver was robbed at gunpoint at a tavern by two passengers who took 18 dollars and his cab, then later that night they slugged him and stole 10.30 dollars near a barbecue stand. He seeks daytime work.
MENTIONED IN THIS ARTICLE
Dallas
J. W. Jolly
Jolly
Eisler's Appeal Dismissed By Supreme Court
The Supreme Court dismissed Gerhart Eisler's contempt of Congress appeal after he fled to England and Germany. Justices voted 5 to 4 to place the case in suspended status, with no further action, while other Monday rulings included real estate anti-trust, a patent disbarment, and a Georgia civil case.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Gerhart Eisler
Eisler
England
Germany
Philip B. Perlman
Perlman
Douglas and Clark
US District Court
National Association of Real Estate Boards
United States Patent Office
Vernon M. Dorsey
Washington, D. C
US Court of Appeals
Georgia
Richard J. Brown
Brown
House un-American Activities Committee
United States
Davis Rein
Joseph Forer
High Court
US Senators Discuss Aid to Franco During Spain Tour
A delegation of seven US senators from the Senate Armed Services Committee met in Toledo Province with Spanish figures to discuss possible American aid to Spain. Talks covered direct loans or credits and Spain’s inclusion in the Marshall Plan, with a private bullfight event hosted by Pedro Grandarias.
MENTIONED IN THIS ARTICLE
Spain
Madrid
Elmer Thomas
Dokla
Juan Antonio Suances
Senate Armed Services Committee
Pedro Grandarias
Toledo
d’Alaires
Paul Culbertson
Dennis Chavez
European Recovery Program grants aid US sales
The Economic Cooperation Administration announced new Marshall Plan grants for Western Germany Ireland Denmark and Great Britain to buy US commodities. Germany gets 7.215 million for corn and Ireland 2.575 million plus 1.765 million of tobacco and 810 thousand of corn. Denmark 2.6 million for corn. Britain 151 thousand for rubber and related materials. Total ERP grants now 7.360075 million.
MENTIONED IN THIS ARTICLE
Washington
United States
Economic Cooperation Administration
Germany
Ireland
Denmark
Great Britain
Quit Hunting Boys Rings Under the Table
Mrs Lucy Dardell reported a theft last week in Parsons Kansas. She told police to stop searching for two rings and a watch after finding them under a table scarf.
MENTIONED IN THIS ARTICLE
Parsons, Kan
Lucy Dardell
Parsons
Kan
Texas Tech Receives Pan Tex Ordnance Plant Title
LUBBOCK November 21 Texas Tech officials announced the formal transfer of the Pan Tex Ordnance Plant area near Amarillo to the college by the General Services Administration. The site includes 433 buildings on 17000 acres valued at 23000000 dollars. Tech has operated the Pan Texas farm since an interim agreement last April.
MENTIONED IN THIS ARTICLE
Lubbock
Texas Tech
Pan-Tex Ordnance
Amarillo
College
General Services Administration
Tech
Pan- Texas
GSA
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