Thurstan Arnold warns unions can fix prices under antitrust laws
Thurstan Arnold former head of the Justice Department antitrust division told the Senate Banking Committee that leaving antitrust laws unchanged allows unions to collude with management to set prices and restrict production. He argued unions cannot be forced into illegality and warned that a three day work week could be used to entrench labor in the coal industry.
MENTIONED IN THIS ARTICLE
Néton
Forestbuster
Thurstan Arnold
Congress
Rng
Arnold
Justice Department
Washington
Senates Banking Committee
Robertson
John J. Tews
Supreme Court
Ustitrust
U S European Arms Aid Plan Has Contingent Aims
AP analysis notes the 1.45 billion foreign arms aid plan aims to bolster European defenses, reduce risk of Russian aggression, and justify U S strategic interests. It highlights budget strains, self defense, and democratic ideals as Truman argues for aiding allies while warning aid is not purely altruistic.
MENTIONED IN THIS ARTICLE
U.S
Dewitt MacKenzie
Truman
Jon Congress
Uncle Sam
Germany
Congress
United States
Western Europe
Western
Europe
America
Retirement Plan Freak Would Pay Out Huge Amount
A Washington report says a federal employee who paid $7.43 into the civil service retirement fund could receive about $27,000 yearly, with life expectancy potentially pushing benefits beyond $150,000 of his input unless Congress acts on a bill. The case traces to early 1947 earnings and later service.
MENTIONED IN THIS ARTICLE
Washington
Civil Service Retirement Fund
House Civil Service
Congress
House
Civil Service Commission
Civil Service
Mrs Beck Breaks Down on Stand in Murder Case
New York July 26 Mrs Martha Beck 29 and Raymond Fernandez 34 are on trial for first degree murder in the bludgeon strangulation death of Albany widow Janet Fay 66. Beck testified she abandoned her children in New York after a failed attempt to place them for adoption, later claiming an impulse to vanish with the children. She blamed a quarrelsome mother and deceitful men for her plight.
MENTIONED IN THIS ARTICLE
New York
Martha Beck
Lonely Hearts
Salvation Army
Beck
Raymond Fernandez
Janet Fay
Albany
Valley Stream
Florida
Fernandez
F Salvation Army
Per
Fernandes
American Woolen Co. Cuts Men’s Fabrics 18 Percent
New York July 26 UP The American Woolen company announced price cuts of up to 18 percent on its line of men’s wear fabrics for next spring. It was the largest percentage cut by the company since World War I.
MENTIONED IN THIS ARTICLE
New York
American Woolen Company
Also Mentioned on This Page
Penney
Rei Harry
Priscilla
Rubber Baby
ITF
Oxfords
Ford
Hope Auto
Hope
Ark
W. Second St
Tomor
Mrs. Beck
American Woolen Co
Doyne
Pew
P-W
Dayne Co
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