Where Is the Monopoly in Retail? Court Battle and Public Voices
The government sues to breakup the largest U.S. food chain amid debates on monopoly theory and size as a measure of market power. Independent grocers defend fair competition and low prices while editorials urge balancing consumer benefit with economic integrity.
MENTIONED IN THIS ARTICLE
Melvin & Johnson
Benjamin F. Johnson
Mary Melvin
Market Street
Denton
Maryland
Caroline County
President Truman faces internal critic as chief economic adviser resigns
Dr. Edwin Nourse resigns after blunt critique of administration economics. He warned deficits as a way of life threaten financial security, urged fiscal reform, and criticized coal and steel policy moves. The liberal economist supported New Deal principles but now doubts the cost of Truman's fiscal path.
MENTIONED IN THIS ARTICLE
Truman
Edwin Nourse
Dr. Nourse
Nourse
Economic danger warned as steel strike looms
Secretary of Commerce Sawyer says a steel strike lasting to December could leave 5,000,000 men unemployed. The resulting drop in spending would cripple merchants and landlords, reduce government revenues, and prolong recovery. The outlook for Mr. Truman grows stormy as opposition to his policy increases.
MENTIONED IN THIS ARTICLE
Secretary of Commerce
Sawyer
Mr. Truman
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